Volvo Group Venture Capital Invests In EV Charging Software Company Driivz
Volvo Group Venture Capital AB has invested in Driivz Ltd., a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. The Driivz platform functions as an operating system for…
Electric Vehicle Maker Euler Motors Raises ₹300 Million From Existing And New Investors
Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has raised ₹300 million (~$4.1 million) as a part of its ongoing Series A round. The funding was led by existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan….
Vogo Raises $11.5 Mn Series C Funding To Bolster Electric Two-Wheeler Fleet
Bengaluru-based two-wheeler rental startup Vogo has raised $11.5 Mn in its Series C funding round from existing investors, including Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners. With its latest funding, Vogo will ramp up its electric two-wheeler fleet, streamline…
Competition Intensifies For Commercial Vehicle Battery Makers
Moving beyond electric vehicles themselves, blank-check companies are targeting battery developers critical to the growing demand for zero-emission commercial vehicles. The most attractive battery-making companies have track records and significant revenue, reducing the risk to investors. The special purpose acquisition…
Wallbox Gains €33Mn Fresh Capital
Spain’s charging solutions supplier Wallbox closed a €33 million financing round led by new investors Cathay Innovation and Wind Ventures. Existing investors such as Iberdrola and Seaya Ventures were also on board. Wallbox expects the new capital to inject strategic…
China’s EV Funding War
US electric carmaker Tesla and its smaller Chinese rivals NIO and Xpeng Motors have been on a US$12 billion capital-raising drive over the past year as their share prices have soared, competing fiercely to attract investors to help fund the…
Ather Energy Raises Rs 260 Crore In Fresh Funding
Ather Energy has recently raised an investment of USD 35 million (Approx Rs 260 crore) in its latest round of Series D that was led by Sachin Bansal’s investment of USD 23 million. The Bengaluru-based start-up was one of the…
Mumbai-Based EV Startup Raises Funding To Launch Three New Models This Year
Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of three vehicle models, which it has been working on. The…
