What is Hive Technologies?
Founded in 2020 and previously known as Gemini, Hive Technologies is at the forefront of developing clean electric vehicle technology. Headquartered in Los Angeles, California, the company is dedicated to advancing the EV sector through its technological innovations. The recent major strategic investment signals a strong market belief in Hive Technologies' potential to disrupt and lead within the rapidly expanding electric vehicle industry.
How much funding has Hive Technologies raised?
Hive Technologies has raised a total of $30M across 1 funding round:
Unspecified
$30M
Unspecified (2021): $30M with participation from Galway Sustainable Capital, LACI, and iSun
Key Investors in Hive Technologies
Galway Sustainable Capital
Galway Sustainable Capital is an investor focused on sustainable ventures, likely providing strategic capital for Hive Technologies' clean EV initiatives.
LACI
LACI, likely referring to the Los Angeles Cleantech Incubator, supports early-stage clean technology companies, indicating a focus on fostering innovation in the EV sector.
iSun
iSun, a company involved in solar and clean energy solutions, suggests a strategic alignment with Hive Technologies' mission in the sustainable transportation space.
What's next for Hive Technologies?
With the infusion of this significant enterprise-level funding, Hive Technologies is poised for accelerated growth and development. The strategic capital is expected to fuel advancements in their EV technology, potentially expanding manufacturing capabilities, enhancing research and development efforts, and broadening market reach. This backing positions Hive Technologies to further solidify its role as a key player in the clean energy transition and the future of sustainable transportation.
See full Hive Technologies company page
