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Revoy secures $27 million in a funding round to develop its battery-powered semi truck solution that converts diesel big rigs to hybrids.
PRIVATEAug 02, 2026•7 days ago
Amount Raised
$27 Million
Round Type
Venture - Series Unknown
CaliforniaEnergyOil And GasRenewable EnergyAutomotive
Description
California-based startup Revoy has completed a $27 million funding round. The company has designed a battery module that converts traditional semi trucks into temporary hybrids. This innovative solution aims to improve fuel economy by assisting the diesel engine without requiring a full electric operation. The detachable module claims to lower carbon emissions by up to 85%.
Company Information
Company
Revoy
Location
California, United States
About
Revoy is a California-based startup that designs a battery-powered module for semi trucks, converting them into temporary hybrids. Founded in 2020, the company aims to improve fuel economy and lower carbon emissions by assisting diesel engines with electric power. The module is designed to provide electric assist for a range of 200 miles and is compatible with a network of battery swap hubs. Revoy has recently completed a $27 million funding round to further develop its technology.
CaliforniaEnergyOil And GasRenewable EnergyAutomotive