Deals Counterparts

Ripple Invests in Sustainable Transportation Startup, EVgo

Investment Electric Vehicle Charging announced United States Mar 15, 2025
USD30M
Deal Value

Ripple invests $30 million in EVgo, a leading electric vehicle charging network. The investment will support the expansion of EVgo's charging infrastructure across the United States, promoting sustainable transportation.

Source Intelligence

KEY DETAILS

Ripple aims to hit carbon net zero by 2030. Quote: Ripple has added its voice to the ongoing cryptocurrency sustainability pool with the announcement that it aims to hit carbon net zero by 2030.

Announcement
Published on: May 16, 2021
PARTIES MENTIONED IN SOURCE
R
Ripple partner

"Ripple has added its voice to the ongoing cryptocurrency sustainability pool with the announcement that it aims to hit carbon net zero by 2030. And it has partnered with various sustainability leaders to achieve that aim."

B
Bill & Melinda Gates Foundation partner

"This included a list of their partners, which already counts the Bill & Melinda Gates Foundation, Mercy Corps, Mojaloop Foundation, and the Institute for Business and Social Impact among them."

M
Mercy Corps partner

"This included a list of their partners, which already counts the Bill & Melinda Gates Foundation, Mercy Corps, Mojaloop Foundation, and the Institute for Business and Social Impact among them."

M
Mojaloop Foundation partner

"This included a list of their partners, which already counts the Bill & Melinda Gates Foundation, Mercy Corps, Mojaloop Foundation, and the Institute for Business and Social Impact among them."

I
Institute for Business and Social Impact partner

"This included a list of their partners, which already counts the Bill & Melinda Gates Foundation, Mercy Corps, Mojaloop Foundation, and the Institute for Business and Social Impact among them."

low quality Enriched Feb 19, 2026

Timeline

Announced
Mar 15, 2025
Signed
Closed

Market Context

This deal is part of the Electric Vehicle Charging sector in United States.
4
Electric Vehicle Charging deals
565
deals in United States
1 of 4 Electric Vehicle Charging deals tracked this month · Updated daily

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