AltMobility’s Post

AltMobility Closes USD 10 Million Funding Round Backed by Eurazeo and Shell Ventures https://lnkd.in/gYMt--Vw Twynam Ev2 Ventures Dev Arora Ernest X. Julien Mialaret #electricvehicles #emobility #EV #greenmobility #sustainabletransportation #sustainablemobility #cleanmobility #EVindustry #EVadoption #investors EVolution Auto India

We are thrilled to announce our reinvestment in our portfolio company, AltMobility, as part of their remarkable $10M funding round. This round saw participation from esteemed partners Eurazeo, Shell Ventures, Twynam, Ev2 Ventures and LetsVenture. Our journey with AltMobility began in 2022, and it has been nothing short of extraordinary. Over the past couple of years, they have achieved tremendous growth, demonstrating their potential to reshape the future of mobility. Looking ahead, the company is on a mission to expand their EV fleet to over 30,000 vehicles within the next two years, furthering their commitment to sustainable innovation. We are incredibly proud to stand by their side as they continue to revolutionize the EV ecosystem. Wishing Team AltMobility continued success as they drive forward into a greener and more sustainable future. #PitchRightVentures #AltMobility #SustainableMobility #ElectricVehicles #Innovation #CleanTech #GreenFuture #VentureCapital #ImpactInvestment #EVRevolution #FutureOfTransport

🚨 Alt Mobility bags $10M in Series A led by European VC Eurazeo AltMobility, a Delhi-based EV leasing and asset management startup, raised $10M in Series A funding led by Eurazeo, with participation from Shell Ventures and others. The funds will fuel the expansion of its fleet to 30,000 vehicles by 2026 and boost its digital asset management platform and battery tech standardization. Founded in 2021, Alt Mobility operates a 10,000-vehicle fleet across 20 cities, offering leasing, servicing, charging, and real-time monitoring. It plans to introduce Battery-as-a-Service (BaaS) and “drive-to-own” models, making EV ownership more accessible for drivers. 🚛⚡ Read more👇🏼 https://lnkd.in/g4u_HUz8 By Pooja Malik #EVRevolution #ElectricMobility #SustainableTransport

How often do you get to hear how the pitch between a VC firm and a successful startup went? Check out this clip with Battery Ventures and Weaviate to hear the "perfect pitch"!

The electric revolution is charging ahead! ⚡ AltMobility, India’s leading commercial EV leasing and asset management platform, has raised $10 million in Series A funding led by Eurazeo, with participation from Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. Here’s what this means: Fleet Expansion: Scaling to 30,000 vehicles by March 2026. Growth in AUM: Managing assets worth ₹800 crore over 18 months. Tech Investments: Advancing battery standardization and digital asset management platforms. Innovative Solutions: Launching “drive-to-own” models, leasing for light commercial vehicles, and Battery-as-a-Service (BaaS) for second-life EVs. With a current fleet of 10,000 EVs across 20 cities, ALT Mobility is transforming India’s EV ecosystem by offering low-cost, high-uptime solutions that integrate leasing, charging, and real-time monitoring. 🚗💡 💬 “Alt Mobility’s operational leasing model addresses the urgent need for accessible, sustainable transportation in India,” said the team at Eurazeo. This incredible journey, led by Dev Arora (CEO) showcases the power of innovative leadership in creating a sustainable future. 🌍 #ElectricVehicles #GreenFuture #StartupIndia #Sustainability #AltMobility

⚡ ANNOUNCEMENT ⚡ 🎉 We are delighted to share that AMPECO has raised $26 million in Series B funding led by Revaia and with continued support from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures! This marks a pivotal moment in AMPECO's growth, bringing our total funding to $42M since 2019. As we now serve 160+ clients across 60 markets and connect 120,000+ charging points, the new capital will accelerate our product innovation and expand our presence globally, further solidifying our position as the platform of choice for large-scale EV charging operators. "This investment is a testament to the hard work of our team and the trust our clients place in us," said ⚡ Orlin RadEV ⚡ Radev, CEO of AMPECO. "We're poised to further drive innovation in EV charging management software, helping our clients build and scale robust charging networks that will accelerate the global transition to electric mobility." "We are thrilled to lead AMPECO's Series B and partner with a company that is at the forefront of powering the future of electric mobility," said Morgan Kessous, Partner at Revaia. "AMPECO plays a crucial role in scaling EV infrastructures globally." 🌐 This investment will drive our growth in Western Europe, Nordics, the UK, North America, and Southeast Asia while enhancing our platform capabilities and growing our team. Read the full announcement: https://lnkd.in/dQT4nxgp #SeriesB #Investment #Funding #VentureCapital #EVCharging #eMobility

AltMobility, a commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in its Series A funding round. The round was led by Eurazeo, a prominent European venture capital and private equity fund. Other investors included Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. The company plans to use the fresh funding to scale its operations, expand its fleet, and strengthen its ecosystem integrations. Founded in 2022, the company offers innovative leasing solutions and technology platforms that help fleet operators optimize operations, reduce costs, and transition seamlessly to EVs. Read more at: https://lnkd.in/gCu2n-eN Dev Arora Manas Arora Harsh Dev Goyal #ev #electricvehicle #funding #investment #startupnews #startupstory

💰 Funding Alert 💰 AmpUp 💲 Amount Raised: $15M 🚀 Round: Series A 💡 Founded: 2024 👥 Founder: Tom Sun 🔍 Problem: Growing demand for electric vehicle (EV) infrastructure poses challenges, particularly in scaling reliable, efficient charging solutions. ✅ Solution: EV charging platform enhances port management and energy efficiency, delivering a 98.5% success rate for charging sessions. 🤝 Investors: Touchdown Ventures, Autotech Ventures, MUUS Climate Partners, Holman, The Goodyear Tire & Rubber Company, WEX Venture Capital Subscribe to our newsletter launching soon in the comments! 👇 #EVcharging #cleantech #sustainability #venturecapital #mobility

AMPECO raises $26 million in its second round of investor funding 👉 https://lnkd.in/enHiNTDQ This round of funding was led by technology investors Revaia, while supported by AMPECO’s existing investors such as Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. #ElectricDrives | #ElectricVehicles | #EV | #Emobility | #Sustainability | #EVCharging | #EVIndustry | #AMPECO | #AutomotiveIndustry Alex Petkov Glenn L'Heveder Petar Georgiev Kristina Dimova

You know that feeling when you're part of something bigger than yourself? 🙌 That's AMPECO—and today, we're getting even bigger! We're proud to share that we’ve secured $26 million in Series B funding, led by Revaia , with continued support from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. ⚡ It's incredible to see how our platform has become the backbone for 120,000+ charging stations and 160+ EV charging providers globally. Every line of code, every customer interaction, and every solution we develop is helping accelerate the transition to sustainable mobility across 60+ markets. Here's to charging ahead into an electric future! 🚀 #AMPECO #EVCharging #SeriesB #EVChargingFuture