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OpConnect’s funding brings charge to Hawaii, jobs to Oregon

Portland-based EV charging company OpConnect LLC has received $650,000 in new investments and loans aimed at growing the company’s presence in Hawaii.

The windfall, though, will add jobs at its headquarters in Oregon and help Hawaii meet its green goals.

OpConnect received $350,000 from the Ulupono Initiative, a Hawaii-based investment firm that’s focused on improving quality of life for Hawaiians by reducing waste and increasing the local food supply and renewable energy production. Murray Clay, Ulupono’s managing partner, said in a statement the firm’s investment in OpConnect was targeted to reduce Hawaii’s dependence on imported oil and enable consumer confidence in EVs by reducing range anxiety.

Ulupono’s investment will also allow OpConnect to meet its funding match and secure a $50,000 grant from Drive Oregon, awarded in July. The company also recently received a $250,000 loan from the Portland Development Commission.
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