What is Beam?
Beam Global is a clean-technology innovation company focused on the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Their offerings include the EV ARC, an autonomous renewable charger for electric vehicles, and the Solar Tree DCFC, an off-grid energy storage system capable of providing 150kW DC fast charging for various electric vehicles, including buses and heavy-duty equipment. The company is at the forefront of developing sustainable charging infrastructure.
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, assisting businesses in establishing finance departments, implementing accounting systems, and generating financial reports. They focus on optimizing accounting processes and financial performance understanding.
What's next for Beam?
The substantial enterprise-level funding and recent strategic investment position Beam Global for accelerated growth and market expansion. This capital infusion is expected to fuel further innovation in their renewably energized infrastructure products and battery solutions, particularly in the rapidly growing electric vehicle charging market. The company is poised to enhance its manufacturing capabilities and broaden its sales reach, solidifying its role as a key player in the clean-technology and sustainable energy transition.
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