News > Tiger Global leads $25 million Series A round in Battery Smart

Tiger Global leads $25 million Series A round in Battery Smart

Moneycontrol | 27/06/2022 01:32 PM | Click to read full article

Battery Smart, a battery-swapping network for electric vehicles (EVs), has raised $25 million as a part of its Series A funding led by Tiger Global Management, the company said on June 27. Existing investors Blume Ventures and Orios Ventures also participated in the funding round.

Battery Smart will use the funds to expand to new territories, strengthen its battery-assignment technology and build team to continue scaling operations.