Trucks Venture Capital

Founded in 2015, Trucks Venture Capital is a San Francisco-based early-stage venture capital firm focused on investing in companies operating within the future of transportation sector.

Reilly Brennan

General Partner

Puneeth Meruva

Partner

Kathyrn Shox

General Partner

Jason Townsend

CFO

Past deals in Electric Vehicle

Bingo Tech

Seed Round in 2025
A Shopify style marketplace for last-mile electric fleet needs. Looking to launch a fleet of electric vehicles? Bingo's solutions will enabled you to launch in a matter of weeks: select a vehicle from a wide selection of 2, 3 and 4-wheel options which can all run on the same battery, select battery swapping stations to keep your fleet charged, then launch & manage the entire operation with Bingo's turnkey white label software.

BasiGo

Series A in 2024
BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

Bedrock Materials

Seed Round in 2024
Bedrock Materials is a manufacturer specializing in sodium-ion battery materials aimed at transforming energy storage solutions. By pioneering innovative materials and production techniques, the company focuses on reducing the cost of electric vehicles through the commercialization of sodium-ion battery technology. Its electrode materials facilitate large-scale battery production, enabling manufacturers to create electric vehicles with extended ranges and reduced overall battery costs. Bedrock Materials is dedicated to advancing sustainable energy storage for a more environmentally friendly future.

Verne

Seed Round in 2024
Founded in 2020, Verne is a cleantech company based in Berkeley, California. It specializes in developing high-density, low-cost, and lightweight hydrogen storage systems optimized for heavy-duty trucks. Verne's innovative technology enables vehicle operators to maintain existing operations while meeting zero-emission targets.

Ionobell

Seed Round in 2024
Ionobell is a battery technology developer specializing in improving battery longevity and performance using eco-friendly materials. They focus on utilizing biomaterials, plastic waste, and recycled materials to create safe, abundant, and cost-effective batteries for electric vehicles and unmanned aerial vehicles.

River

Series B in 2024
River is an electric vehicle manufacturer focused on enhancing livelihoods through its products. The company specializes in producing high-quality mobility motor vehicles, specifically utility electric mopeds. These vehicles are designed to be economical and versatile, catering to a variety of needs including work, recreation, and everyday tasks. By offering affordable options, River aims to provide customers with reliable transportation solutions that facilitate both productivity and leisure.

May Mobility

Series D in 2023
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Faction

Seed Round in 2023
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

Treehouse

Series A in 2023
Treehouse is a venture-backed software-enabled home electrification startup focused on delivering turnkey EV charging solutions to EV buyers at the point of sale.

River

Series B in 2023
River is an electric vehicle manufacturer focused on enhancing livelihoods through its products. The company specializes in producing high-quality mobility motor vehicles, specifically utility electric mopeds. These vehicles are designed to be economical and versatile, catering to a variety of needs including work, recreation, and everyday tasks. By offering affordable options, River aims to provide customers with reliable transportation solutions that facilitate both productivity and leisure.

BasiGo

Seed Round in 2022
BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

Stable

Series A in 2022
Stable provides software solutions designed to assist electric vehicle (EV) fleets and charging providers in efficiently planning and managing their charging infrastructure. Founded in 2016 and based in San Francisco, the company offers a siting and forecasting platform that utilizes a proprietary machine learning model to predict site utilization and optimize the placement and sizing of charging stations. By consolidating essential data and insights, Stable enables customers to make informed decisions regarding the deployment of charging stations, ensuring that they are installed in locations where they are most needed.

Zitara Technologies

Series A in 2022
Founded in 2019, Zitara Technologies specializes in predictive battery management software for electric vehicle fleets. Its platform offers real-time operations and analytics, enhancing safety and extending battery lifespan.

Terraline

Seed Round in 2022
Terraline is a vehicle technology company focused on decarbonizing freight transport through a purpose-built heavy-duty battery-electric truck designed to eliminate CO2 emissions. It develops an autonomous electric freight solution that emphasizes aerodynamics and a long-range rechargeable battery to enable efficient, reliable operations, helping businesses transition to sustainable transportation while delivering cost savings and reduced environmental impact.

Taur

Seed Round in 2022
TAUR Technologies, founded in 2019 by Richard Adey and Carson Brown, is dedicated to transforming urban transport through the development of innovative electric scooters. Based in London, the company aims to make e-scooters a practical and stylish option for city travel, offering products that combine the stability of e-bikes with the portability of kick-scooters. With a team comprising experts from renowned companies such as Tesla and McLaren, TAUR focuses on delivering a superior user experience. The company gained recognition in January 2022 when it won a GOOD DESIGN® Award for its commitment to quality and design excellence.

Gatik

Series B in 2021
Gatik is a Mountain View, California-based startup that develops autonomous vehicle technology for B2B short-haul and middle-mile logistics. The company specializes in AI-powered software and autonomous hardware for light and medium-duty trucks and vans, enabling scheduled deliveries and streamlined supply-chain operations for commercial customers.

ChargerHelp!

Seed Round in 2021
ChargerHelp! provides an app-based dispatch and deployment platform that delivers on-demand repairs and maintenance for electric vehicle charging stations through trained local technicians. By coordinating field work at scale, it aims to address downtime across charging networks, improving efficiency, turnaround times, and network availability while reducing operating costs. The platform supports EV charging network operators in meeting service level requirements and winning new contracts as the fleet of charging stations expands. It connects manufacturers, network providers, and charge station resellers with maintenance service providers, enabling workforce realignment and development within the green economy.

Faction

Seed Round in 2021
Faction specializes in the development of driverless electric vehicles that combine the speed and performance of cars with the affordability of motorcycles. The company focuses on micro-delivery and ride-on-demand services, utilizing a model that integrates remote human supervision alongside autonomous technology. This approach allows Faction to bypass the limitations of fully autonomous systems, enabling quicker deployment of its services. The vehicles are designed with networked data capabilities, over-the-air software updates, and safety-critical autonomy features, ensuring a cost-effective and reliable driverless solution for clients. After completing its first prototypes, Faction is set to commence trials to further refine its offerings in the transportation sector.

River

Seed Round in 2021
River is an electric vehicle manufacturer focused on enhancing livelihoods through its products. The company specializes in producing high-quality mobility motor vehicles, specifically utility electric mopeds. These vehicles are designed to be economical and versatile, catering to a variety of needs including work, recreation, and everyday tasks. By offering affordable options, River aims to provide customers with reliable transportation solutions that facilitate both productivity and leisure.

Ionobell

Seed Round in 2020
Ionobell is a battery technology developer specializing in improving battery longevity and performance using eco-friendly materials. They focus on utilizing biomaterials, plastic waste, and recycled materials to create safe, abundant, and cost-effective batteries for electric vehicles and unmanned aerial vehicles.

Gatik

Seed Round in 2019
Gatik is a Mountain View, California-based startup that develops autonomous vehicle technology for B2B short-haul and middle-mile logistics. The company specializes in AI-powered software and autonomous hardware for light and medium-duty trucks and vans, enabling scheduled deliveries and streamlined supply-chain operations for commercial customers.

Joby Aviation

Series B in 2019
Founded in 2009, Joby Aviation is a pioneering electric mobility company based in Santa Cruz, California. The company specializes in developing fully electric vertical take-off and landing passenger aircraft optimized for air-transportation-as-a-service. Its flagship vehicle is a 5-seat aircraft designed to reduce urban congestion and accelerate the shift to sustainable modes of transit.

Drop Mobility

Seed Round in 2018
Drop Mobility is a company that specializes in providing urban micro-mobility solutions through a bike-sharing platform. It offers a comprehensive service that allows municipalities and operators to introduce, manage, and expand fleets of shared electric bicycles. The company's innovative technology facilitates the booking and rental of bikes, utilizing a secure locking system that operates independently of traditional key systems. By proving the benefits of shared electric micromobility in various North American markets, Drop Mobility aims to address pressing challenges related to climate change and urban mobility. With a focus on expanding its services to new communities, Drop Mobility is committed to transforming urban transport and enhancing the overall experience of city dwellers.

Skip Scooters

Series A in 2018
Skip Scooters operates shared electric scooters for reliable last-mile transportation. The company works with cities to ensure our fleets are operated with the support of the surrounding communities, and they stand behind their riders by providing vehicles, safety education, and training, and world-class support. The scooter rental company is based in San Francisco, California. It is formerly known by its Y Combinator codename, Waybots.

DeepScale

Series A in 2018
DeepScale develops perceptual system software for semi-autonomous and autonomous vehicles. It enables automakers to use industry-standard low-wattage processors, enhancing perception accuracy without requiring high-end hardware.

May Mobility

Seed Round in 2018
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Stable

Seed Round in 2017
Stable provides software solutions designed to assist electric vehicle (EV) fleets and charging providers in efficiently planning and managing their charging infrastructure. Founded in 2016 and based in San Francisco, the company offers a siting and forecasting platform that utilizes a proprietary machine learning model to predict site utilization and optimize the placement and sizing of charging stations. By consolidating essential data and insights, Stable enables customers to make informed decisions regarding the deployment of charging stations, ensuring that they are installed in locations where they are most needed.

Oryx Vision

Series B in 2017
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.

Joby Aviation

Series A in 2016
Founded in 2009, Joby Aviation is a pioneering electric mobility company based in Santa Cruz, California. The company specializes in developing fully electric vertical take-off and landing passenger aircraft optimized for air-transportation-as-a-service. Its flagship vehicle is a 5-seat aircraft designed to reduce urban congestion and accelerate the shift to sustainable modes of transit.

Oryx Vision

Series A in 2016
Oryx Vision, Ltd. is an Israeli company founded in 2009, specializing in the development of solid-state depth vision solutions for autonomous vehicles. The company has created innovative automotive LiDAR technology that utilizes microscopic light-sensing antennas, allowing for the generation of a 3D view of the surroundings. This technology simplifies autonomous driving by offering a system that operates akin to a digital camera while providing enhanced sensitivity and resistance to environmental interference. Oryx Vision's solutions are designed to meet the range and resolution requirements essential for fully autonomous driving, producing both range and velocity data for every point within its field of view.
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