EVUM Motors

Automobiles, Other Vehicles & PartsSeries BMunich, Germanyevum-motors.com

Latest round

Series B

Last raised

Jun 2024

Total raised

$36M

Investors

7

About EVUM Motors

Founded in 2017, EVUM Motors GmbH specializes in creating electric utility vehicles. The company is headquartered in Munich, Germany. Founders Martin Šoltés and Sascha Koberstaedt have a vision to cater to various industry needs with robust electric solutions.EVUM Motors specializes in designing and manufacturing electric utility vehicles, with their flagship product, the Evum, engineered for robustness and versatility across various applications such as agricultural transport, construction logistics, and municipal services.EVUM Motors generates revenue through direct sales of the Evum electric utility vehicle, targeting both business-to-business and direct-to-consumer markets. Their revenue model includes partnerships with retailers and wholesalers, facilitating bulk purchases by businesses and sales to individual consumers based on vehicle specifications.

Who invested in EVUM Motors

7 investors across 2 rounds

See all investors in EVUM Motors

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jun 26, 2024

    Amount

    $21M

    Investors

    Locked

  2. Series A

    Sep 23, 2020

    Amount

    $14M

    Investors

    Locked

Questions about EVUM Motors

Who invested in EVUM Motors?

EVUM Motors has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has EVUM Motors raised?

EVUM Motors has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did EVUM Motors last raise money?

EVUM Motors's most recent round on record is a Series B, in Jun 2024.

What does EVUM Motors do?

Founded in 2017, EVUM Motors GmbH specializes in creating electric utility vehicles.

Where is EVUM Motors headquartered?

EVUM Motors is headquartered in Munich, Germany.

Which VCs invest in companies like EVUM Motors?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back automobiles, other vehicles & parts companies at EVUM Motors's stage. Their profiles are linked below.

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