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Presto is building Stripe for EV charging
Presto is helping connect fleets and charging networks so drivers can find working chargers quickly.
An EV driver can be charged and back on the road in a smooth 20 minutes, but they might also encounter broken chargers, unresponsive touchscreens, and blocked stalls, all of which can make for a frustrating experience. Presto recently raised a $15 million seed round led by Union Square Ventures, the company exclusively told TechCrunch. The combination gives Presto a range of data to power its machine learning recommendation engine, telling drivers which chargers they should use and where networks should direct their maintenance crews.
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