# ARC Ride funding: rounds and investors

> ARC Ride has raised $57M across 7 rounds since 2021. Investors include Mirova, International Finance Corporation and British International Investment.

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

United Kingdom · [Growth startup](https://millionrounds.com/companies)

# Who invested in *ARC Ride*

7 rounds we have observed, with the 9 investors named in them. 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 Cleantech Climate Tech Energy

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$57M** raised across 7 rounds since 2021, from 9 sources

**$33M** Growth

- **Latest round:** Growth, $33M Sept 2026
- **Led by:** Novastar Ventures and Norrsken22
- **Step-up i:** 6.7×
- **Investors:** 9 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$521K** Round

**$5.2M** Round

**$2.0M** Round

**$500K** Round

**$10M** Debt

**$5.0M** Series A

**$33M** Growth

- **First round:** Round, $521K
- **Biggest round:** $33M
- **Usual gap between rounds:** 8 months

## The rounds

- **Sept 2026** Growth **$33M** *6 new* *3 returning* [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) Lead [Norrsken22](https://millionrounds.com/fund/norrsken22) Lead [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [Mirova](https://millionrounds.com/fund/mirova) [PROPARCO](https://millionrounds.com/fund/proparco) [BII's Kinetic programme](https://millionrounds.com/fund/bii-s-kinetic-programme) [Musashi Seimitsu](https://millionrounds.com/fund/musashi-seimitsu) [Talanton](https://millionrounds.com/fund/talanton-2) Reported by Disrupt Africa and 2 others
- **Feb 2026** Series A **$5.0M** *2 new* *1 returning* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Lead [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [Mirova](https://millionrounds.com/fund/mirova) Reported by TechCabal
- **Sept 2025** Debt **$10M** *1 new* [Mirova](https://millionrounds.com/fund/mirova) Reported by Disrupt Africa
- **Jul 2024** Round **$500K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2024** Round **$2.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2022** Round **$5.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2021** Round **$521K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2021 **Round** 2022 **Round** 2024 **Round** 2024 **Debt** 2025 **Series A** 2026 **Growth** 2026 [Mirova](https://millionrounds.com/fund/mirova) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) L [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) L [Norrsken22](https://millionrounds.com/fund/norrsken22) L [PROPARCO](https://millionrounds.com/fund/proparco) [BII's Kinetic programme](https://millionrounds.com/fund/bii-s-kinetic-programme) [Musashi Seimitsu](https://millionrounds.com/fund/musashi-seimitsu) [Talanton](https://millionrounds.com/fund/talanton-2)

## Everyone who backed them

[Mirova](https://millionrounds.com/fund/mirova) Private equity **3** rounds

[International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **2** rounds, led 1

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **2** rounds

[Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) VC firm **1** round, led 1

[Norrsken22](https://millionrounds.com/fund/norrsken22) Private equity **1** round, led 1

[PROPARCO](https://millionrounds.com/fund/proparco) Government **1** round

[BII's Kinetic programme](https://millionrounds.com/fund/bii-s-kinetic-programme) Growth equity **1** round

[Musashi Seimitsu](https://millionrounds.com/fund/musashi-seimitsu) Growth equity **1** round

[Talanton](https://millionrounds.com/fund/talanton-2) VC firm **1** round

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

## Quick answers about ARC Ride

### Who invested in ARC Ride?

ARC Ride's investors include Mirova, International Finance Corporation, British International Investment, Novastar Ventures and Norrsken22, and 4 more on record. Novastar Ventures led its latest round.

### How much has ARC Ride raised?

ARC Ride has raised $57M across 7 rounds since 2021.

### When did ARC Ride last raise?

ARC Ride's most recent round was a Growth of $33M in Sept 2026, led by Novastar Ventures.

### What was ARC Ride's biggest round?

Its most recent round, $33M in Sept 2026, is also its largest on record.

### Who backed ARC Ride first?

ARC Ride's first round on record, in Sept 2025, was backed by Mirova.

### What stage is ARC Ride at?

ARC Ride's latest named round is a Growth, in Sept 2026.

### Where is ARC Ride based?

ARC Ride is based in the United Kingdom.

### Who led ARC Ride's rounds?

International Finance Corporation led the Series A in 2026; Novastar Ventures led the Growth in 2026.

## Companies like ARC Ride

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

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Thistle** $10M · Nov 2026](https://millionrounds.com/company/thistle)[**Epoch** $4.3M · Oct 2026](https://millionrounds.com/company/epoch)[**Nuada** $19M · Oct 2026](https://millionrounds.com/company/nuada)[**Concretene** $9.9M · Oct 2026](https://millionrounds.com/company/concretene)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)

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