In a significant advancement for the electric vehicle (EV) landscape, DeepDrive, a cutting-edge electric motor technology company, has successfully raised €30 million in a Series B funding round. This round was spearheaded by Leitmotif, an independent venture capital firm dedicated to decarbonization efforts across the U.S. and Europe, with notable participation from existing investors including…
Belgian e-bike trailblazer Cowboy has successfully raised €5 million in a recent funding round, a strategic move aimed at accelerating its growth and steering the company towards profitability by 2025. This latest financial boost signals renewed confidence in the e-bike sector, despite the industry’s recent turbulence. Cowboy’s CEO and co-founder, Adrien Roose, lauded the funding…
In a pivotal move for sustainable transport, Polish firm MMI has secured €7.7 million from the Vinci S.A. fund. This substantial investment will drive MMI’s ambitious plan to transform public transport with a new range of electric and hydrogen-powered minibuses. With this funding, MMI aims to expand its product lineup, enhance technological capabilities, and significantly…
Wallbox a trailblazer in smart electric vehicle (EV) charging and energy management solutions, has announced a significant strategic investment of $45 million. This round of funding is spearheaded by Generac Power Systems, Inc. (NYSE: GNRC), a prominent global player in energy technology, which contributes $35 million to this substantial investment. This latest infusion of capital…
