What is Evotrex?
Evotrex operates at the intersection of advanced energy systems and recreational mobility. The company specializes in developing intelligent, power-generating recreational vehicles (RVs) that provide energy independence for travelers in remote environments. Founded by a team of industry veterans from Anker, Geely, IBM, and Lenovo, Evotrex combines deep expertise in consumer electronics and automotive manufacturing to solve the primary pain points of off-grid travel: power reliability and comfort. Its flagship product, the Evotrex PG5, represents a significant shift in the RV market, moving away from traditional fuel-dependent models toward a self-sustaining, eco-conscious architecture that supports long-term adventure without sacrificing modern amenities.
How much funding has Evotrex raised?
Evotrex has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2026): $30M with participation from Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd., Forebright Capital, and GSR United Capital
Key Investors in Evotrex
Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd.
A prominent Chinese venture capital firm with over 25 years of experience, specializing in smart technology, advanced manufacturing, and healthcare sectors.
Forebright Capital
An institutional-quality fund manager focused on middle-market growth private equity, providing value-added services to support the long-term scaling of outstanding enterprises.
GSR United Capital
A Beijing-based venture capital and private equity firm that provides strategic backing to high-growth companies within the technology and innovation landscape.
What's next for Evotrex?
With this major enterprise-level funding, Evotrex is set to prioritize the mass production of the PG5 and expand its distribution network across North America. The strategic roadmap includes further investment in R&D to enhance the efficiency of its integrated power-generation modules and the expansion of its engineering team to support future product iterations. By focusing on energy independence and high-performance mobility, the company is well-positioned to capture a significant share of the growing market for premium, sustainable outdoor living solutions. Future growth will likely be driven by strategic partnerships within the automotive and renewable energy sectors, ensuring that Evotrex remains at the forefront of the mobility revolution.
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