- The new fund will focus on investing in the electric vehicle ecosystem, with eyes on startups that make EVs affordable
- The fund will also invest in startups that lease out EVs, battery recycling startups, and EV financing companies
- AdvantEdge’s portfolio startups include Rapido, Chalo, zingbus, Park+, Sheru, among others
Early-stage venture capital (VC) fund AdvantEdge has unveiled its third fund to invest $80-$100 Mn in mobility solutions companies.
The new fund will focus on investing in the electric vehicle ecosystem, with eyes on startups that make EVs affordable, via shared mobility, electrification of public transportation, or making ownership of private vehicles economical.
Continue reading: https://inc42.com/buzz/vc-firm-advantedge-to-take-bet-on-mobility-solution-startups-with-its-100-mn-fund/
