About Tembo
Tembo is a company based in Eindhoven (Netherlands) founded in 2014 was acquired by Energy Holding Limited in August 2025. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Tembo has raised $10 million across 1 funding round from investors including VivoPower, Emirates Investment Authority and Energy Holding Limited. Tembo offers products and services including Tembo EUV, Tembo PUV (Jeepneys), Tembo Tusker, and Tembo Academy. Tembo operates in a competitive market with competitors including ULEMCo, pepper motion, ZEVx, Boson Motors and Revoy, among others.
- Headquarter Eindhoven, Netherlands
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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 Tembo E-Lv Bv
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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
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Apr 09, 2024
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Investors
VivoPower
& 2 more
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Employee Count
Not available
- Acquired by
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Products & Services of Tembo
Tembo offers a comprehensive portfolio of products and services, including Tembo EUV, Tembo PUV (Jeepneys), Tembo Tusker, and Tembo Academy.
Electric vehicles are designed for rugged off-road applications.
Electric jeepneys are built for sustainable public transport.
Robust electric vehicles are made for demanding terrains.
Training services are provided for electric vehicle operations.
Funding Insights of Tembo
Tembo has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in April 2024. 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 Tembo
Tembo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include VivoPower, Emirates Investment Authority and Energy Holding Limited.
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Manages and invests in diversified portfolios for UAE's long-term prosperity.
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Solar PV systems are installed for commercial and industrial clients.
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Investor details for Tembo
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Investments & Acquisitions by Tembo
Investment portfolio details for Tembo
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Financial Statements - Tembo
Detailed financials for Tembo
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- Profit trends
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Tembo Comparisons
Peer comparison for Tembo
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- Named peers
- Headcount comparison
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Competitors of Tembo
Tembo 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 ULEMCo, pepper motion, ZEVx, Boson Motors and Revoy, among others.
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Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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Electric conversion kits for commercial vehicles are provided.
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Fleet electrification solutions for mid-duty vehicles are provided.
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Smart electric commercial vehicles are manufactured by Boson Motors.
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Manufacturer of electric trucks
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Detailed competitors of Tembo
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Latest news on Tembo
Complete news archive for Tembo
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Frequently Asked Questions about Tembo
Tembo was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Tembo is headquartered in Eindhoven, Netherlands. It is registered at Eindhoven, Noord-brabant, Netherlands.
Tembo is a funded company, having raised a total of $10M across 1 funding round to date.
Tembo is established as a global leader in providing electric utility vehicles for off-road and ruggedized on-road applications. Solutions are offered for fleet owners in sectors such as mining, agriculture, energy utilities, defense, public transport, and humanitarian services. Fleet conversion or replacement with fully electric models is facilitated to support decarbonization efforts. Operations are conducted worldwide with partners in Asia, Australia, Africa, the Middle East, Europe, and North America. High-performance vehicles meeting stringent safety and quality standards are delivered for the most demanding outdoor environments.
Tembo's top competitors include ULEMCo, Boson Motors and pepper motion.
Tembo offers Tembo EUV, Tembo PUV (Jeepneys), Tembo Tusker, and Tembo Academy.
Tembo has 3 investors. Key investors include VivoPower, Emirates Investment Authority, and Energy Holding Limited.