How Much Did Switch Raise?
Funding & Key Investors

Switch, a prominent player in the electric vehicle manufacturing sector, has recently secured a major strategic investment, contributing to its total funding of $18M. This latest capital infusion, amounting to $18M, underscores the company's trajectory in the burgeoning zero-emission mobility market.

What is Switch?

Switch
ManufacturingMotor Vehicles

Switch Mobility is a technology-driven company dedicated to providing intelligent, affordable, and zero-emission mobility solutions for cities worldwide. Specializing in electric vehicle manufacturing, the company is strategically positioned to address the growing demand for sustainable transportation options. Based in the United Kingdom, Switch Mobility leverages its technological expertise to develop and deploy advanced EV platforms.

How much funding has Switch raised?

Switch has raised a total of $18M across 1 funding round:

2021

Unspecified

$18M

Unspecified (2021): $18M with participation from Dana

Key Investors in Switch

Dana

Dana Incorporated is an American supplier specializing in components for conventional, hybrid, and electric-powered vehicles, including axles and transmissions. Their involvement suggests a strategic interest in advancing electric vehicle drivetrain technology and supply chain integration.

What's next for Switch?

The recent major strategic investment signals a pivotal phase for Switch Mobility, likely enabling accelerated scaling of production, further research and development into next-generation EV technologies, and expansion into new urban markets. This significant backing from industry stakeholders suggests confidence in Switch's vision to revolutionize urban transportation with sustainable and efficient electric vehicles.

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Frequently Asked Questions Regarding Switch Financial Insights

What are the most recent funding rounds that Switch has completed, and what were the funding rounds?
Switch has recently completed 1 funding rounds: Unspecified on Aug 2, 2021.
What is the total amount of funding Switch has raised to date?
Switch has raised a total of $18M in funding to date.
How many funding rounds has Switch completed?
Switch has completed 1 funding rounds.
How much funding did Switch raise in its most recent funding round?
Switch raised $18M in its most recent funding round.
Who are the lead investors in Switch's latest funding round?
The lead investor in Switch's latest funding round was Dana. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Switch's history?
The largest funding round in Switch's history was $18M.
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