EV charging startup Exponent Energy raises $13 Mn to expand its e-pump network


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Electric vehicle (EV) charging infrastructure startup Exponent Energy has raised $13 Mn in a Series A funding round led by Lightspeed. Its existing institutional investors including YourNest VC, 3one4 Capital, and AdvantEdge VC also participated in the round. The startup plans to use the fresh funds to scale up the e-pump network to 100 location points per city, which would start with Bengaluru.