XCharge Group, a global leader in battery-integrated charging solutions, filed with the SEC to raise up to $50 million in an initial public offering.
Previously, the company has secured a new investment, to propel XCharge’s ambitious expansion plans, reinforcing its position in the competitive EV charging industry. Mobility Innovation Fund participated in the round.
Ionomr Innovations Inc., developer and manufacturer of breakthrough, foundational polymer and membrane technologies for next-generation hydrogen applications, has closed a US$20 million Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures. Mobility
Climate technology firm Infinitum, which develops high-efficiency industrial motors with its printed circuit board stator technology, had closed its Series E led by Just Climate. Mobility Innovation Fund participated in the round as an investor.
In May 2023, Mobility Innovation Fund joined the Series A1 investment in H2U Technologies, Inc. , the developer of new energy technologies to produce green hydrogen.
Recogni, a startup designing an AI-powered vision recognition module for autonomous vehicles, successfully completed its Series C round. Mobility Innovation Fund participated in this round.