Auto|Mobility Investment Pulse Check - Issue #51 - Automobility
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13 Feb Auto|Mobility Investment Pulse Check – Issue #51

Posted at 12:24h in Newsletter by

Dec 7 – Jan 10

This issue highlights investors continuing to back startups in the EV market in India. Ola Electric picked up $53 million led by Temasek whereas Ultraviolette Automotive raised around $15 million from TVS and Zoho.

eLeapPower, a provider of a smart inverter system for EV charging, raised its Series A round to use its technology with a global Chinese automotive manufacturer.

Fast-charging battery startup StoreDot has raised $80M round led by VinFast.

In the micromobility space, the most competition is currently in the European e-scooter market. Voi raised another round as it is preparing to expand into new cities and for an IPO.

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