How Much Did Inventev Raise?
Funding & Key Investors

Inventev, a company specializing in commercial-grade subsystems for electrified trucks, has secured $500K in total capital, with a recent major strategic investment of $500K. This significant backing underscores the company's progress in developing advanced power conversion solutions for municipal and utility vehicles.

What is Inventev?

Inventev
ManufacturingAutomotive Parts

Inventev is at the forefront of electrifying commercial vehicle platforms, focusing on converting stored energy from hybrid, all-electric, and fuel cell systems into usable export power. Founded by a former HUMMER CTO, the company's technology enhances truck capabilities with features like EV driving, idle avoidance, and backup power generation. Inventev's vision is to transform trucks into mobile power plants, offering fleets enhanced grid resilience and remote power access through innovative, cost-effective, and reliable solutions.

How much funding has Inventev raised?

Inventev has raised a total of $500K across 1 funding round:

2016

Grant

$500K

Grant (2016): $500K with participation from U.S. Department of Energy

Key Investors in Inventev

U.S. Department of Energy

The U.S. Department of Energy is a federal agency focused on advancing energy policy and managing national security interests, including nuclear weapons complex stewardship and research into energy conservation and renewable energy development.

What's next for Inventev?

The recent major strategic investment signals a pivotal growth phase for Inventev, likely enabling the company to scale its production, expand its market reach, and further refine its proprietary power conversion technology. This enterprise-level backing suggests a strong market validation and positions Inventev to capitalize on the accelerating trend towards electrification in the commercial vehicle sector. Future developments may include strategic partnerships with fleet operators and utility companies to deploy their mobile power plant solutions.

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Frequently Asked Questions Regarding Inventev Financial Insights

What are the most recent funding rounds that Inventev has completed, and what were the funding rounds?
Inventev has recently completed 1 funding rounds: Grant on Feb 8, 2016.
What is the total amount of funding Inventev has raised to date?
Inventev has raised a total of $500K in funding to date.
How many funding rounds has Inventev completed?
Inventev has completed 1 funding rounds.
How much funding did Inventev raise in its most recent funding round?
Inventev raised $500K in its most recent funding round.
Who are the lead investors in Inventev's latest funding round?
The lead investor in Inventev's latest funding round was U.S. Department of Energy. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Inventev's history?
The largest funding round in Inventev's history was $500K.
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