Canadian Infrastructure Bank invests in EV charging stations with DOOH

The Canadian Infrastructure Bank (CIB) has signed a loan agreement with Jolt to the tune of $194 million. The investment will allow the installation of up to 1,500 new curbside EV chargers in urban areas, ensuring Canadians have access to convenient charging options.

Jolt offers free and fast charging, paid for by advertising integrated on the EV chargers and the Jolt app.

According to the CIB, through the Charging and Hydrogen Refuelling Infrastructure Initiative (CHRI), the CIB collaborates with EV charging network owners and operators to accelerate the private sector’s rollout of large-scale charging infrastructure across Canada. This project marks the CIB’s fourth CHRI investment and its third in EV charging infrastructure.

Jolt first launched in Australia and is now that country’s largest free EV charging and DOOH network, as well as in New Zealand and the United Kingdom.

Datacy acquires Surf

Surf, an all-in-one data and rewards platform, has been acquired by Datacy, an American consumer insights platform.

As part of the deal, Datacy will also acquire Surf’s web data customers, Surf’s existing user base and past user accounts, and any marketing assets Surf utilized to promote its extension (social media handles, website, etc).

Surf, which began life as Trufan, launched its browser extension in 2021 after seeing a void in the first party landscape. The browser extension informs users on what data they are sharing, gives users the ability to manage what data they do and don’t want to share, and compensates users with points that they can redeem for discounts, gift cards and giveaway entries.

“Much like Surf, the team at Datacy believes in a future where consumers are given more autonomy over what they do with their data. [We] cannot wait to help them become the gold standard for compliant and ethical data collection,” said Swish Goswami, CEO and co-founder of Surf.