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moves money Electrek May 21, 2026

EV charging demand is stressing local grids, and Texture just raised $12.5M to tackle it

EV charging demand is stressing local grids, and Texture just raised $12.5M to tackle it
AI Summary

Grid software startup Texture has raised a $12.5 million Series A round as utilities scramble to keep up with rising electricity demand from EVs, EV chargers, data centers, renewables, and extreme weather.

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