Startup Voltify raises $30 million for rail electrification platform
By
Binu Mathew
US-Israeli startup Voltify raised $30 million in a private funding round to accelerate development of its platform to enable rail operators to transition from diesel to electric without heavy infrastructure investments, it said on Tuesday.
Voltify was founded by Daphna Langer and Alon Kesse
The round was co-led by venture capital firm Aleph and global mining company Fortescue , with participation from additional strategic investors like Menomadin, in addition to J-Impact, The Dock and E44
