26. May 2022 Meghan Sapp

Booster scores $125M Series D funding to expand mobile fuel delivery

In California, Booster, the leading mobile energy delivery platform, has raised more than $125 million in Series D funding led by Rose Park Advisors with participation from new investors Chaac Ventures, Equinor Ventures, Mitsubishi Corporation and Thayer Ventures. Renewable Energy Group also increased their strategic investment as part of the round. Existing investors also participated, including Cercano Management, Conversion Capital, Enterprise Holding Ventures, Invus Opportunities, Madrona Venture Group, Maveron Ventures, Perot Jain LP and Version One Ventures.

With the new funding, Booster will continue to expand its network of direct-to-vehicle fuel delivery, connecting fleets directly to an expanding portfolio of conventional, renewable and alternative fuels. At a time when the urgent desire to transition to a sustainable energy future is far outpacing the availability of the necessary infrastructure, Booster provides a critical “one-stop-shop” solution for the transportation and mobility sectors.