Chargeup Powers Up: $3M Funding Fuels the Electric Last-Mile Mobility Revolution

Chargeup is thrilled to announce that we have successfully raised $3,000,000 in funding—a key milestone as we accelerate our mission to electrify last-mile mobility across the country. At Chargeup, our vision is anchored in building a data and technology-driven, driver-centric platform that truly understands and addresses the challenges faced by those on the front lines of urban mobility. Our proprietary Fi-Ne-Tech platform is designed to revolutionize the electric mobility experience by effectively tackling three major problems for drivers: limited access to credit, low earnings, and the reduced asset lifespan caused by current operational inefficiencies. This substantial injection of capital underscores the strong investor confidence in our innovative approach to transforming mobility. With this new funding, Chargeup plans to enhance our comprehensive suite of services—improving financing options, ensuring predictable asset management, and expanding an unmatched distribution network of energy and service solutions. These strategic initiatives will directly empower millions of drivers by providing them with easier credit access, more reliable earnings, and extended asset life, all of which contribute to improved financial security and overall well-being. Looking ahead, the funds will be allocated to further develop and refine our platform, as well as to expand our geographic footprint and service capacity, facilitating a smoother transition for drivers into electric mobility. As Chargeup continues to lead the charge in empowering the driver community, we remain committed to creating transformative, scalable solutions that pave the way for a sustainable, inclusive, and prosperous future for last-mile mobility in the nation.