EVUM Motors GmbH

One for all.

General Information
Company Name
EVUM Motors GmbH
Founded Year
2017
Location (Offices)
Munchen, Germany +3
Founders / Decision Makers
Number of Employees
76
Industries
Manufacturing, Automotive
Funding Stage
Series B
Social Media

EVUM Motors GmbH - Company Profile

EVUM Motors GmbH is a Germany-based startup that has garnered significant attention with its compact all-electric commercial vehicle, the aCar. Founded in 2017, the company has emerged as a spin-off of a forward-thinking research project at the Technical University of Munich. Led by Martin Šoltés and Sascha Koberstaedt, the industrialisation of the aCar is now the focal point of a dedicated team, driven by the mission to turn their vision into reality.

The aCar boasts a noiseless and emission-free design, making it ideal for natural habitats, while its all-wheel drive capabilities make it a versatile off-road vehicle. With dimensions of 1.5 m wide and 1.99 m high, it also serves as an efficient commercial vehicle with a payload capacity of 1,000 kg. Notably, it doubles as a power source with an external socket providing up to 3 kW continuous power to operate electrical devices.

EVUM Motors secured a noteworthy €20.00M Series B investment on 19 December 2023, with backing from Bayern Kapital and Jolt Capital. Through this investment, the company is poised to further advance its manufacturing capabilities and strengthen its position in the automotive industry. With its innovative approach and strong investor support, EVUM Motors is well-positioned to make a significant impact in the electric commercial vehicle market.

Taxonomy: Electric Utility Vehicles, Off-Road Vehicles, Logistics Solutions, Emission-Free Vehicles, Commercial Electric Vehicles, Outdoor Mobility Solutions, Electric Power Source, Industrial Vehicles, Sustainable Transport Solutions

Funding Rounds & Investors of EVUM Motors GmbH (4)

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Funding Stage Amount No. Investors Investors Date
Series B €20.00M 2 19 Dec 2023
Debt Financing €5.00M 1 Unicredit Investment Banking, Munich 06 Jun 2023
Venture Round €20.00M 1 European Investment Bank 19 Sep 2022
Series A €12.00M 4 23 Sep 2020

Latest News of EVUM Motors GmbH

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No recent news or press coverage available for EVUM Motors GmbH.

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