Fundz

Kate Raises $7.6 Million For Its Electric Micro-Cars

PRIVATEApr 20, 2023

Amount Raised

$7.6 Million

Round Type

Funding Round

La RochelleManufacturingAutomotive

Investors

Antoine LeconteBenoît Charles LavauzelleRomain AfflelouChristophe MaurissenEmmanuelle BrizayJulien Lemoine

Description

French startup Kate has raised a $7.6 million (€7 million) funding round from a bunch of business angels. As I wrote in my previous article on Kate, the company has ambitious goals when it comes to everyday mobility. It plans to use the funding to develop an alternative to regular cars (electric or not) by making something smaller, cheaper and easier to maintain.

Quick answer

Kate raised $7.6 Million in a Funding Round round, dated April 20, 2023. Investors: Antoine Leconte, Benoît Charles Lavauzelle, Romain Afflelou, Christophe Maurissen, Emmanuelle Brizay and Julien Lemoine. Kate is based in La Rochelle, Nouvelle-Aquitaine, France.

How much did Kate raise?
Kate raised $7.6 Million in a Funding Round round on April 20, 2023.
Who invested in Kate?
Antoine Leconte, Benoît Charles Lavauzelle, Romain Afflelou, Christophe Maurissen, Emmanuelle Brizay and Julien Lemoine are named as investors in this round.
What does Kate do?
At Kate, we are specialized in lightweight electric vehicles that are made in France and meet today’s challenges in terms of sustainability and consumer responsibility.
Where is Kate based and how big is it?
Kate is based in La Rochelle, Nouvelle-Aquitaine, France.
Who are the decision-makers at Kate?
Fundz holds 1 contact at Kate. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Kate that raised within 45 days of this round, from Fundz verified event records.

  • Loewi raised $1.1M (Seed) on May 29, 2023.
  • Ethernovia raised $64M (Funding Round) on May 15, 2023.
  • Hyperion Companies raised $200K (Seed) on May 12, 2023.
  • Arbe raised an undisclosed amount (Corporate Round) on April 27, 2023.
  • Arris Composites, Inc. raised $30M on April 14, 2023.
  • Hyperion Companies raised $220K (Seed) on March 18, 2023.

Who to call at Kate, and when

A new round usually means Kate is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Kate raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Kate, from your own LinkedIn network

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Company Information

Company

Kate

Location

La Rochelle, Nouvelle-Aquitaine, France

About

At Kate, we are specialized in lightweight electric vehicles that are made in France and meet today’s challenges in terms of sustainability and consumer responsibility. Our goal is to accelerate the sustainable transition towards environmentally friendly transport that’s tailored to the needs of users and the environment by promoting the use of micro-cars. With our model The Original, available to pre-order now, we’re working to revolutionize everyday mobility. Visit us to test drive tomorrow’s transport. #KateCars #KateTech.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.