SUSTAINABILITY
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“ THE KEY THING THAT WE WANTED TO SHOW WAS THAT THEY CAN PROVIDE FAST CHARGING AT A GAS STATION WITHOUT NEW INFRASTRUCTURE , AND WE DID THAT . THAT WAS A BIG ONE ”
— Arcady Sosinov , CEO , FreeWire
gent energy needs from a young age . Leaving the world of finance to pursue a resolution to the EV infrastructure issue , Sosinov founded FreeWire alongside CIO Jawann Swislow and Director of Engineering , Rich Steele . In January 2018 , FreeWire secured a US $ 5mn investment from BP Ventures , closing its $ 15mn Series A financing in December with both BP and Volvo , among others , behind them . “ The biggest challenge , and the reason we raised this Series A round , is to go from pilot to programme ,” Sosinov says . “ A startup like ours , which worked previously at a very small scale , needs capital to build up internal operations , to build up our support structure . We ’ re growing from being that innovative , young , fast moving technology startup , and setting
FEBRUARY 2019