# Carvolution funding: rounds and investors

> Carvolution has raised $241M across 2 rounds since 2019. Investors include Redalpine, Armada and Barclays Ventures. Every round with its source.

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

Switzerland · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Carvolution*

2 rounds we have observed, with the 4 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 Logistics

Funding summary Updated 26 Oct 2026

**$241M** raised across 2 rounds since 2019, from 2 sources

**$11M** Series B **$230M** Debt

- **Latest round:** Debt, $230M Jan 2024
- **Step-up i:** 20.9×
- **Investors:** 4 (2 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.

2020 2021 2022 2023 2024

**$11M** Series B

**$230M** Debt

- **First round:** Series B, $11M
- **Biggest round:** $230M
- **Between rounds:** 4.1 years

## The rounds

- **Jan 2024** Debt **$230M** *1 new* *1 returning* [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Redalpine](https://millionrounds.com/fund/redalpine) Source recorded
- **Nov 2019** Series B **$11M** *3 new* [Redalpine](https://millionrounds.com/fund/redalpine) Lead [Armada](https://millionrounds.com/fund/armada) Lead Mobiliar Reported by FinSMEs

## 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.

**Series B** 2019 **Debt** 2024 [Redalpine](https://millionrounds.com/fund/redalpine) L [Armada](https://millionrounds.com/fund/armada) L [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Mobiliar

## Everyone who backed them

[Redalpine](https://millionrounds.com/fund/redalpine) VC firm **2** rounds, led 1

[Armada](https://millionrounds.com/fund/armada) VC firm **1** round, led 1

[Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Corporate VC **1** round

Mobiliar no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists Carvolution as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[FiveT Fintech](https://millionrounds.com/fund/fivet-fintech) Advisor Per its own site

## Quick answers about Carvolution

### Who invested in Carvolution?

Carvolution's investors include Redalpine, Armada, Barclays Ventures and Mobiliar.

### How much has Carvolution raised?

Carvolution has raised $241M across 2 rounds since 2019.

### When did Carvolution last raise?

Carvolution's most recent round was a Debt of $230M in Jan 2024.

### What was Carvolution's biggest round?

Its most recent round, $230M in Jan 2024, is also its largest on record.

### Who backed Carvolution first?

Carvolution's first round on record, in Nov 2019, was backed by Redalpine, Armada and Mobiliar.

### What stage is Carvolution at?

Carvolution's latest named round is a Debt, in Jan 2024.

### Where is Carvolution based?

Carvolution is based in Switzerland.

### Who led Carvolution's rounds?

Redalpine led the Series B in 2019.

## Companies like Carvolution

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

[**Besso** $4.8M · Oct 2026](https://millionrounds.com/company/besso)[**Assaia** $27M · Sept 2026](https://millionrounds.com/company/assaia)[**Gravis Robotics** $223M · Aug 2026](https://millionrounds.com/company/gravis-robotics)[**Zerolook** $1.8M · Aug 2026](https://millionrounds.com/company/zerolook)[**Avientus** Apr 2026](https://millionrounds.com/company/avientus)[**4QT** $2.2M · Sept 2025](https://millionrounds.com/company/4qt)

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