What is Beam?
Beam Global operates at the intersection of renewable energy and transportation, specializing in the engineering and manufacturing of autonomous, solar-powered infrastructure. The company's core product suite, which includes the EV ARC and Solar Tree DCFC systems, provides off-grid, renewably energized charging solutions for a diverse range of electric vehicles, from passenger cars to heavy-duty public transit and construction equipment. By integrating solar generation with advanced battery storage, Beam addresses the critical infrastructure gap in the electric vehicle ecosystem, offering scalable, rapid-deployment charging assets that bypass traditional grid constraints. This market position is increasingly vital as global demand for sustainable, resilient energy solutions continues to outpace conventional utility-dependent charging deployments.
How much funding has Beam raised?
Beam has raised a total of $100M across 1 funding round:
Debt
$100M
Debt (2023): $100M with participation from The Oci Group
Key Investors in Beam
The Oci Group
The OCI Group provides contract CFO services and financial infrastructure support, specializing in building robust accounting departments and optimizing financial performance for growing enterprises.
What's next for Beam?
With this major enterprise-level funding, Beam is expected to scale its manufacturing capabilities and expand its footprint within the heavy-duty and public transportation sectors. The strategic allocation of this capital will likely focus on enhancing the energy density of its storage solutions and optimizing the deployment speed of its DC fast-charging systems. As the company transitions into this next phase of operational maturity, the focus will remain on securing long-term contracts with municipal and commercial fleet operators, thereby solidifying its status as a foundational provider of off-grid energy infrastructure in the global transition to electrified mobility.
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