Ev2 Ventures

Ev2 Ventures is a venture capital firm focused on investing in innovative companies operating within the smart mobility and transportation technology ecosystem.

Karann Mittal

Partner

Past deals in Electric Vehicle

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Alt Mobility

Debt Financing in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Swapp Design

Pre Seed Round in 2023
Swapp Design is a company specializing in the development of an autonomous battery-swapping solution for electric four-wheelers in India. They aim to accelerate the adoption of electric vehicles by providing a smart Backup as a Service (BaaS) solution, featuring interoperable and flexible architecture for quick battery changing using autonomous robots, known as SwappBots.

Simactricals

Pre Seed Round in 2023
Simactricals is a technology company specializing in electric vehicle (EV) mobility infrastructure. It focuses on high voltage electrical engineering and develops wireless charging solutions for EVs using coupled electromagnetic resonance technology. The company's primary business is operating industry-grade wireless charging infrastructure, making it convenient for businesses and consumers to charge EVs and reduce their carbon footprint.

EVeez

Seed Round in 2022
EVeez specializes in electric vehicle subscription services, focusing on two-wheeler rentals for commuting, deliveries, and campus mobility. It aims to facilitate cost-effective and eco-friendly last-mile mobility solutions.

Euler Motors

Series A in 2021
Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.

Alt Mobility

Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.
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