This Fast-Growing Startup Just Landed $30.5 Million to Power Up the Future of EV Fleets—Here’s Why It Matters
SparkCharge raises $30.5M to fuel its off-grid EV charging revolution—expanding mobile charging solutions across US, Canada, and Mexico.
Quick Facts
- Funding secured: $30.5 million in combined Series A-1 and venture loan facility
- Expansion: United States, Mexico, and Canada
- Founded: 2017
- Service: Mobile, off-grid EV fleet charging—no infrastructure needed
Electric vehicle adoption is charging ahead, but the biggest bottleneck remains: infrastructure. SparkCharge, the innovative US-based company known for its portable, off-grid fleet charging solutions, has closed a massive $30.5 million in new funding. The round was led by Monte’s Fam, with major support from Horizon Technology Finance Corporation and additional heavy-hitting VCs such as Collab Capital, Cleveland Avenue, Non-sibi Ventures, Elemental Impact, and MarcyPen.
SparkCharge intends to disrupt how fleets power up—removing delays, upfront costs, and anxiety about range limitations. The new funds will push its Charging-as-a-Service (CaaS) model across North America, empowering fleets, logistics firms, events, and even rideshare networks with mobile DC fast charging anywhere, anytime.
Q: What sets SparkCharge apart in the EV charging race?
Unlike traditional charging networks that require expensive, time-consuming grid infrastructure, SparkCharge’s mobile solution brings DC fast charging directly to vehicles—wherever they are. This means delivery trucks, service fleets, or even autonomous vehicles can charge up at ports, events, or curbside without being tied to a charging station.
For businesses racing to electrify fleets in 2025—and beyond—time is money. SparkCharge slashes deployment timelines and capital expenditure, accelerating the shift to clean, electric mobility. In an industry dominated by slower, fixed-site approaches, their technology drives accessibility and flexibility.
How does SparkCharge’s funding fuel its EV charging network?
The $30.5 million boost includes a $15.5 million Series A-1 and a $15 million venture loan, along with fresh equipment financing options. The cash infusion will:
- Expand its geographic footprint into Mexico and Canada
- Build out strategic partnerships across multiple mobility sectors
- Scale its off-grid mobile DC fast charging network for commercial fleets
- Eliminate months of waiting for grid-dependent installations
Industry leaders like Tesla and Ford are betting big on electric fleets—yet many companies still struggle with access to reliable charging. SparkCharge offers a powerful work-around, delivering energy to wherever the road leads.
Why is now the time to bet on mobile EV charging?
As government mandates and consumer demand drive fleet electrification, logistics providers, auto makers, and delivery companies are hunting for scalable, flexible solutions. With mobile charging, fleets can roll out EVs faster, more efficiently and with reduced risk. According to McKinsey, the global EV fleet market could soar to more than 18 million vehicles by 2030—putting portable charging in the spotlight.
Major events like the Evertiq Expo, set for June 5, 2025, in Berlin, are putting trends like SparkCharge’s front and center, bringing together visionaries shaping the electronics and e-mobility future.
How can businesses tap into the off-grid EV charging revolution?
Whether you operate delivery vans, manage rental cars, or plan logistics, SparkCharge offers hassle-free, grid-independent charging as a subscription service. Companies can electrify their fleets without the wait or upfront infrastructure spend—making green goals achievable and immediate.
Ready to electrify your fleet or stay ahead in tech? Don’t miss the EV revolution—act now!
Checklist to Get Started with Off-Grid EV Fleet Charging
- Evaluate your fleet’s current charging needs and future growth
- Research mobile CaaS options like SparkCharge for flexibility
- Join upcoming events, like Evertiq Expo, to network with industry pioneers
- Subscribe to news updates to track the latest EV technology trends
For the latest updates in electric mobility and business technology, sign up for industry newsletters and watch key players like SparkCharge as they redefine how America—and the world—charges up.
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