# Electra Vehicles

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/electra-vehicles

- Industry: Software
- Headquarters: Boston, US
- Website: www.electravehicles.com
- Total disclosed funding: $19M
- Latest round: Series A (Jan 25, 2023)
- Investors on record: 10

## About

Based in Massachusetts, US, and founded in 2015, Electra Vehicles, Inc. operates as a B2B software company that focuses on staging the battery storage of electric vehicles. The company was co-founded by Fabrizio Martini and Nicolo Brambilla. In February 2021, Electra Vehicles, Inc. raised USD 21 million in venture funding led by United Ventures, with participation from Stellantis Ventures, Liftt, Club Degli Investitori, and BlackBerry.

The company's line of products includes EVE-Ai (Energy Storage, Vehicle, Environment, Artificial Intelligence) 360 Adaptive Controls for battery packs. EVE-Ai Analytics is a web-based platform for battery data insights. EnPower Battery Pack Design is software for electric vehicle cell selection.

Electra Vehicles plans to expand its operations and development efforts.

## Funding rounds

- Series A, Jan 25, 2023, $15M — Club Degli Investitori, United Ventures, BlackBerry, Liftt, Stellantis Ventures
- Seed, May 18, 2021, $4.4M — Launchpad Venture Group, Club Degli Investitori, Massachusetts Clean Energy Center, Hyperplane Venture Capital, BlackBerry, TiE-Boston, Liftt, Prithvi Ventures

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Seed
- Club Degli Investitori (https://capitalatlas.ai/funds/club-degli-investitori) — Seed, Series A
- Massachusetts Clean Energy Center (https://capitalatlas.ai/funds/massachusetts-clean-energy-center) — Seed
- Hyperplane Venture Capital (https://capitalatlas.ai/funds/hyperplane-venture-capital) — Seed
- BlackBerry — Seed, Series A
- TiE-Boston — Seed
- Liftt (https://capitalatlas.ai/funds/liftt) — Seed, Series A
- Prithvi Ventures (https://capitalatlas.ai/funds/prithvi-ventures) — Seed
- United Ventures (https://capitalatlas.ai/funds/united-ventures) — Series A
- Stellantis Ventures (https://capitalatlas.ai/funds/stellantis-ventures) — Series A
