VC Fund Investments
EV parts maker Revoh innovations raises $425-K from Whiteboard Capital, Nexzu
IIT-Madras-incubated Revoh Innovations, an electric vehicles sub-components manufacturing company, has raised USD 425,000 in a seed round from strategic investor Nexzu and VC firm Whiteboard Capital. Revoh Idevelops technology solutions for motor controllers to enhance the efficiency of two-wheeler/three-wheeler EV vehicles. It claims to work with around 75 clients worldwide. The startup would invest the new funds to expand the team size and to manufacture products with higher power specifications.
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