Electric Vehicles: venture funds and startups
Sector hub · Mobility
◆ Funds tracked
12
◆ Combined AUM
$1.8B
◆ Startups tracked
16
◆ Raised between them
$135.4M
◆ Overview
Fusion42 tracks 12 venture funds in Electric Vehicles with $1.8B in combined assets under management, and 16 startups that have raised $135.4M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.
Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.
◆ Highlights
Active funds in Electric Vehicles include Cypress Drive Ventures, Venture Capital Fund for Scheduled Castes (VCF-SC), Lotus One Investment, Aspire11 and Cerca Partners; startups in Electric Vehicles include PIT IN, Autobia, Voltaback, IVEX and MIRAVA. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Electric Vehicles, refreshed as new rounds and funds are announced.
◆ Funds in Electric Vehicles (12 tracked)
| Fund | Type | HQ |
|---|---|---|
| Cypress Drive Ventures | vc | Malaysia |
| Venture Capital Fund for Scheduled Castes (VCF-SC) | vc | India |
| Lotus One Investment | vc | Singapore |
| Aspire11 | vc | Czech Republic |
| Cerca Partners | vc | Israel |
| 100x100 Fund | accelerator | Singapore |
| Vireo Ventures | vc | Germany |
| VoLo Earth Ventures | vc | United States |
| ACTivate Capital Fund | vc | Australia |
| Theia Ventures Fund 1 | vc | India |
| Toyota Invention Partners | corporate vc | Japan |
| 3M Ventures | corporate vc | United States |
◆ Startups in Electric Vehicles (16 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| PIT IN | series-a | South Korea | $9.0M |
| Autobia | series-a | Saudi Arabia | $12M |
| Voltaback | seed | France | $3.1M |
| IVEX | series-a | Belgium | $5.8M |
| MIRAVA | angel | Hong Kong | $5M |
| Grounded | seed | United States | $5M |
| Lane | pre-seed | India | $0.1M |
| Sigvi | pre-seed | Lithuania | $1.3M |
| Aerion Motors | pre-seed | Indonesia | $0.6M |
| AlMkhtar | seed | Syria | $0.1M |
| Milo Drive | seed | India | $2.4M |
| Bidbus | series-a | United States | $15M |
| Aseon Labs | seed | United States | $10M |
| Foundation Alloy | series-a | United States | $22M |
| Layup Parts | series-a | United States | $42M |
| Leanwatts | seed | India | $2M |
◆ Recent Wire analysis
- Ninth Circuit Decertifies Tesla FSD Fraud Class Action18 Oct 2026
- Don't Weaken the China Auto Ban Legislation with Carveouts17 Oct 2026
- Mazda and Yazaki First Apply Co-Creation Results for Near-Site and Automated Wire ...16 Oct 2026
- Volkswagen prepares EV recall over battery issue — Electrek16 Oct 2026
- Volkswagen is recalling 'several thousand' EVs, including the ID.4, and not just in the US16 Oct 2026
- Tesla's Flying Roadster Fuels SpaceX Merger Speculation, But Analysts Question Earnings Impact16 Oct 2026
- German automaker Volkswagen plans to recall thousands of electric vehicles due to a battery defect16 Oct 2026
- This Week In Electric Vehicles - Charging Market Surge Fueled by Global Infrastructure Expansion16 Oct 2026
- Embedded Systems for Electric Vehicles Market Size, Share & Forecast 203616 Oct 2026
- Stellantis CEO: US EV shift will be gradual15 Oct 2026