Press Release

Quantum Energy Partners Leads $127 Million Round for ChargePoint

August 12, 2020

New York – August 12, 2020 – Cooley advised Quantum Energy Partners as the lead investor in ChargePoint’s $127 million incremental equity financing, which boosts ChargePoint’s total funding to $660 million. Cooley lawyers Adam Dinow and Roy Moran led the team advising Quantum. 

ChargePoint is the leading electric vehicle (EV) charging network. The new funds will accelerate the expansion of its global commercial and fleet businesses, supporting the world’s transition to electric mobility. The company will build on its commercial and fleet portfolio in North America and Europe and continue to scale policy, marketing and sales efforts.

In its news release about the financing, ChargePoint said “the latest funding mirrors unprecedented interest in the EV market and underscores ChargePoint’s position as the provider with the most comprehensive portfolio of solutions in the industry. Continued investor commitment to ChargePoint reinforces the tremendous investment potential afforded by electrifying the movement of people and goods.”

Founded in 1998, Houston-based Quantum Energy Partners is a leading provider of private equity capital to the energy industry. It helps entrepreneurs achieve their vision through its financial, technical, operational and commercial expertise. 

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