FundedIQ
Transportation

Donut Lab: Funding, Investors & Team (Sep 2026)

Donut Lab offers all the necessary materials for constructing an electric vehicle and offers them to users. The Donut Platform offers a range of components that can be easily assembled to create an electric car efficiently and cost-effectively.

www.donutlab.com LinkedIn Helsinki, Finland 11-50 employees
Automotive Electric Vehicle B2B
Total raised
$29.4M
Rounds
1
Latest
Seed
Jul 2025

Donut Lab has raised $29.4M across 1 funding round on record, the most recent a Seed of $29.4M announced in Jul 2025.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

Donut Lab Company Profile and Key Stats

Total funding raised
$29.4M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$29.4M in Jul 2025
Employees
11-50
reported band
Headquarters
Helsinki, Finland

Latest funding round on record: Jul 2025.

Donut Lab Funding Rounds

Date
Round
Amount
Seed
$29.4M

Donut Lab Founders and Leadership Team

Name
Role
Contact
Marko Lehtimaki
Founder
Locked

Contact details for the Donut Lab team: 1 of 1 has an email address on file.

Start 14-day free trial →

Donut Lab Funding Compared to Other Transportation Startups

Segment
Companies
Median round
368
$5.2M
16,485
$3.1M

Donut Lab's latest round of $29.4M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Donut Lab in Transportation and Helsinki

Companies Similar to Donut Lab

Skand is a Nordic designer and producer of light electric vehicles that are suitable for all-year-round usage.

Undisclosed round $1.2M

Oorjaa provides efficient logistics solutions that are supported by advanced technology solutions, which…

Series A $1.0M

MPCC acquires and operates Feeder container vessels between 1,000 and 3,000 TEU. These vessels are essential…

Undisclosed round $10.8M

Flease provides a flexible long-term rental service to VSEs and SMEs.

Series A $14.8M

Acodyne is made for delivering cargo in difficult-to-reach locations for both military and commercial uses.…

Pre-Seed $2.9M

Capital Clean Energy Carriers Corp. is an international shipping company engaged in the seaborne…

Undisclosed round $216M

Powerus is a company building unified autonomous systems architecture to move, protect, and sustain people…

Undisclosed round $30.0M

Transload is a security development company that helps logistics and warehouse companies to measure shipments…

Pre-Seed $500k

Pickappo is not a delivery company but a tech platform that connects various delivery apps with rapid…

Pre-Seed $530k

New Energy Transport is a trucking company that provides logistics and freight services.

Seed $3.5M

Astrobase is a team focused on achieving goals, able to adapt to challenges and using hardware malfunctions…

Undisclosed round $2.6M

Volato is an aviation enterprise that provides options for deluxe private air transportation, which allows…

Undisclosed round $2.2M

Donut Lab Funding FAQs

What does Donut Lab do?

Donut Lab offers all the necessary materials for constructing an electric vehicle and offers them to users. The Donut Platform offers a range of components that can be easily assembled to create an electric car efficiently and cost-effectively.

How much funding has Donut Lab raised?

Donut Lab has raised $29.4M across 1 round on record. The most recent is a Seed of $29.4M announced in Jul 2025.

When did Donut Lab last raise funding?

Donut Lab's most recent funding round on record is a Seed of $29.4M, announced in Jul 2025.

Who founded Donut Lab?

FundedIQ lists Marko Lehtimaki (Founder) at Donut Lab.

Where is Donut Lab headquartered?

Donut Lab is based in Helsinki, Southern Finland, Finland.

How many employees does Donut Lab have?

Donut Lab is in the 11-50 employee band.

How does Donut Lab's funding compare to other Transportation startups?

Donut Lab's latest round of $29.4M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's Donut Lab Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Donut Lab is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.