The electric vehicle industry in the DACH region includes a variety of players focused on sustainable transportation. Major automotive manufacturers, innovative startups, and robust infrastructure firms work together to create and deliver electric vehicles and charging solutions. Companies offer everything from electric cars and trucks to battery technologies and charging networks, demonstrating a strong commitment to reducing carbon emissions. Market trends indicate accelerated growth driven by government policies promoting green transportation and consumer demand for eco-friendly options. As battery technology advances, more affordable and efficient electric vehicles are expected, fostering wider adoption across urban and rural areas alike.


In this article, we explore 17 impactful investors in the DACH electric vehicle sector. They range from corporate giants like Deutsche Bank, founded in 1870, to venture capital firms like Bayern Kapital, established in 1995. Headquartered in cities like Munich and Frankfurt, these investors vary in size, some boasting over 10,000 employees. Notably, 2024 saw robust investment activity, with some firms completing over 30 deals. This overview sheds light on their investment strategies and contributions to the evolution of electric mobility in the region.


Top 17 Electric Vehicle Investors in DACH


1. Siemens

  • Website: siemens.com
  • Type: Corporate
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 1847
  • Headcount: 10001+
  • Number of deals in 2024: 11
  • LinkedIn: siemens

Siemens AG is a leading technology conglomerate based in Munich, Bavaria, Germany, specializing in industrial automation, energy solutions, rail transport, and health technology. Founded in 1847, Siemens operates globally with approximately 320,000 employees and generates significant revenue. In recent years, Siemens has made notable investments in the electric vehicle sector, including a $25 million investment in WiTricity, a startup focused on wireless charging technology for electric vehicles. Additionally, Siemens has participated in funding rounds for ChargePoint, a major electric vehicle charging network, and Amply Power, which focuses on fleet charging solutions. These transactions highlight Siemens' commitment to advancing electric vehicle infrastructure and technology, reinforcing its role as a key investor in the electric vehicle industry.


2. Mercedes-Benz AG

  • Website: mercedes-benz.com
  • Type: Corporate
  • Headquarters: Stuttgart, Baden-Württemberg, Germany
  • Founded year: 1883
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: mercedes-benz_ag

Mercedes-Benz AG, founded in 1883 and based in Stuttgart, Baden-Württemberg, Germany, is a prominent automobile manufacturer known for producing luxury vehicles and vans. The company has a strong focus on quality and performance, catering to both individual consumers and businesses. In recent years, Mercedes-Benz has made strategic investments in the electric vehicle sector, including significant funding rounds for Tesla, where they contributed to multiple Series E-K funding rounds totaling over $783 million. Additionally, they invested in Proterra, a company specializing in electric buses, with investments of $155 million in Series G and $86.9 million in Series H. These transactions highlight Mercedes-Benz AG's commitment to advancing electric vehicle technology and expanding their portfolio in the electric mobility space.


3. Volkswagen Group Investor Relations


Volkswagen Group Investor Relations is a corporate investor based in Wolfsburg, Lower Saxony, Germany, and is part of a leading automotive manufacturer and energy solutions provider. Founded in 1937, Volkswagen Group has evolved to offer a range of electric vehicles and charging solutions, catering to both consumers and businesses seeking sustainable energy options. The company operates through a multi-brand strategy, providing integrated solutions that include electric vehicles and renewable energy services. In recent years, Volkswagen has made significant investments in the electric vehicle sector, including a $705.6 million investment in XPeng Inc., which focuses on the joint development of battery electric vehicles. Additionally, Volkswagen's establishment of Scout Motors, aimed at creating an electric off-road brand, and their acquisition of a stake in Anhui Jianghuai Automobile Group to enhance their competitive position in China, further highlight their commitment to the electric vehicle market. Furthermore, their involvement in Northvolt, a company focused on battery production, underscores their strategic investments in the EV supply chain.


4. Deutsche Bank

  • Website: db.com
  • Type: Corporate
  • Headquarters: Frankfurt, Hesse, Germany
  • Founded year: 1870
  • Headcount: 10001+
  • Number of deals in 2024: 32
  • LinkedIn: deutsche-bank

Deutsche Bank AG, founded in 1870 and headquartered in Frankfurt, Hesse, Germany, is a prominent investment bank and financial services provider. The bank offers a wide range of solutions, including investment banking, corporate banking, cash management, trade finance, and securities services, primarily serving corporate and institutional clients. In 2024, Deutsche Bank was involved in 32 investments, showcasing its active role in the financial market. Among its notable transactions, Deutsche Bank participated in a post-IPO equity round for Tesla, raising $1.46 billion in May 2016, which highlights its commitment to the electric vehicle industry. Additionally, in June 2024, Deutsche Bank was part of a debt financing round for EuroGroup Laminations, a company that could be involved in the supply chain for electric vehicles. Furthermore, the bank provided a credit facility to Bolt, an Estonian mobility company, in May 2024, indicating its support for innovative mobility solutions that may include electric vehicles. These transactions reflect Deutsche Bank's strategic interest in the electric vehicle sector and related industries.


5. Porsche Ventures

  • Website: porsche.ventures
  • Type: Corporate
  • Headquarters: Stuttgart, Baden-Württemberg, Germany
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 9
  • LinkedIn: porsche-ventures

Porsche Ventures is a venture capital firm based in Stuttgart, Baden-Württemberg, Germany, founded in 2018. The firm specializes in early-stage investments across mobility, industrial technology, and sustainability sectors. With a focus on supporting startups, Porsche Ventures provides capital, strategic guidance, and access to a vast network of industry connections to help them scale and navigate complex business challenges. Notably, Porsche Ventures has made significant investments in the electric vehicle space, including a strategic acquisition of a 10% stake in Rimac Group, a Croatian electric hypercar manufacturer, which aims to leverage Rimac's electric powertrain technology for Porsche's future models. Additionally, they participated in a Series A funding round for Chemix, an EV-battery developer, further solidifying their commitment to the electric vehicle industry. Other investments include &Charge, which focuses on electric vehicle charging solutions, showcasing their diverse engagement in the EV ecosystem.


6. Bosch

  • Website: bosch.com
  • Type: Corporate
  • Headquarters: Birenbach, Baden-Württemberg, Germany
  • Founded year: 1886
  • Headcount: 10001+
  • Number of deals in 2024: 5
  • LinkedIn: bosch

Robert Bosch GmbH is a multinational engineering and technology company founded in 1886, headquartered in Birenbach, Baden-Württemberg, Germany. With over 10,000 employees, Bosch operates across various sectors, including mobility, consumer goods, industrial technology, and energy solutions. The company is committed to sustainability and enhancing quality of life through innovative technology solutions. In the electric vehicle context, Bosch has made significant investments, including the acquisition of Evergrande hofer powertrain GmbH, which focuses on electric drive units, showcasing their commitment to electric mobility. Additionally, Bosch's acquisition of ZF Friedrichshafen AG's 50-percent share in ZF Lenksysteme GmbH has strengthened their capabilities in electric steering systems, essential for driver assistance and automated driving technologies. These strategic moves highlight Bosch's active role in the electric vehicle industry, making them a relevant investor in this space.


7. Siemens Financial Services


Siemens Financial Services, a corporate investor based in Munich, Bavaria, Germany, specializes in providing innovative financial solutions that support technological advancements across various sectors, including industry, infrastructure, mobility, and healthcare. Founded in 1997, Siemens combines its technological expertise with financial services to enhance growth and efficiency for its clients. In the electric vehicle context, Siemens has made notable investments such as acquiring a 10% stake in Electrify America for $450 million, which focuses on electric vehicle charging infrastructure. They also led a Series A financing round for 7 Generational Capital, which is dedicated to deploying electric trucks and buses. Furthermore, Siemens is involved in the ongoing funding round for KORE Power, which aims to produce lithium-ion battery cells essential for electric vehicles. These strategic investments highlight Siemens Financial Services' commitment to advancing the electric vehicle industry and supporting sustainable transportation solutions.


8. Deg

  • Website: deginvest.de
  • Type: Corporate
  • Headquarters: Neunkirchen, North Rhine-Westphalia, Germany
  • Founded year: 1962
  • Headcount: 501-1000
  • Number of deals in 2024: 17
  • LinkedIn: deg

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is a public entity based in Neunkirchen, North Rhine-Westphalia, Germany, founded in 1962. As a development finance institution, DEG provides long-term financing and advisory services to private enterprises in developing and emerging markets, with a strong focus on sustainable development and job creation. DEG supports businesses across various sectors, including agriculture, manufacturing, and infrastructure, helping them access capital and expert guidance for growth. Notably, DEG has made significant investments in the electric vehicle sector, including a grant to Kiri EV for $100,000 in November 2022, and a €100,000 investment in Stima Mobility, a Kenyan startup focused on green tech solutions for the moto-taxi sector, announced in June 2023. This investment aims to develop battery swapping systems for electric motorbikes in Nairobi. Additionally, DEG provided a $2.2 million grant to SOLshare in June 2024, further emphasizing its commitment to supporting electric mobility initiatives. These transactions highlight DEG's role in promoting sustainable transportation solutions in emerging markets.


9. Partners Group

  • Website: partnersgroup.com
  • Type: Private Equity
  • Headquarters: Baar, Zug, Switzerland
  • Founded year: 1996
  • Headcount: 1001-5000
  • Number of deals in 2024: 19
  • LinkedIn: partners-group

Partners Group Holding AG is an investment management firm based in Baar, Zug, Switzerland, specializing in private equity, private infrastructure, private real estate, and private debt. Founded in 1996, the firm manages over USD 149 billion in assets and is recognized for its innovative approach and commitment to sustainability. Notably, Partners Group has made significant investments in companies that contribute to the electric vehicle ecosystem, such as Silicon Ranch, which raised substantial funding in 2016 and 2017, focusing on renewable energy solutions. Their acquisition of VSB Group in January 2022 also highlights their interest in companies that may support electric vehicle infrastructure and sustainability initiatives. These transactions reflect Partners Group's strategic alignment with the growing demand for electric vehicles and related technologies.


10. Mercuria


Mercuria Energy Group Ltd. is a corporate investor based in Geneva, Switzerland, founded in 2004. As a global energy trading company, Mercuria operates in the commodity markets with a focus on crude oil, natural gas, and renewable energy. They provide trading services and invest in sustainable projects, helping businesses transition to net zero. In 2022, Mercuria led a €50M Series C funding round for The Mobility House, a company specializing in smart charging solutions for electric vehicles. In 2024, they participated in a strategic investment in MN8 Energy, which is involved in solar energy and EV charging projects. Furthermore, Mercuria has invested in TechMet, a company securing key metals for EVs and energy storage, highlighting their commitment to the electric vehicle supply chain. These transactions illustrate Mercuria's active role in the electric vehicle industry and its related sectors.


11. Bayern Kapital

  • Website: bayernkapital.de
  • Type: Venture Capital
  • Headquarters: Landshut, Bavaria, Germany
  • Founded year: 1995
  • Headcount: 11-50
  • Number of deals in 2024: 27
  • LinkedIn: bayern-kapital-gmbh

Bayern Kapital is a venture capital firm based in Landshut, Bavaria, Germany, founded in 1995. The firm specializes in providing investment and growth capital to innovative high-tech startups and scale-ups in Bavaria. They support their clients with financial resources and access to a network of industry experts, helping them navigate the challenges of growth and development across various sectors, including life sciences and software. In the electric vehicle context, Bayern Kapital has made significant investments in companies such as Evum Motors, which focuses on electric utility vehicles, and ChargeX, which offers charging solutions for electric cars. They also participated in funding for DeepDrive, a company developing advanced drive units for electric vehicles, indicating their commitment to supporting innovation in the electric vehicle industry.


12. Vireo Ventures

  • Website: vireo.vc
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 8
  • LinkedIn: vireo-ventures

Vireo Ventures is a Berlin-based venture capital firm founded in 2020, specializing in early-stage technology startups within the energy and mobility sectors. With a team of 11-50 professionals, they provide capital and mentorship to help startups develop innovative solutions aimed at electrification and sustainability. Their investment strategy focuses on B2B business models that contribute to a decarbonized world. Notable transactions include investments in E-mobilio, which raised funds for electric mobility solutions, and Pionix, which secured over €5 million to establish an open-source stack for the EV charging industry. Additionally, they participated in the seed funding round for ZeroMission, further emphasizing their commitment to the electric vehicle sector. Overall, Vireo Ventures is actively engaged in fostering advancements in the electric vehicle industry through strategic investments.


13. Demeter-Partners


Demeter-Partners is a venture capital and private equity firm based in Berlin, Germany, founded in 2007. The firm specializes in investments aimed at facilitating the energy and ecological transition, supporting innovative startups and small to mid-cap companies with funding and strategic guidance. Their portfolio includes a diverse range of investments focused on sustainable development. Notable transactions include investments in NAWA Technologies, which raised approximately $3.4 million in 2014 and is known for its work in energy storage, and Enerbee, which raised over $2.6 million in 2015, focusing on energy efficiency solutions. These investments reflect Demeter-Partners' commitment to supporting technologies that can contribute to the electric vehicle sector, even if they do not exclusively focus on it.


14. responsAbility Investments AG


Responsability Investments AG is an impact investment firm based in Zurich, Switzerland, specializing in managing investments in emerging markets. Founded in 2003, the firm focuses on financial inclusion, climate finance, and sustainable food production, providing investment solutions to both professional and retail investors. In recent years, responsAbility has expanded its portfolio to include significant investments in the electric vehicle sector. Notably, they participated in a $20 million debt financing round for Euler Motors, a company dedicated to manufacturing electric vehicles, and a $24 million Series B investment in BluSmart Mobility, which offers electric mobility solutions. These transactions highlight responsAbility's commitment to supporting sustainable transportation and their strategic focus on generating positive societal and environmental impacts alongside financial returns.


15. UVC Partners


UVC Partners is a venture capital firm based in Munich and Berlin that specializes in investing in B2B startups across Europe. Founded in 2011, the firm provides financial support and strategic guidance to early-stage companies, helping them grow and succeed in competitive markets. Their portfolio includes a diverse range of innovative startups in various sectors, including the electric vehicle industry. Notably, UVC Partners led a €11.5 million Series B financing round for ChargeX, a Munich-based provider of charging solutions for electric cars, which aims to expand its technologies and services across Europe. Additionally, they have invested in DeepDrive, a company that is developing revolutionary drive units for electric vehicles, which promise to extend car range and reduce costs. These transactions highlight UVC Partners' active role in the electric vehicle sector, reinforcing their position as a relevant investor in this industry.


16. eCAPITAL ENTREPRENEURIAL PARTNERS


eCAPITAL ENTREPRENEURIAL PARTNERS is a venture capital firm based in Neunkirchen, North Rhine-Westphalia, Germany, founded in 1999. The firm specializes in investing in technology companies, particularly in sectors such as cleantech, software, and cybersecurity. eCAPITAL provides early to growth stage funding and strategic support to startups, helping them navigate challenges and achieve growth. Notably, they led a financing round for Numbat, a cleantech startup, which highlights their commitment to innovative technologies that may intersect with the electric vehicle industry. Additionally, their investment in Smart Hydro Power through their Cleantech Fund further emphasizes their focus on sustainable technologies, which could include electric vehicle-related innovations.


17. Speedinvest

  • Website: speedinvest.com
  • Type: Venture Capital
  • Headquarters: Vienna, Vienna, Austria
  • Founded year: 2011
  • Headcount: 51-200
  • Number of deals in 2024: 45
  • LinkedIn: speedinvest

Speedinvest is a venture capital firm based in Vienna, Austria, founded in 2011. The firm specializes in funding early-stage tech startups across Europe, providing both capital and hands-on support to help these companies scale their operations. Their investment focus includes various technology sectors such as Deep Tech, Fintech, and SaaS. Recently, Speedinvest has been involved in significant transactions within the electric vehicle context, including their participation in funding rounds for Breathe Battery Technologies, which raised $10 million in Series A funding to enhance battery technology for electric vehicles. Additionally, they have supported Necture, an Austrian startup, which is also involved in energy solutions relevant to the EV market. These transactions highlight Speedinvest's commitment to investing in technologies that support the growth of the electric vehicle industry.



Electric Vehicle Insights: Key Investors in DACH


InvestorHeadquarterSizeFoundedDeals 2024
SiemensMunich, Bavaria, Germany10001+184711
Mercedes-Benz AGStuttgart, Baden-Württemberg, Germany10001+18831
Volkswagen Group Investor RelationsWolfsburg, Lower Saxony, Germany10001+19371
Deutsche BankFrankfurt, Hesse, Germany10001+187032
Porsche VenturesStuttgart, Baden-Württemberg, Germany11-5020189
BoschBirenbach, Baden-Württemberg, Germany10001+18865
Siemens Financial ServicesMunich, Bavaria, Germany1001-5000199715
DegNeunkirchen, North Rhine-Westphalia, Germany501-1000196217
Partners GroupBaar, Zug, Switzerland1001-5000199619
MercuriaGeneva, Geneva, Switzerland1001-500020047
Bayern KapitalLandshut, Bavaria, Germany11-50199527
Vireo VenturesBerlin, Berlin, Germany11-5020208
Demeter-PartnersBerlin, Berlin, Germany11-5020070
responsAbility Investments AGZurich, Zurich, Switzerland201-50020039
UVC PartnersGarching, Bavaria, Germany11-50201115
eCAPITAL ENTREPRENEURIAL PARTNERSNeunkirchen, North Rhine-Westphalia, Germany11-5019992
SpeedinvestVienna, Vienna, Austria51-200201145


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