Shell E4, established in 2017, is a Bengaluru-based accelerator focused on fostering clean technology and sustainability ventures. It invests in and supports startups working on solutions such as waste management, plastic circularity, carbon capture, and decarbonization technologies, aligning with Shell's broader commitment to a lower-carbon future.
Bumper is a payment platform tailored for car dealerships, focusing on a vehicle finance solution that aids drivers in managing repair and servicing costs. The company offers flexible payment options, allowing drivers to finance their repair expenses through interest-free installments. Bumper collaborates with accredited repair professionals to ensure quality service, while also simplifying the paperwork involved in the financing process. This approach enables drivers to efficiently handle the financial aspects of vehicle maintenance without the burden of high upfront costs.
TSING STANDARD
Series A in 2023
Tsing Standard specializes in the research, development, and manufacturing of test and validation equipment specifically designed for electric and intelligent connected vehicles. The company offers a comprehensive range of inspection solutions, including laboratory test verification, production line testing, and charging process detection. Tsing Standard also provides essential services such as after-sale testing and data services, catering to original equipment manufacturers (OEMs) and auto parts manufacturers. By enabling these businesses to verify the performance and reliability of their systems and components, the company plays a crucial role in ensuring production quality and facilitating effective maintenance processes. Headquartered in Beijing, China, Tsing Standard is committed to supporting the evolving needs of the electric vehicle industry.
DexMat
Seed Round in 2023
DexMat specializes in the production of Galvorn, a high-performance conductive carbon nanomaterial that surpasses traditional materials in strength, weight, and durability. Galvorn is ten times stronger than steel, half the weight of aluminum, and offers a flex life that is one hundred times greater than copper. This innovative material is designed to replace heavy and environmentally damaging metals across various industries, including sporting goods, e-textiles, electronics, energy, aerospace, and automotive sectors. DexMat manufactures Galvorn as fibers, yarns, films, and fabrics, providing a lightweight and flexible alternative to conventional metals. The company's commitment to sustainability is evident in its carbon-negative production processes, positioning Galvorn as a key player in reducing carbon emissions on a global scale.
Get Spiffy
Series C in 2023
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.
Aurora Hydrogen
Series A in 2022
Aurora Hydrogen is focused on advancing hydrogen production technology that leverages efficient microwave energy to create clean hydrogen. This innovative approach is designed to decarbonize transportation and industrial processes, allowing for significant reductions in carbon dioxide emissions. The technology is highly scalable, making it suitable for a range of applications from small fueling stations to large industrial setups. Notably, Aurora Hydrogen's production process does not generate carbon dioxide or consume water, positioning the company as a key player in efforts to mitigate climate change by potentially reducing global carbon dioxide emissions by over 500 million tonnes annually.
Statiq
Series A in 2022
Statiq is an electric vehicle charging network that allows customers to find the closest charging station, book a slot, and pay online. Statiq creates and aggregates its own smart EV chargers as well as other public EV chargers. Founded in the year 2020 by Akshit Bansal and Raghav Arora and is based in Gurgaon, Haryana, India.
Revel
Series B in 2022
Revel is a company focused on promoting electric vehicle (EV) adoption in urban environments through its all-electric rideshare service and a network of fast-charging stations. The company operates a fleet of easily recognizable blue, all-electric vehicles that provide a cleaner and safer rideshare experience. Revel emphasizes affordability, safety, and cleanliness, featuring vetted drivers and regularly detailed cars. Users can conveniently request rides via the Revel app, available on both iOS and Android platforms. Additionally, Revel offers shared electric mopeds, allowing customers to easily locate and book a ride through the mobile application, which also facilitates access to charging stations for immediate energy replenishment.
SpareIt
Seed Round in 2021
SpareIt is digitising the supply chain ecosystem in the automotive aftermarket. SpareIt® is empowering small and medium garages as well as suppliers in India through technology. Utilising proprietary technology, the company has built practical solutions for each stakeholder ranging from procurement, sales, logistics to credit. SpareIt®’s garages network is growing fast, and a large number of automotive brands are signing up to sell to the network. SpareIt® has also brought distinct advantages to the EV segment. It offers trained and certified EV technicians and is already working with EV manufacturers and enablers who are using SpareIt®’s garage network to service their EVs. The SpareIt platform is about making business easy in India, about making B2B commerce convenient and efficient. It connects workshops with distributors and manufacturers who sell more than 30 lakh spares ranging across categories in the automotive aftermarket. SpareIt® has been able to tech-enable an inefficient and opaque ecosystem in the automotive aftermarket supply chain. Our solution is a SaaS + Multilingual + AI + Vernacular Voice to Text Search/Input platform. It is modular in nature which means that workshops or any other player in the ecosystem can plug and play the module that suits them the best.
Get Spiffy
Venture Round in 2021
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.
Humn.ai
Series A in 2021
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.
Ample
Series C in 2021
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.
Ravin AI
Series A in 2021
Ravin AI Limited is a London-based company founded in 2018, specializing in developing artificial intelligence-powered software for vehicle inspection and management. The platform utilizes computer vision and machine learning to autonomously inspect vehicles using standard mobile or stationary cameras, facilitating damage detection and analysis without the need for specialized equipment. Ravin AI's solutions cater to various sectors, including fleet tracking, insurance claim processing, and used car sales, helping fleet owners, insurance processors, and dealerships generate accurate vehicle condition reports and streamline claims. By enhancing trust in car rentals, sharing, and sales, Ravin AI aims to improve operational efficiency and reduce inspection costs for its clients.
Humn.ai
Seed Round in 2021
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.
Envoy Technologies
Series A in 2020
Envoy Technologies Inc. offers electric vehicle-sharing services tailored for multifamily residences, workplaces, and hotels. The company provides a range of vehicles, including luxury cars and two-wheelers, alongside essential services such as fleet insurance, customer support, fleet maintenance, on-site car washing, charging station installation, and staff training. Envoy aims to enhance tenant and guest experiences by integrating Mobility as an Amenity™ into properties, allowing users to reserve and access vehicles through a mobile app. The company operates in California and New York, serving locations such as apartments, student housing, office campuses, co-working spaces, hotels, and municipalities. Founded in 2016 and headquartered in Culver City, California, Envoy Technologies combines innovative technology with robust analytics to implement private and dedicated auto-sharing solutions for various communities.
Drover
Series B in 2020
Drover Limited operates an online mobility-as-a-service platform that offers monthly, all-in car subscriptions to customers and private hire drivers, providing a flexible alternative to traditional car leasing, hiring, and purchasing. Founded in 2015 and based in London, the company enables users to keep, swap, cancel, or upgrade their vehicles as needed. Drover's platform connects customers with fleet partners, facilitating effective monetization of vehicle inventory through a comprehensive listings and fleet management interface. The technology includes features such as telematics integration, predictive maintenance, and electronic driver onboarding, along with a payments and invoicing engine and insurance coverage for each booking. Through its website and mobile application, Drover simplifies access to vehicles for both drivers and vehicle suppliers.
Get Spiffy
Venture Round in 2020
Get Spiffy, Inc. is a mobile service company based in Durham, North Carolina, that specializes in on-demand car washing, detailing, nano-ceramic coating, and oil change services. Founded in 2014, the company utilizes a smartphone application that facilitates both communication and payment for its services. Get Spiffy emphasizes environmental responsibility, ensuring that all car washes are eco-friendly. Through its innovative approach, the company aims to provide convenient and efficient automotive care to customers in the Triangle area and beyond.
Energos
Pre Seed Round in 2020
Energos develops a unified platform and edge AI for managing EV charging infrastructure and microgrids. The company's platform enables seamless integration with various electric vehicle chargers, storage systems, PV systems, HVAC, and other technologies. This allows retailers such as fuel service stations, convenience stores, EV charging and battery swap stations, hydrogen and CNG stations, and utilities to establish and manage multiple energy choices for EV car owners.
Commutec
Pre Seed Round in 2020
Commutec specializes in employee transportation solutions by leveraging technology to enhance the efficiency and safety of shared transport options. The company provides a comprehensive software-as-a-service platform known as Commutec PRo, which automates the entire transport management process. This solution allows businesses to optimize vehicle capacity, utilize real-time GPS tracking, and receive timely updates through SMS. By employing patented routing algorithms, Commutec PRo facilitates effective route planning while offering analytics and management reporting for better decision-making. The platform aims to reduce costs, mitigate financial and security risks, and lower carbon footprints, giving employers complete control and visibility over their transportation operations in real-time.
Aurora
Series B in 2019
Aurora is a self-driving vehicle company providing a platform that brings software and data services to operate passenger vehicles. To move both people and goods, the company develops Aurora Driver, a platform that brings together software, hardware, and data services to operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. Aurora is backed by Amazon and Sequoia, among others, and partners with industry leaders including Toyota, Uber, Volvo, and Paccar. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI.
Ravin AI
Seed Round in 2019
Ravin AI Limited is a London-based company founded in 2018, specializing in developing artificial intelligence-powered software for vehicle inspection and management. The platform utilizes computer vision and machine learning to autonomously inspect vehicles using standard mobile or stationary cameras, facilitating damage detection and analysis without the need for specialized equipment. Ravin AI's solutions cater to various sectors, including fleet tracking, insurance claim processing, and used car sales, helping fleet owners, insurance processors, and dealerships generate accurate vehicle condition reports and streamline claims. By enhancing trust in car rentals, sharing, and sales, Ravin AI aims to improve operational efficiency and reduce inspection costs for its clients.
TresMoto
Pre Seed Round in 2019
TresMoto specializes in providing comprehensive solutions for niche enterprise markets, particularly in micro delivery and bike rental services. The company designs and manufactures electric scooters equipped with features such as GPS, geofencing, remote demobilization, and ample storage space. TresMoto also focuses on creating smart motorcycles and a battery swapping infrastructure tailored for fleet and shared applications. Additionally, it offers a subscription model that encompasses all aspects of vehicle ownership, including insurance, maintenance, roadside assistance, and battery swapping services, thereby facilitating a seamless experience for dockless rental and micro-delivery service providers. With its innovative approach, TresMoto aims to enhance clean energy mobility in densely populated urban areas in India.
Ample
Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.
FixMyCar
Venture Round in 2018
FixMyCar is a UK based on-line car repair and servicing marketplace. Drivers nationwide benefit from receiving quotes from local garages and are able to compare on price and real customer feedback.
Openbay
Series A in 2018
Openbay, Inc. is a company that specializes in providing software-as-a-service (SaaS) solutions for the automotive care industry. Founded in 2011 and based in Cambridge, Massachusetts, Openbay operates an online marketplace that connects vehicle owners with automotive repair professionals. This platform allows users to find, compare, book, and pay for a wide range of vehicle maintenance and repair services, including air conditioning repairs, battery replacements, brake services, oil changes, and tire replacements, among others. The company collaborates with various service providers, including car dealerships, national chains, independent shops, and mobile mechanics. Openbay has received recognition for its innovative approach to making automotive services more accessible and cost-effective for consumers, attracting venture capital backing and media attention from prominent outlets.
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