ChargeNet has closed a $6.2 million Series Seed financing round led by Aligned Climate Capital. Additional investors in the round include the San Diego Angels, Tech Coast Angels, and the LACI Impact Fund. The proceeds from the investment will be allocated to ChargeNet’s development pipeline of solar powered charging stations and fund the company’s growth strategy.

The start-up is currently developing fast, solar powered, EV charging stations located in quick-serve restaurant parking lots. These sites utilize ChargeNet’s software to replenish around 100 miles of range in 15 minutes for a estimated charge of $10. The first site will open at a Taco Bell in South San Franciso in January 2022.

A further 70 Taco Bell restaurants are set to add ChargeNet services in the coming months – with six stations per restaurant parking lot.