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VoltUp raised $8M in a seed funding round led by EM Impact Capital to accelerate its MaaS offerings and expand its battery swapping network.

PRIVATEJan 27, 2025

Amount Raised

$8 Million

Round Type

Seed

MumbaiTransportationAutomotiveElectric Vehicle

Investors

EM Impact Capital

Description

VoltUp raised $8 million in a seed round to enhance its mobility-as-a-service offerings, integrating with various electric vehicle platforms. The funding will support the company's goal to establish 1,000 new battery swapping stations across 20 urban centers.

Quick answer

VoltUp raised $8 Million in a Seed round, dated January 27, 2025. Investors: EM Impact Capital. VoltUp is based in Mumbai, Maharashtra, India.

How much did VoltUp raise?
VoltUp raised $8 Million in a Seed round on January 27, 2025.
Who invested in VoltUp?
EM Impact Capital is named as investors in this round.
What does VoltUp do?
VoltUp is a Mobility-as-a-Service and battery swapping operator, focused on transforming India's mobility landscape.
Where is VoltUp based and how big is it?
VoltUp is based in Mumbai, Maharashtra, India.
Who are the decision-makers at VoltUp?
Fundz holds 4 contacts at VoltUp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

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

  • JetCharge raised $72M (Funding Round) on December 19, 2024.
  • Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.
  • Quantum Space raised an undisclosed amount (Funding Round) on March 11, 2025.
  • Bahn Express raised $965K (Pre-Seed) on February 28, 2025.
  • ZoomCar raised $1.4M (Post-IPO Equity) on February 6, 2025.
  • Enapi raised $7.8M (Seed) on January 23, 2025.

Who to call at VoltUp, and when

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Company Information

Company

VoltUp

Location

Mumbai, Maharashtra, India

About

VoltUp is a Mobility-as-a-Service and battery swapping operator, focused on transforming India's mobility landscape. The company aims to integrate its services with multiple electric vehicle platforms for two- and three-wheelers. With a commitment to sustainability, VoltUp is rapidly expanding its network of battery swapping stations to meet the increasing demand for electric vehicles. The firm has seen substantial growth, quadrupling its revenue in the last year due to rising demand.

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4 contacts
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VoltUp 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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