About Evolito
Evolito is a company based in Bicester (United Kingdom) founded in 2021.. Evolito has completed 1 acquisition, including Electroflight. Evolito offers products and services including Axial Flux Motors, Motor Controller Units, and Battery Solutions. Evolito operates in a competitive market with competitors including Vertical Aerospace, Qdot, LYTE Aviation, Autonomous Flight and Bellwether Industries, among others.
- Headquarter Bicester, United Kingdom
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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- Legal Name Evolito Ltd
- Date of Incorporation 13 Apr, 2018
- Jurisdiction BICESTER, ENGLAND
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of Evolito
Evolito offers a comprehensive portfolio of products and services, including Axial Flux Motors, Motor Controller Units, and Battery Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Compact, high-torque motors for aviation propulsion applications.
Systems for seamless integration with electric motors in aircraft.
Technologies for rapid development of energy storage systems.
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Funding Insights of Evolito
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Evolito
Evolito has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Electroflight. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric aircraft are designed and developed by Electroflight.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evolito
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evolito Comparisons
Competitors of Evolito
Evolito 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 Vertical Aerospace, Qdot, LYTE Aviation, Autonomous Flight and Bellwether Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Aerospace engineering and design services are provided globally.
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Cooling systems for extreme thermal environments are designed and fabricated.
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Manufactures high-quality electric vertical takeoff and landing (e-VTOL) aircraft for advanced mobility.
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Electric VTOL aircraft are developed using advanced eVTOL technology.
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| domain | founded_year | HQ Location |
Creates advanced aircraft for urban transportation and emergency services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evolito
Frequently Asked Questions about Evolito
When was Evolito founded?
Evolito was founded in 2021.
Where is Evolito located?
Evolito is headquartered in Bicester, United Kingdom. It is registered at Bicester, Oxfordshire, United Kingdom.
Who is the current CEO of Evolito?
Chris Harris is the current CEO of Evolito.
What does Evolito do?
Developer of electric aircraft. It allows users to design and manufacture electric motors and controllers for aerospace applications. It focuses on enabling the business case for electric vertical takeoff and landing aircraft and electrified general aviation.
Who are the top competitors of Evolito?
Evolito's top competitors include Vertical Aerospace, Qdot and Autonomous Flight.
What products or services does Evolito offer?
Evolito offers Axial Flux Motors, Motor Controller Units, and Battery Solutions.
How many acquisitions has Evolito made?
Evolito has made 1 acquisition, including Electroflight.