BETA Technologies is an electric aerospace company focused on designing and developing electric aircraft and advanced flight control systems. The company aims to revolutionize transportation for goods and people through its innovative electric transportation system, which includes net-zero, all-electric aircraft. Additionally, BETA is creating a cross-country charging infrastructure to support various electric vehicles, along with training programs for pilots and maintenance personnel. This approach enables clients in cargo, passenger, and emergency response sectors to implement more efficient, cleaner, and faster transportation solutions. The company's commitment to clean aviation technology positions it as a leader in the transition towards sustainable air travel.
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.
Bird operates a micro-mobility platform that offers electric vehicle-sharing services, aiming to provide affordable and sustainable transportation solutions to communities worldwide. The platform enables users to create profiles, facilitating the sharing of personal electric vehicles, including electric bicycles. By coordinating with cities, Bird enhances access to environmentally friendly local transport, thereby contributing to the reduction of traffic congestion and promoting responsible alternatives to traditional motor vehicles.
Lime is a company focused on providing sustainable transportation solutions to address the first and last mile mobility challenges in urban areas. It offers an array of smart mobility options, including electric scooters and bikes, designed to be affordable and convenient for users while minimizing their carbon footprint. Lime collaborates with cities to deploy its fleet, which features electric kick-scooters and bikes equipped with GPS and self-activating locks, ensuring reliable access for riders. Through its services, Lime aims to encourage a shift in transportation behavior, promoting a greener future for urban mobility.
Rad Power Bikes LLC is a Seattle-based manufacturer of electric bicycles, established in 2015. The company specializes in designing and selling feature-rich e-bikes intended for both on and off-road use, focusing on comfort and utility. Rad Power Bikes operates a direct-to-consumer model, enabling customers to purchase their products online at competitive prices. In addition to electric bicycles, the company offers a range of accessories, including storage bags, fenders, racks, and safety products, as well as replacement parts such as batteries and tires. Rad Power Bikes is committed to making sustainable transportation accessible to a wide audience.
Since their founding in 2011, ESS has been focused on laying the groundwork for a future powered by clean and reliable energy. With a team that boasts decades of experience in distributed power generation and energy storage technologies, ESS has developed an extremely cost-effective energy management system that combines a safe, abundant and non-toxic iron electrolyte with their patented flow cell design. This combination of high performance with low cost means that ESS’s technology is ideally suited for applications that range in size from retail energy management to utility-scale renewables integration.
Volta Charging is a company that focuses on the design, installation, and maintenance of electric vehicle charging stations across the United States. Founded in 2010 and headquartered in San Francisco, it operates a network of charging stations funded by sponsor brands, which allows it to provide a valuable amenity to communities. By strategically placing charging stations in high-traffic areas, Volta Charging helps facilitate the transition from traditional combustion-powered vehicles to electric vehicles. This approach not only benefits consumers by providing convenient access to charging but also serves the commercial interests of site hosts and partners by enhancing their engagement with customers at crucial decision-making moments.
Joby Aviation, LLC is an electric mobility company focused on developing fully electric vertical take-off and landing aircraft aimed at transforming air transportation. Founded in 2009 and based in Santa Cruz, California, the company specializes in creating a 5-seat aircraft that utilizes advanced electric propulsion technology. Joby Aviation emphasizes innovative design through its expertise in composite airframe fabrication, aerodynamic analysis, high-performance electric motor development, and state-of-the-art battery pack design. The company's mission is to provide a safe, quiet, fast, and affordable air-transportation service, contributing to a significant shift in personal mobility.
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.
Lucid Motors Inc. is an electric vehicle manufacturer based in Menlo Park, California, with a manufacturing facility in Casa Grande, Arizona. Founded in 2007 and initially known as Atieva, Inc., the company rebranded to Lucid Motors in 2016. Lucid Motors aims to enhance the driving experience by creating vehicles that prioritize performance, space, and intelligence. The company emphasizes intuitive design and user experience, striving to redefine mobility by focusing on the individual needs of drivers. To support its electric car production, Lucid Motors has established strategic partnerships with prominent battery manufacturers Samsung SDI and LG Chem.
Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
HYZON Motors Inc manufactures hydrogen-powered trucks and buses. It offers city and coach buses, medium duty trucks, and heavy duty trucks. The company was founded in 2020 and is based in Honeoye Falls, New York.
FREYR AS is a Norwegian company based in Mo i Rana that specializes in the production and sale of lithium-ion battery cells for electric vehicles and energy storage. The company aims to offer clean battery solutions with high density and competitive pricing while maintaining a reduced carbon footprint. In addition to its core focus on electric mobility and stationary energy storage, FREYR is exploring opportunities in marine transportation and aviation markets. The company also operates a 600 MW wind park in Norway, supporting its commitment to renewable energy and sustainability.
Private Equity Round in 2021
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities. It was founded in 2009 and is located in Mountain View, California.
Proterra Inc. designs and manufactures zero-emission electric buses, specializing in heavy-duty vehicles that enable fleet operators to reduce operating costs and eliminate fossil fuel dependency. The company’s product lineup includes 35-foot and 40-foot Catalyst transit vehicles, which are built to meet the diverse mileage needs of urban and regional routes on a single charge. Proterra also provides a range of services, including pre-delivery consultations, training programs, mid-life inspections, and battery management services. Their offerings extend to energy services such as fleet planning, charging infrastructure, and telematics. Founded in 2004 and headquartered in Burlingame, California, Proterra has additional offices in South Carolina and California, and its products are designed, engineered, and manufactured in the United States. By helping customers transition to battery-electric transit solutions, Proterra has contributed to significant reductions in greenhouse gas emissions and fuel consumption.
BETA Technologies is an electric aerospace company focused on designing and developing electric aircraft and advanced flight control systems. The company aims to revolutionize transportation for goods and people through its innovative electric transportation system, which includes net-zero, all-electric aircraft. Additionally, BETA is creating a cross-country charging infrastructure to support various electric vehicles, along with training programs for pilots and maintenance personnel. This approach enables clients in cargo, passenger, and emergency response sectors to implement more efficient, cleaner, and faster transportation solutions. The company's commitment to clean aviation technology positions it as a leader in the transition towards sustainable air travel.
Arrival Limited is a technology company based in London that specializes in manufacturing electric vehicles. Founded in 2015, the company focuses on developing software, materials, components, and scalable skateboard platforms, which serve as the foundation for its electric vehicles. Arrival's innovative approach includes the use of micro-factories, enabling efficient production and adaptation to various mobility ecosystems while minimizing capital expenditure. This model allows the company to produce zero-emission vehicles tailored to the needs of urban environments and aims to enhance public transportation through intelligent design. In addition to its headquarters in the United Kingdom, Arrival operates offices in Germany, the Netherlands, Israel, Russia, and the United States.
Enevate Corporation specializes in the development of silicon-dominant lithium-ion batteries, focusing on advanced technologies that enhance the performance of electric vehicles (EVs). The company’s HD-Energy and XFC-Energy technologies enable ultrafast charging, achieving a full charge in just five minutes, while also providing high energy density and low-temperature functionality. Enevate's batteries are designed for compatibility with various devices, including smartphones, ultrathin laptops, wearables, drones, and electric vehicles, thereby facilitating the rapid adoption of EVs by mimicking the refueling experience of gas-powered cars. Founded in 2005 and headquartered in Irvine, California, Enevate has amassed a substantial portfolio of over 250 patents and has attracted significant investment from notable firms such as Renault-Nissan-Mitsubishi, LG Chem, and Samsung, raising over $110 million to date.
Rad Power Bikes LLC is a Seattle-based manufacturer of electric bicycles, established in 2015. The company specializes in designing and selling feature-rich e-bikes intended for both on and off-road use, focusing on comfort and utility. Rad Power Bikes operates a direct-to-consumer model, enabling customers to purchase their products online at competitive prices. In addition to electric bicycles, the company offers a range of accessories, including storage bags, fenders, racks, and safety products, as well as replacement parts such as batteries and tires. Rad Power Bikes is committed to making sustainable transportation accessible to a wide audience.
Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
QuantumScape is a renewable energy company focused on advancing solid-state battery technology to enhance the performance and range of electric vehicles. Founded in 2010 by Jagdeep Singh in San Jose, California, the company aims to transform the battery industry by creating a solid-state battery that offers significantly higher energy storage capacity compared to traditional batteries. QuantumScape is developing next-generation solid-state lithium-metal batteries, featuring an innovative anode-less cell design that improves energy density while reducing material costs and streamlining manufacturing processes. Through these advancements, QuantumScape seeks to facilitate the widespread adoption of electric vehicles.
Lordstown Motors Corporation is an American automobile manufacturer of electric vehicles.Lordstown Motors is completing the engineering and development of the first full-electric pickup truck.
Private Equity Round in 2020
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
Nikola Motor Company, a subsidiary of Nikola Corporation, is focused on transforming the transportation industry through the development of zero-emission vehicles. Founded in 2014 and based in Salt Lake City, Utah, the company designs and manufactures battery-electric and hydrogen-electric vehicles, along with electric powertrains and vehicle components. In addition to its vehicle offerings, Nikola also creates energy storage systems and infrastructure for hydrogen fueling stations, aiming to provide comprehensive solutions for sustainable transportation. With a commitment to reducing emissions across the energy production and consumption spectrum, Nikola Motor Company seeks to disrupt the industry on a global scale.
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities. It was founded in 2009 and is located in Mountain View, California.
ACV Auctions, Inc. is a wholesale automotive auction company that operates a mobile platform designed for used-car dealers. Founded in 2014 and headquartered in Buffalo, New York, ACV enables dealers to view, bid on, and purchase car inventory through online auctions. The platform facilitates dealer-to-dealer transactions by allowing users to select desired vehicles and receive alerts on their mobile devices when specific cars become available. Additionally, ACV provides a pricing application for franchise dealers and acts as a closing tool for wholesale buyers to bid on vehicles. This innovative marketplace streamlines the buying and selling process within the automotive industry.
Lime is a company focused on providing sustainable transportation solutions to address the first and last mile mobility challenges in urban areas. It offers an array of smart mobility options, including electric scooters and bikes, designed to be affordable and convenient for users while minimizing their carbon footprint. Lime collaborates with cities to deploy its fleet, which features electric kick-scooters and bikes equipped with GPS and self-activating locks, ensuring reliable access for riders. Through its services, Lime aims to encourage a shift in transportation behavior, promoting a greener future for urban mobility.
Private Equity Round in 2013
Mobileye is a global leader in developing computer vision and machine learning technologies for advanced driver assistance systems (ADAS) and autonomous driving. Founded in 1999, the company aims to enhance road safety and reduce traffic congestion through its innovative vision-safety technology. With a team of over 1,700 employees, Mobileye has created a range of software products that operate on its proprietary EyeQ® computer chips. The company is a prominent supplier of ADAS software, collaborating with more than 25 major automakers. Mobileye's technology has evolved to encompass the essential components of autonomous driving, including sensing, mapping, and driving policy. It is actively engaged in developing production-ready fully autonomous vehicles in partnership with leading companies. Additionally, Mobileye is working on launching a commercial Mobility-as-a-Service offering, with initial plans set for Tel Aviv. Its comprehensive portfolio of software and hardware solutions positions Mobileye at the forefront of the future of transportation.