# Movener

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/movener

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Santiago, Chile
- Website: www.movener-epower.com/
- Total disclosed funding: $2M
- Latest round: Series A (Apr 30, 2024)
- Investors on record: 1

## About

Based in Santiago, Chile, and founded in 2015 by co-founders Gonzalo Pacheco and Patricio Novoa, Movener operates as an automobile company providing an e-monility device that transforms any polluting vehicle into a hybrid ecological vehicle. In April 2024, Movener raised USD 2 million in Series A funding led by SQM Lithium Ventures. 

Movener provides products known as E-power, which integrates of both combustion engine and electric technology into one comprehensive kit. It focuses on reducing maintenance costs and greenhouse gas emissions. The company offers a mobile application platform which provides insight for the products and tools. In addition, the firm developed a conversion technology that transforms combustion-engine trucks into hybrid-electrics. 

The company plans to use the funding from April 2024 to enhance its commercial rollout in Chile and globally, focusing on sustainable transportation solutions.

## Funding rounds

- Series A, Apr 30, 2024, $2M — SQM Lithium Ventures

## Investors

- SQM Lithium Ventures (https://capitalatlas.ai/funds/sqm-lithium-ventures) — Series A