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
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Website evar.co.kr
- Social LinkedIn X YouTube
- Legal Name Evar Corp.
- Total Equity Funding$16M (USD)
in 2 rounds
- Latest Funding Round$16M (USD), Series B
Jul 2023
- InvestorsORIX
& 5 more
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.
Apps and channels of EVAR
its YouTube channel EVAR has 533 subscribers and 18 videos.
Videos from EVAR
The most watched videos on EVAR's YouTube channel, EVAR (533 subscribers). Click a video to play it here.
More on EVAR.
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.
- Total Funding $16M
- Total Rounds 2
- Last Round Series B — $16M
- Investors Count 6
All 2 funding rounds of EVAR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $16M | Series B | – | SBI Investment, DSC Investment | – |
| Oct 2019 | – | Seed | – | NAVER D2 Startup Factory | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funds are managed to support unlisted companies' growth. | – | sbinvestment.co.jp | Minato City, Japan | |
Early-stage venture capital is invested primarily in South Korean startups. | 2012 | dscinvestment.com | Seoul, South Korea | |
No specific activity is described for this entity. | – | envisioning.partners | - | |
Tech startups are accelerated via focused incubation programs. | – | d2startup.com | Seoul, South Korea | |
Manufacturer of solar cells, modules, and other related components | 1952 | hanwha.com | Seoul, South Korea | |
Provider of financial services | 1964 | orix.co.jp | Tokyo, Japan |
Investor details for EVAR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of EVAR
1 people are tracked at EVAR (1 in leadership).
| Name | Role | Group |
|---|---|---|
Lee Hun | CEO | Leadership |
Complete people profiles for EVAR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of EVAR
3 dated milestones of EVAR across 5 years, from founding to its latest funding, stage changes and deals.
- Founded EVAR is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $16.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rocsys.com | 2017 | Delft, Netherlands | $42.73M | – | Provider of charging station automation solutions | |
| mob-energy.com | 2018 | Lyon, France | $27.45M | – | EV charging robots are developed for parking lots and analytics. | |
| xnergytech.com | 2018 | Singapore | – | – | Contactless charging technology for robots is provided. | |
| roviero.com | 2017 | San Jose, United States | $6.6M | 6 | AI-based robots for autonomous e-vehicle charging are developed. | |
| dazetechnology.com | 2016 | Bergamo, Italy | – | – | Intelligent conductive charging technology for electric vehicles is developed. | |
| sator.tech | 2020 | Hangzhou, China | – | – | AI-enabled robotic charging solutions for electric vehicles are provided. | |
| volterio.com | 2016 | Graz, Austria | – | – | Automated charging systems for electric vehicles are provided. | |
| vanixtechnologies.com | 2021 | Rupnagar, India | – | 18 | Developer of trackers,EV chargers, and controllers |
Detailed competitors of EVAR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of EVAR
The website of EVAR (evar.co.kr) receives about 4.3K visits a month.
- Monthly visits4.3K
▼ 12.6% vs previous month
Latest news on Evar
Complete news archive for EVAR
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to EVAR
10 companies that operate in the same segment as EVAR (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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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.
EVAR operates through Evar Corp..