About EVUM Motors
EVUM Motors is a company based in Munchen (Germany) founded in 2017 by Martin Soltes and Sascha Koberstaedt. EVUM Motors has raised $43.41 million across 5 funding rounds from investors including UniCredit, European Investment Bank and Jolt Capital. EVUM Motors offers products and services including Evum. EVUM Motors operates in a competitive market with competitors including Rivian, Telo Trucks, Lordstown Motors, Atlis Motor Vehicles and Bollinger Motors, among others.
- Headquarter Munchen, Germany
- Founders Martin Soltes, Sascha Koberstaedt
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Sectors
Transportation, Automotive & Logistics
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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 Evum Motors Gmbh
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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
$43.41 M (USD)
in 5 rounds
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Latest Funding Round
$21.9 M (USD), Series B
Dec 12, 2023
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Investors
UniCredit
& 6 more
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Employee Count
Not available
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Products & Services of EVUM Motors
EVUM Motors offers a comprehensive portfolio of products and services, including Evum.
Emission-free vehicle for transport, work, and energy needs.
People of EVUM Motors
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Funding Insights of EVUM Motors
EVUM Motors has successfully raised a total of $43.41M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $21.9 million completed in December 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 EVUM Motors
EVUM Motors has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include UniCredit, European Investment Bank and Jolt Capital.
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High-tech industries are targeted for investments by Bayern Kapital.
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Private equity firm focused on buyouts of tech-driven companies
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Finance and advisory services for infrastructure projects are provided.
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Investor details for EVUM Motors
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Investments & Acquisitions by EVUM Motors
Investment portfolio details for EVUM Motors
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Financial Statements - EVUM Motors
Detailed financials for EVUM Motors
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Evum Motors Comparisons
Peer comparison for EVUM Motors
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Competitors of EVUM Motors
EVUM Motors 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 Rivian, Telo Trucks, Lordstown Motors, Atlis Motor Vehicles and Bollinger Motors, among others.
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Off-road electric pickup trucks are manufactured for adventure use.
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Electric trucks are manufactured for urban employees and weekend adventurers.
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Electric pickup trucks are developed and manufactured by Lordstown Motors.
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Developer of electric pickup trucks
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Off-road and on-road sport utility trucks are developed.
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Detailed competitors of EVUM Motors
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Latest news on Evum Motors
Complete news archive for EVUM Motors
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Frequently Asked Questions about EVUM Motors
EVUM Motors was founded in 2017 and raised its 1st funding round 3 years after it was founded.
EVUM Motors is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
EVUM Motors is a funded company, having raised a total of $43.41M across 5 funding rounds to date.
EVUM Motors was founded in 2017 in Munich, Germany, as a dealer in the automotive sector. Operations are centered on a platform that facilitates vehicle bookings by requiring inputs such as location, user information, vehicle specifications, and payment details. The service supports transactions for various car models, with management handled by co-founders Martin Soltes and Sascha Koberstaedt. Focus remains on streamlined booking processes within the European market.
EVUM Motors's top competitors include Rivian, Telo Trucks and Lordstown Motors.
EVUM Motors offers Evum.
EVUM Motors has 7 investors. Key investors include UniCredit, European Investment Bank, Jolt Capital, Schabmüller Automobile Technology, and Bayern Kapital.