Donut Lab
Latest round
- Seed
Last raised
- Dec 2024
Total raised
- $16M
Investors
- 1
About Donut Lab
Based in Finland, Donut Lab specializes in high-performance electric vehicle components, providing innovative solutions to streamline the development of advanced vehicles across multiple sectors. Donut Lab, established in 2025 in Finland, focuses on electric vehicle components, offering essential products for manufacturers. The Donut Platform specializes in high-performance electric vehicle (EV) components, offering a comprehensive suite of integrated products designed to streamline the development of revolutionary vehicles. Its core offerings include an advanced in-wheel motor providing exceptional torque and power density, high-capacity energy storage solutions optimized for extended range, a next-generation AI-ready compute unit for vehicle intelligence, and adaptive software that enhances control and performance. These components work synergistically, allowing manufacturers across various sectors—such as automotive, aviation, marine, and robotics—to reduce research and development costs by up to 90% while enhancing efficiency and performance. The Donut Platform serves a diverse client base, including automotive manufacturers, aerospace companies, and robotics firms, across multiple geographical markets, including North America, Europe, Asia-Pacific, and emerging markets in South America and Africa. The company generates revenue primarily through direct sales of its components and subscription-based partnerships with manufacturers and developers. Clients engage with the Donut Platform by integrating its motor, battery, and software solutions into their vehicles and systems, facilitating a streamlined product development process. Business transactions typically involve structured agreements that may include one-time purchases for specific components, bundled pricing for comprehensive packages, or ongoing subscriptions for software updates and support services. The revenue model emphasizes long-term partnerships with clients seeking to leverage the high-performance capabilities of the Donut Platform’s technology to enhance their own product offerings. Specific pricing plans and transaction details are structured to align with the unique needs of each customer, ensuring competitive and flexible solutions in the evolving EV landscape. They are targeting growth in North America and Asia-Pacific regions by 2026, aiming to establish a stronger market presence and customer base.
Who invested in Donut Lab
1 investor across 1 round
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Funding rounds
Seed
Dec 13, 2024
Amount
$16M
Investors
Questions about Donut Lab
Who invested in Donut Lab?
Donut Lab has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Donut Lab raised?
Donut Lab has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Donut Lab last raise money?
Donut Lab's most recent round on record is a Seed, in Dec 2024.
What does Donut Lab do?
Based in Finland, Donut Lab specializes in high-performance electric vehicle components, providing innovative solutions to streamline the development of advanced vehicles across multiple sectors.
Where is Donut Lab headquartered?
Donut Lab is headquartered in Finland.
Which VCs invest in companies like Donut Lab?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back automobiles, other vehicles & parts companies at Donut Lab's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Seed
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