EV financing has been through one of the harshest cycles in venture and growth equity. SPAC-era listings in OEMs, battery and charging produced enormous headline raises, then most of that paper value disappeared as production ramps slipped and gross margins disappointed. The capital that remains is held by a narrower group and underwritten on BOM, gross margin per vehicle and a credible path through the capex curve.

The active investor mix in EVs spans climate and deep tech specialists (Lowercarbon, Breakthrough Energy, DCVC, Lux), mobility-specialist VCs (Maniv, Trucks VC), and OEM corporate venture arms (Toyota Ventures, Hyundai Motor Group, BMW i Ventures, GM Ventures, Volvo Cars Tech Fund), alongside charging strategics like ChargePoint, EVgo and Blink. Flow has direct relationships with these investors and frames outreach around capex intensity, supplier economics and unit margin at planned volume.

Flow has experience running VC fundraising processes for EV companies across passenger and commercial vehicles, battery cell and pack technology, charging infrastructure, powertrain and drivetrain components, and EV fleet operators. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.