EVelution Energy: Funding, Investors & Team (Sep 2026)
EVelution Energy is building a solar-powered, carbon-neutral, battery-grade cobalt processing facility. Its mission is to contribute to the transition to a net zero carbon future by providing carbon-neutral battery-grade materials to the new and burgeoning Electric Vehicle (“EV”) battery market.
EVelution Energy has raised $200M across 1 funding round on record, the most recent an undisclosed round of $200M announced in Dec 2024.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
EVelution Energy Company Profile and Key Stats
Latest funding round on record: Dec 2024.
EVelution Energy Funding Rounds
EVelution Energy Founders and Leadership Team
Contact details for the EVelution Energy team: 1 of 1 has an email address on file.
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EVelution Energy's latest round of $200M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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EVelution Energy Funding FAQs
What does EVelution Energy do?
EVelution Energy is building a solar-powered, carbon-neutral, battery-grade cobalt processing facility. Its mission is to contribute to the transition to a net zero carbon future by providing carbon-neutral battery-grade materials to the new and burgeoning Electric Vehicle (“EV”) battery market.
How much funding has EVelution Energy raised?
EVelution Energy has raised $200M across 1 round on record. The most recent is an undisclosed round of $200M announced in Dec 2024.
When did EVelution Energy last raise funding?
EVelution Energy's most recent funding round on record is an undisclosed round of $200M, announced in Dec 2024.
Who founded EVelution Energy?
FundedIQ lists Navaid Alam (Founder) at EVelution Energy.
Where is EVelution Energy headquartered?
EVelution Energy is based in Yuma, Arizona, United States.
How many employees does EVelution Energy have?
EVelution Energy is in the 101-250 employee band.
How does EVelution Energy's funding compare to other Energy startups?
EVelution Energy's latest round of $200M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's EVelution Energy 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 EVelution Energy is left off this page rather than filled in.
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