Surging Cincinnati startup raising $20M to fuel growth, adds to C-suite

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A Cincinnati startup building out a high-profile network of charging stations for electric cars is raising millions to help fuel its growth.

Downtown-based Electrada, which installs, owns and operates electric vehicle charging stations, has raised more than $11.9 million as part of a total equity offering worth $20 million, according to a recent filing with the U.S. Securities and Exchange Commission.

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Story excerpt provided by CincyInno.

Written by Liz Engel.

Originally published July 20, 2021.

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