AltMobility’s Post

We are thrilled to announce our reinvestment in our portfolio company, AltMobility, as part of their remarkable $10M funding round. This round saw participation from esteemed partners Eurazeo, Shell Ventures, Twynam, Ev2 Ventures and LetsVenture. Our journey with AltMobility began in 2022, and it has been nothing short of extraordinary. Over the past couple of years, they have achieved tremendous growth, demonstrating their potential to reshape the future of mobility. Looking ahead, the company is on a mission to expand their EV fleet to over 30,000 vehicles within the next two years, furthering their commitment to sustainable innovation. We are incredibly proud to stand by their side as they continue to revolutionize the EV ecosystem. Wishing Team AltMobility continued success as they drive forward into a greener and more sustainable future. #PitchRightVentures #AltMobility #SustainableMobility #ElectricVehicles #Innovation #CleanTech #GreenFuture #VentureCapital #ImpactInvestment #EVRevolution #FutureOfTransport

AltMobility Closes USD 10 Million Funding Round Backed by Eurazeo and Shell Ventures https://lnkd.in/gYMt--Vw Twynam Ev2 Ventures Dev Arora Ernest X. Julien Mialaret #electricvehicles #emobility #EV #greenmobility #sustainabletransportation #sustainablemobility #cleanmobility #EVindustry #EVadoption #investors EVolution Auto India

The electric revolution is charging ahead! ⚡ AltMobility, India’s leading commercial EV leasing and asset management platform, has raised $10 million in Series A funding led by Eurazeo, with participation from Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. Here’s what this means: Fleet Expansion: Scaling to 30,000 vehicles by March 2026. Growth in AUM: Managing assets worth ₹800 crore over 18 months. Tech Investments: Advancing battery standardization and digital asset management platforms. Innovative Solutions: Launching “drive-to-own” models, leasing for light commercial vehicles, and Battery-as-a-Service (BaaS) for second-life EVs. With a current fleet of 10,000 EVs across 20 cities, ALT Mobility is transforming India’s EV ecosystem by offering low-cost, high-uptime solutions that integrate leasing, charging, and real-time monitoring. 🚗💡 💬 “Alt Mobility’s operational leasing model addresses the urgent need for accessible, sustainable transportation in India,” said the team at Eurazeo. This incredible journey, led by Dev Arora (CEO) showcases the power of innovative leadership in creating a sustainable future. 🌍 #ElectricVehicles #GreenFuture #StartupIndia #Sustainability #AltMobility

AltMobility, a commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in its Series A funding round. The round was led by Eurazeo, a prominent European venture capital and private equity fund. Other investors included Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. The company plans to use the fresh funding to scale its operations, expand its fleet, and strengthen its ecosystem integrations. Founded in 2022, the company offers innovative leasing solutions and technology platforms that help fleet operators optimize operations, reduce costs, and transition seamlessly to EVs. Read more at: https://lnkd.in/gCu2n-eN Dev Arora Manas Arora Harsh Dev Goyal #ev #electricvehicle #funding #investment #startupnews #startupstory

AMPECO raises $26 million in its second round of investor funding 👉 https://lnkd.in/enHiNTDQ This round of funding was led by technology investors Revaia, while supported by AMPECO’s existing investors such as Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. #ElectricDrives | #ElectricVehicles | #EV | #Emobility | #Sustainability | #EVCharging | #EVIndustry | #AMPECO | #AutomotiveIndustry Alex Petkov Glenn L'Heveder Petar Georgiev Kristina Dimova

⚡ ANNOUNCEMENT ⚡ 🎉 We are delighted to share that AMPECO has raised $26 million in Series B funding led by Revaia and with continued support from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures! This marks a pivotal moment in AMPECO's growth, bringing our total funding to $42M since 2019. As we now serve 160+ clients across 60 markets and connect 120,000+ charging points, the new capital will accelerate our product innovation and expand our presence globally, further solidifying our position as the platform of choice for large-scale EV charging operators. "This investment is a testament to the hard work of our team and the trust our clients place in us," said ⚡ Orlin RadEV ⚡ Radev, CEO of AMPECO. "We're poised to further drive innovation in EV charging management software, helping our clients build and scale robust charging networks that will accelerate the global transition to electric mobility." "We are thrilled to lead AMPECO's Series B and partner with a company that is at the forefront of powering the future of electric mobility," said Morgan Kessous, Partner at Revaia. "AMPECO plays a crucial role in scaling EV infrastructures globally." 🌐 This investment will drive our growth in Western Europe, Nordics, the UK, North America, and Southeast Asia while enhancing our platform capabilities and growing our team. Read the full announcement: https://lnkd.in/dQT4nxgp #SeriesB #Investment #Funding #VentureCapital #EVCharging #eMobility

AltMobility, a commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in its Series A funding round. The round was led by Eurazeo, a prominent European venture capital and private equity fund. Other investors included Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. The company plans to use the fresh funding to scale its operations, expand its fleet, and strengthen its ecosystem integrations. Founded in 2022, the company offers innovative leasing solutions and technology platforms that help fleet operators optimize operations, reduce costs, and transition seamlessly to EVs. Read more at: https://lnkd.in/gCu2n-eN Dev Arora Manas Arora Harsh Dev Goyal #ev #electricvehicle #funding #investment #startupnews #startupstory

🎉 Proud to share some incredible news from our AMPECO journey! We've secured $26 million in Series B funding, led by Revaia, with continued support from Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This milestone feels particularly special as it validates our mission and our clients' trust in us. 🚀 What makes this achievement remarkable isn't just the numbers—though powering 120,000+ charging stations across 60+ markets is no small feat—but the impact we're making in accelerating the global transition to sustainable mobility. 🤘 Every day, we see inspiring stories of how our technology enables charging providers worldwide to build and scale their networks. Behind each success story is our team's unwavering commitment to innovation and our clients' trust in our vision. Immensely grateful to work alongside such an incredible team and proud of what we've built together. The future of mobility is electric, and AMPECO is leading the charge! ⚡ Learn more about our Series B funding in the first comment 👇 #SeriesB #Investment #Funding #VentureCapital #EVCharging #eMobility

AltMobility, an Indian company specializing in commercial EV leasing and management, has raised US$10 million in a series A funding round. The investment was led by Eurazeo, with participation from Shell Ventures, Twynam Earth Fund, and Ev2 Ventures. Alt Mobility currently manages a fleet of 10,000 EVs across 20 Indian cities. The company aims to expand this fleet to 30,000 vehicles by March 2026. https://lnkd.in/eMCG58zP

𝗔𝗹𝘁 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗦𝗲𝗰𝘂𝗿𝗲𝘀 $𝟭𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗦𝗰𝗮𝗹𝗲 𝗘𝗩 𝗟𝗲𝗮𝘀𝗶𝗻𝗴 𝗮𝗻𝗱 𝗙𝗹𝗲𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 AltMobility has raised $10 million in Series A funding led by Eurazeo, with support from 𝗦𝗵𝗲𝗹𝗹 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀, Twynam Earth Fund, and others. Here’s how this funding will transform India’s EV sector: Expanding its fleet from 10,000 to 30,000 vehicles by March 2026. Growing AUM to Rs 800 crores with a 4x increase in the next 18 months. Launching innovative solutions like Battery-as-a-Service and "drive-to-own" programs. Enhancing its digital asset management platform for seamless fleet operations. “This funding will unlock new markets and reduce the total cost of EV ownership,” says CEO Dev Arora. Read the full story here! 👉 https://lnkd.in/dyjhVmDX #AltMobility #Sustainability #EVFunding #FutureOfTransportation