Necture raised €7 million in a Series A funding led by Smart Energy Innovationsfonds and Verbund X Ventures to accelerate the electrification of corporate fleets.
Amount Raised
€7 Million
Round Type
Series A
ViennaInformation TechnologyAutomotiveElectric VehicleInvestors
Description
Necture, formerly known as Ubiq, announced it has secured additional funding, bringing its total Series A raise to €7 million. The investment round was led by Smart Energy Innovationsfonds and Verbund X Ventures, joining existing investors Speedinvest and smartworks innovation GmbH. The funding will fuel the company’s expansion into the corporate fleet market, enabling Necture to reach more companies worldwide and accelerate the electrification of fleets.
Quick answer
Necture raised €7 Million in a Series A round, dated March 13, 2024. Investors: Smartworks Innovation Gmb H, Speedinvest, Verbund X Ventures and Smart Energy Innovationsfonds. Necture is based in Vienna, Illinois, United States.
- How much did Necture raise?
- Necture raised €7 Million in a Series A round on March 13, 2024.
- Who invested in Necture?
- Smartworks Innovation Gmb H, Speedinvest, Verbund X Ventures and Smart Energy Innovationsfonds are named as investors in this round.
- What does Necture do?
- Necture, formerly known as Ubiq, is a leading technology company accelerating the adoption of electric fleets.
- Where is Necture based and how big is it?
- Necture is based in Vienna, Illinois, United States.
- Who are the decision-makers at Necture?
- Fundz holds 1 contact at Necture. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Electric Vehicle around the same time
Companies in the same sectors as Necture that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Camion raised $2.9M (Pre-Seed) on April 24, 2024.
- Ola Electric raised $50M (Debt Financing) on April 1, 2024.
- Dodai raised $4M (Series A) on March 24, 2024.
- IM Motors raised $1.1B (Series B) on March 2, 2024.
- Powerdot raised $108M (Funding Round) on February 29, 2024.
Who to call at Necture, and when
A new round usually means Necture is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Necture raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Necture, from your own LinkedIn network
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Funding Insights
What this usually meansNecture 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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