REXEV Co.

Transportation ServicesSeries BTokyo, Japanrexev.co.jp

Latest round

Series B

Last raised

Jul 2022

Total raised

$14M

Investors

12

About REXEV Co.

, Ltd. engages in the development and provision of electric vehicle (EV) infrastructure solutions.REXEV specializes in energy management and mobility solutions, primarily focusing on electric vehicle (EV) infrastructure. The company's core offerings include smart EV chargers that optimize power usage and charging schedules, potentially reducing electricity costs by up to 30%. Additionally, REXEV provides the "Flemobi" service, assisting businesses in transitioning to EVs by optimizing vehicle fleet management and operational efficiency. Their EV car-sharing business is another key component, offering a complete package from business model development to system implementation, aimed at organizations looking to adopt EV car-sharing mechanisms.REXEV's revenue model is structured around a combination of direct sales and service agreements with corporate clients and public sector organizations. The company generates income through the sale and installation of its smart charging systems, with ongoing revenue from maintenance and operational support services. Additionally, REXEV engages in B2B transactions by partnering with municipalities for EV infrastructure projects and offering consulting services for EV implementation strategies., Ltd., enabling the company to promote carbon neutrality through electric vehicles. The investment will support the development of new products aimed at enhancing EV infrastructure and operational efficiency. REXEV plans to expand its services into additional markets in Asia and Europe by the end of 2024, targeting regions with developing EV infrastructure to further its mission.

Who invested in REXEV Co.

12 investors across 3 rounds

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Funding rounds

  1. Series B

    Jul 20, 2022

    Amount

    $1.5M

    Investors

    Locked

  2. Series B

    Oct 13, 2021

    Amount

    $5.6M

    Investors

    Locked

  3. Series A

    Dec 21, 2020

    Amount

    $7.2M

    Investors

    Locked

Questions about REXEV Co.

Who invested in REXEV Co.?

REXEV Co. has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has REXEV Co. raised?

REXEV Co. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did REXEV Co. last raise money?

REXEV Co.'s most recent round on record is a Series B, in Jul 2022.

What does REXEV Co. do?

REXEV Co. is a transportation services company.

Where is REXEV Co. headquartered?

REXEV Co. is headquartered in Tokyo, Japan.

Which VCs invest in companies like REXEV Co.?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back transportation services companies at REXEV Co.'s stage. Their profiles are linked below.

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