About Tevva
Tevva is a company based in Chelmsford (United Kingdom) founded in 2013 by Moria Bennett. Tevva has raised $173.21 million across 6 funding rounds from investors including Bharat Forge and Advanced Propulsion Centre UK. The company has 67 employees as of December 31, 2020. Tevva operates in a competitive market with competitors including Arrival, Volta Trucks, Oxa, Conigital and Bradshaw, among others.
- Headquarter Chelmsford, United Kingdom
- Employees 67 as on 31 Dec, 2020
- Founders Moria Bennett
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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 Tevva Motors Limited
- Date of Incorporation 21 Jan, 2013
- Jurisdiction TILBURY, ESSEX, ENGLAND
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Annual Revenue
$483.91 K (USD)-68as on Dec 31, 2020
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Net Profit
-$6.12 M (USD)39as on Dec 31, 2020
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EBITDA
-$6.1 M (USD)39as on Dec 31, 2020
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Total Equity Funding
$173.21 M (USD)
in 6 rounds
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Latest Funding Round
$52.16 M (USD), Series B
May 12, 2022
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Investors
Bharat Forge
& 1 more
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Employee Count
67
as on Dec 31, 2020
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People of Tevva
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Funding Insights of Tevva
Tevva has successfully raised a total of $173.21M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $52.16 million completed in May 2022. 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 Tevva
Tevva has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bharat Forge and Advanced Propulsion Centre UK.
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Venture capital is directed toward technology sectors by this firm.
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Technology-enabled automotive tools, forging, and machining materials are manufactured.
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Investor details for Tevva
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Investments & Acquisitions by Tevva
Investment portfolio details for Tevva
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Financial Statements - Tevva
Detailed financials for Tevva
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Tevva Comparisons
Peer comparison for Tevva
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Competitors of Tevva
Tevva 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 Arrival, Volta Trucks, Oxa, Conigital and Bradshaw, among others.
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Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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Electric trucks with sustainable features are developed by Volta Trucks.
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Online platform offering autonomy software for self-driving vehicles
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AI-enabled platforms for autonomous vehicles and mobility management are provided.
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Commercial electric vehicles are manufactured for diverse sectors.
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Detailed competitors of Tevva
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Latest news on Tevva
Complete news archive for Tevva
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Frequently Asked Questions about Tevva
Tevva was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Tevva is headquartered in Chelmsford, United Kingdom. It is registered at Chelmsford, England, United Kingdom.
Tevva is a funded company, having raised a total of $173.21M across 6 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Tevva is 67.
Annual revenue of Tevva is $483.91K as on Dec 31, 2020.
Tevva was founded in 2013 in Chelmsford, United Kingdom, focusing on the automotive sector. Electric and hydrogen trucks are designed and developed by the company, with operations centered on integrating advanced technologies such as dual motor systems and electronic braking systems. Vehicles are produced for commercial use, emphasizing sustainable transport solutions in the heavy-duty market. Leadership includes co-founder Moria Bennett.
Tevva has 2 investors. Key investors include Bharat Forge, and Advanced Propulsion Centre UK.