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Evotrex has raised $30M in a Series A funding round led by a consortium of investment firms to develop hybrid RVs that don’t require charging stations.

PRIVATEJun 09, 20262 months ago

Amount Raised

$30 Million

Round Type

Series A

Los AngelesManufacturing

Investors

AnkerPegasus CapitalTtgg VenturesForebright Concerto CapitalGsr United Capital

Description

Evotrex has closed a $30 million Series A funding round, bringing its total raised to $46 million. The L.A.-based startup plans to build and sell hybrid RV travel trailers next year, targeting around 1,000 units annually. Investors include GSR United Capital, Forebright Concerto Capital, TTGG Ventures, and Pegasus Capital. This funding will help finish building and testing its innovative RV design.

Company Information

Company

Evotrex

Location

Los Angeles, California, United States

About

Evotrex is a California-based company transforming outdoor travel with intelligent, power-generating RVs built for adventure without limits. Founded by enthusiasts and innovators, Evotrex sets a new standard in the RV industry by blending proven technology, an automotive supply chain, and efficient manufacturing to deliver off-grid freedom with contemporary comfort. Engineered and validated for quality, durability, and seamless indoor-outdoor living, each model is designed to withstand the elements while unlocking new possibilities outdoors.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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