Funded Motor Vehicle Manufacturing Startups
Among the 10 most recent motor vehicle manufacturing rounds shown, the largest disclosed amount is Onto’s $123M (2023-01-25), which dwarfs the next-largest…
Among the 10 most recent motor vehicle manufacturing rounds shown, the largest disclosed amount is Onto’s $123M (2023-01-25), which dwarfs the next-largest disclosed rounds: Hlpy at $20M (2024-09-24), and Amp at $17M (2022-11-01). Disclosed amounts also show a wide spread, with the smallest disclosed figure at Fresh Car Valeting’s $590K (2022-11-15) versus Curtiss Motorcycle Company’s $20K (2024-01-03), and several rounds left undisclosed (VIVE Collision on 2023-11-20, IONIUM on 2023-06-25, and DCARB on 2023-01-24).
Timing is concentrated rather than evenly distributed: five of the 10 rounds fall in a narrow window from 2023-01-24 to 2023-11-20. Stage naming is also skewed toward “Series Unknown” (5 of 10 rows: Curtiss Motorcycle Company, VIVE Collision, EVOLECTRIC INCORPORATED, IONIUM, and DCARB), while the clearly labeled rounds include two Series A ($17M on 2022-11-01 and $20M on 2023-01-24 is undisclosed) and one Series B (Hlpy’s $20M on 2024-09-24). Geographically, the list is split across Europe, the U.S., and India, without a single city dominating; California appears twice (Hlpy in Milan/Italy is not California, but Amp in Santa Fe Springs, and EVOLECTRIC in Long Beach).
Most recent rounds
10 shownRelated listings
Frequently asked
Which disclosed round is the outlier in motor vehicle manufacturing here, and how does it compare to the next-largest disclosed amount?
Onto’s $123M round (2023-01-25) is the clear outlier, sitting well above the next-largest disclosed figures in the table—Hlpy’s $20M (2024-09-24) and Amp’s $17M (2022-11-01). Several other disclosed rounds cluster far below that level (e.g., EVOLECTRIC at $15M on 2023-09-12; Yulu at $9M on 2022-11-14).
Are these rounds clustered in time, or are they spread evenly across the listing window?
They are clustered: five of the 10 rounds occur between 2023-01-24 and 2023-11-20 (including DCARB on 2023-01-24, Onto on 2023-01-25, and VIVE Collision on 2023-11-20). The earliest disclosed row shown is Fresh Car Valeting on 2022-11-15, while the most recent entry is Hlpy on 2024-09-24.
Do any locations or countries appear more than once in this 10-row slice?
The list does not show a single dominant city, but the U.S. appears multiple times (Curtiss Motorcycle Company in Leeds, Alabama on 2024-01-03; VIVE Collision in New York on 2023-11-20; DCARB in Las Vegas on 2023-01-24; Amp in Santa Fe Springs, California on 2022-11-01). California also appears twice via Amp (Santa Fe Springs) and EVOLECTRIC INCORPORATED (Long Beach), both with disclosed amounts ($17M and $15M).
What stage naming mix dominates these 10 entries, and which labeled stages have the largest disclosed rounds?
“Series Unknown” is most common, accounting for 5 of 10 rows (Curtiss Motorcycle Company, VIVE Collision, EVOLECTRIC INCORPORATED, IONIUM, and DCARB). Among the labeled rounds, the largest disclosed amount is still in a clearly identified stage—Hlpy’s Series B at $20M (2024-09-24)—while Seed/Ion entries are undisclosed for IONIUM (2023-06-25).
Are there meaningful extremes on the low end of disclosed funding, and where do they fall relative to the rest?
Yes. Fresh Car Valeting’s $590K (2022-11-15) is the lowest disclosed amount, while Curtiss Motorcycle Company’s $20K (2024-01-03) is even smaller; both are far below the $9M–$20M band seen for Yulu ($9M on 2022-11-14) and Hlpy/Amp ($20M/$17M). Multiple rounds remain undisclosed (VIVE Collision, IONIUM, and DCARB), which limits how far the true distribution can be pinned down at the low end.
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