Munro EV raises £2 million to ramp up off-road EV production with support from Elbow Beach and others. The funding will help create up to 300 jobs.
Amount Raised
£2 Million
Round Type
Funding Round
GlasgowManufacturingAutomotiveInvestors
Description
Scottish off-road vehicle manufacturer Munro EV has secured £2 million from existing investor Elbow Beach and other parties to ramp up production and create up to 300 jobs. This investment aims to accelerate production of the M-Series vehicles designed for heavy industries. Munro plans to increase its capacity significantly from 24 to 500 vehicles per year by 2027. The firm is currently seeking additional assembly and engineering staff.
Quick answer
Munro EV raised £2 Million in a Funding Round round, dated October 7, 2025. Investors: Scottish Government and Elbow Beach. Munro EV is based in Glasgow, Scotland, United Kingdom.
- How much did Munro EV raise?
- Munro EV raised £2 Million in a Funding Round round on October 7, 2025.
- Who invested in Munro EV?
- Scottish Government and Elbow Beach are named as investors in this round.
- What does Munro EV do?
- Munro EV is a Scottish manufacturer of off-road electric vehicles, designed primarily for the mining, defense, and construction industries.
- Where is Munro EV based and how big is it?
- Munro EV is based in Glasgow, Scotland, United Kingdom. Fundz records about 17 employees.
- Who are the decision-makers at Munro EV?
- Fundz holds 1 contact at Munro EV. 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 Munro EV that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $300M (Funding Round) on September 4, 2025.
- X-Bow Systems raised $6M on November 14, 2025.
- Harbinger raised $160M (Series C) on November 13, 2025.
- Forgis raised $4.5M (Pre-Seed) on November 13, 2025.
- U-Space raised $28M (Series A) on November 12, 2025.
- LeanDNA raised an undisclosed amount on October 31, 2025.
Who to call at Munro EV, and when
A new round usually means Munro EV is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Munro EV raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Munro EV, from your own LinkedIn network
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Related People
Munro EV raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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