StoreDot shares +48%

The price per share has reached $17 in a new round.

In early 2022, the company held a Series D investment round in which it raised more than $80 million. We estimate StoreDot's capitalization at $1.14 billion.

In March, StoreDot secured investment from India's leading electric vehicle manufacturer Ola Electric, and the companies announced a strategic partnership. Ola Electric plans to deploy StoreDot's Extreme Fast Charging in its EVs.