What is Orange EV?
Orange EV specializes in the development, sale, and servicing of industrial electric vehicles designed for global enterprise applications. Headquartered in Riverside, Missouri, the company is at the forefront of electrifying heavy-duty vehicle fleets, offering sustainable alternatives to traditional internal combustion engine vehicles. Their solutions cater to a wide range of industries seeking to reduce operational costs and environmental impact.
How much funding has Orange EV raised?
Orange EV has raised a total of $35.4M across 2 funding rounds:
Debt
$350K
Unspecified
$35M
Debt (2020): $350K with participation from PPP
Unspecified (2022): $35M led by S2G Ventures and CCI
Key Investors in Orange EV
S2G Ventures
S2G Ventures is a multi-stage venture fund focused on the food and agriculture sectors, investing in companies that address evolving consumer demands for healthy and sustainable products. They seek to support market leaders across the entire food supply chain.
CCI
CCI is an undisclosed investor participating in the recent funding round, contributing to Orange EV's strategic growth initiatives.
PPP
Public-Private Partnership
What's next for Orange EV?
With the recent influx of major enterprise-level funding and a strategic investment, Orange EV is poised for accelerated growth. This capital infusion is likely to support the scaling of manufacturing capabilities, expansion into new geographic markets, and continued research and development of advanced electric vehicle technologies. The company's focus on sustainability and operational efficiency positions it favorably to capture a larger share of the burgeoning industrial electric vehicle market.
See full Orange EV company page