E
EVAR
Providing innovative ev charging products and services
About EVAR
EVAR, a company focused on the electric vehicle (EV) charging market, develops and manufactures charging solutions. Its product line includes autonomous charging robots and mobile EV chargers, such as the EVAR Auto and EVAR Cart, designed to provide a more convenient and accessible charging experience for EV drivers.
The company aims to address challenges in the EV charging infrastructure by offering solutions that can be deployed in various environments, potentially reducing the need for extensive fixed charging station installations. EVAR's business model appears to be centered on the sale of its charging hardware to businesses, property managers, and other organizations that want to provide EV charging services to their customers or residents. The company operates in the growing market for electric vehicle support equipment, targeting a client base that includes commercial and residential property owners, fleet operators, and municipalities.
EVAR has secured funding to support its research and development efforts and expand its market reach. The company's approach to EV charging suggests a focus on flexibility and automation to improve the user experience and support the broader adoption of electric vehicles.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2023 | $18M | $74M | DSC Investment · Korea Development Bank · Schmidt · Envisioning Partners | ↗ |
| SERIES A✓Equity / VC | Sep 2021 | $4.6M | $18M | DSC Investment · Hyundai Motor Company · Shinhan Capital · Schmidt | — |
Growth signals
Latest recorded traffic for EVAR is 3.8K monthly website visits, up 18.8% over the last three months. EVAR's team declined 6.3% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A13 investors entered at this stage
DSC Investment
Hyundai Motor Company- SCShinhan Capital
Schmidt- GCGentium Capital
- GGGS Global
SK Rent-a-Car
Korea Development Bank
Envisioning Partners
ORIX
SBI Investment Korea
Hanwha Investment & Securities
Samsung Securities
Other known investors1 additional known investor
Samsung Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about EVAR on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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