About EVAR
EVAR is a company based in Seongnam-si (South Korea) founded in 2018. EVAR has raised $16 million across 2 funding rounds from investors including ORIX, Hanwha and DSC Investment. EVAR offers products and services including MooeV MOBILE EV CHARGER, DURA ACE, PRO PLUS ACE, PRO ACE, and PARKY SOLUTION. EVAR operates in a competitive market with competitors including ROCSYS, Mob-Energy, Xnergy, Roviero and Daze Technology, among others.
- Headquarter Seongnam-si, South Korea
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Evar Corp.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16 M (USD)
in 2 rounds
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Latest Funding Round
$16 M (USD), Series B
Jul 06, 2023
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Investors
ORIX
& 5 more
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Employee Count
Not available
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Products & Services of EVAR
EVAR offers a comprehensive portfolio of products and services, including MooeV MOBILE EV CHARGER, DURA ACE, PRO PLUS ACE, PRO ACE, and PARKY SOLUTION.
Portable device for convenient electric vehicle charging on the go.
Durable charging solution designed for reliable EV power needs.
Advanced charger offering enhanced performance for electric vehicles.
Efficient system for EV charging and management.
Platform for optimizing EV parking and charging processes.
Funding Insights of EVAR
EVAR has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in EVAR
EVAR has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include ORIX, Hanwha and DSC Investment.
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Early-stage venture capital is invested primarily in South Korean startups.
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Investor details for EVAR
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Investments & Acquisitions by EVAR
Investment portfolio details for EVAR
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Financial Statements - EVAR
Detailed financials for EVAR
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- Profit trends
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Evar Comparisons
Peer comparison for EVAR
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Competitors of EVAR
EVAR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ROCSYS, Mob-Energy, Xnergy, Roviero and Daze Technology, among others.
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Provider of charging station automation solutions
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EV charging robots are developed for parking lots and analytics.
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Contactless charging technology for robots is provided.
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AI-based robots for autonomous e-vehicle charging are developed.
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Intelligent conductive charging technology for electric vehicles is developed.
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Detailed competitors of EVAR
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Latest news on Evar
Complete news archive for EVAR
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Frequently Asked Questions about EVAR
EVAR was founded in 2018 and raised its 1st funding round 1 year after it was founded.
EVAR is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Lee Hun is the current CEO of EVAR.
EVAR is a funded company, having raised a total of $16M across 2 funding rounds to date.
EVAR was founded in 2018 and is located in Seongnam-si, South Korea. Mobile and stationary chargers for electric vehicles are designed and produced within the electric vehicle infrastructure sector. Portable units and fixed installations are offered to support charging needs. Operations emphasize the development of reliable charging technology, with a focus on efficiency for regional deployment. The company is led by CEO Lee Hun.
EVAR's top competitors include ROCSYS, Mob-Energy and Xnergy.
EVAR offers MooeV MOBILE EV CHARGER, DURA ACE, PRO PLUS ACE, PRO ACE, and PARKY SOLUTION.
EVAR has 6 investors. Key investors include ORIX, Hanwha, DSC Investment, SBI Investment, and Envisioning Partners.