# Applied Electric Vehicles (AEV) funding: rounds and investors

> Applied Electric Vehicles (AEV) has raised $40M across 1 round since 2026. Investors include National Reconstruction Fund, Japan Post Capital and Barrenjoey.

Source: https://millionrounds.com/company/applied-electric-vehicles-aev (Millionrounds; every figure on the page links to its filing or article)

Australia · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Applied Electric Vehicles (AEV)*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Logistics Manufacturing

Raised 9 months ago

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Funding summary Updated 5 Nov 2026

**$40M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series B, $40M Jan 2026
- **Led by:** National Reconstruction Fund
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Jan 2026** Series B **$40M** [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Lead [Japan Post Capital](https://millionrounds.com/fund/japan-post-capital) [Barrenjoey](https://millionrounds.com/fund/barrenjoey) [St Baker](https://millionrounds.com/fund/st-baker) [Suzuki Motors Corporation](https://millionrounds.com/fund/suzuki-motors-corporation) Reported by Startup Daily

## Everyone who backed them

[National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Growth equity **1** round, led 1

[Japan Post Capital](https://millionrounds.com/fund/japan-post-capital) VC firm **1** round

[Barrenjoey](https://millionrounds.com/fund/barrenjoey) Growth equity **1** round

[St Baker](https://millionrounds.com/fund/st-baker) Growth equity **1** round

[Suzuki Motors Corporation](https://millionrounds.com/fund/suzuki-motors-corporation) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=applied-electric-vehicles-aev).

## Quick answers about Applied Electric Vehicles (AEV)

### Who invested in Applied Electric Vehicles (AEV)?

Applied Electric Vehicles (AEV)'s investors include National Reconstruction Fund, Japan Post Capital, Barrenjoey, St Baker and Suzuki Motors Corporation. National Reconstruction Fund led its latest round.

### How much has Applied Electric Vehicles (AEV) raised?

Applied Electric Vehicles (AEV) has raised $40M across 1 round since 2026.

### When did Applied Electric Vehicles (AEV) last raise?

Applied Electric Vehicles (AEV)'s most recent round was a Series B of $40M in Jan 2026, led by National Reconstruction Fund.

### What was Applied Electric Vehicles (AEV)'s biggest round?

Its most recent round, $40M in Jan 2026, is also its largest on record.

### Who backed Applied Electric Vehicles (AEV) first?

Applied Electric Vehicles (AEV)'s first round on record, in Jan 2026, was backed by National Reconstruction Fund, Japan Post Capital and Barrenjoey and 2 others.

### What stage is Applied Electric Vehicles (AEV) at?

Applied Electric Vehicles (AEV)'s latest named round is a Series B, in Jan 2026.

### Where is Applied Electric Vehicles (AEV) based?

Applied Electric Vehicles (AEV) is based in Australia.

### Who led Applied Electric Vehicles (AEV)'s rounds?

National Reconstruction Fund led the Series B in 2026.

## Companies like Applied Electric Vehicles (AEV)

In the same sector, and raised in the last eighteen months.

[**Austal** $245M · Oct 2026](https://millionrounds.com/company/austal)[**Parkd** $558K · Oct 2026](https://millionrounds.com/company/parkd)[**Amber Electric** $56M · Sept 2026](https://millionrounds.com/company/amber-electric)[**Amber** $148M · Sept 2026](https://millionrounds.com/company/amber)[**HAMR Energy** $32M · Jul 2026](https://millionrounds.com/company/hamr-energy)[**Kite Magnetics** $3.7M · Jul 2026](https://millionrounds.com/company/kite-magnetics)

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