Evum Motors
Seedtable Score
52
Startups
3
Funding Rounds
3
Investors
$55.21m
Money raised
Overview
Evum Motors, based in Munich, holds strong potential with its focus on sustainable electric utility vehicles targeting the B2B market. The company can tap into the rising demand for environmentally friendly transportation solutions. Compared to traditional fossil-fuel-powered vehicles, Evum's electric options offer reduced environmental impact, lower operational costs, and protection against potential regulatory emissions penalties. Supported by investors like EIC Accelerator, Jolt Capital, and Bayern Kapital, Evum Motors' emphasis on green technology and cost efficiency aligns with global sustainability trends, providing a competitive edge in the manufacturing and transportation sectors.
- Website: https://evum-motors.com
- Business model: b2b
- Company size: 101 - 251 employees
- Headquarters: Munich, Germany
- Founded: 2017
- Social accounts: Twitter Linkedin
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Investors (3)
Funding
Funding series
Funding Series Analysis
The company Evum Motors has raised a total of $55.21m in funding over 3 rounds.
Key Insights:
- Unknown: $19.24m
- Series A: $14m
- Series B: $21.97m
Evum Motors Series A (2020, $14M)
$14m
Evum Motors Unknown (2022, $19M)
$19.24m
Evum Motors Series B (2023, $21M)
$21.97m