# Evolectric funding: rounds and investors

> Evolectric has raised $15M across 1 round since 2023. Investors include Sunstone Management and Los Angeles Cleantech Incubator. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Evolectric*

One round we have observed, with the 2 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.

Energy

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture, $15M Sept 2023
- **Investors:** 2

See who backed them

## The rounds

- **Sept 2023** Venture **$15M** [Sunstone Management](https://millionrounds.com/fund/sunstone-management) [Los Angeles Cleantech Incubator](https://millionrounds.com/fund/la-cleantech-incubator-laci) Source recorded

## Everyone who backed them

[Sunstone Management](https://millionrounds.com/fund/sunstone-management) VC firm **1** round

[Los Angeles Cleantech Incubator](https://millionrounds.com/fund/la-cleantech-incubator-laci) Accelerator **1** round

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

## Quick answers about Evolectric

### Who invested in Evolectric?

Evolectric's investors include Sunstone Management and Los Angeles Cleantech Incubator.

### How much has Evolectric raised?

Evolectric has raised $15M across 1 round since 2023.

### When did Evolectric last raise?

Evolectric's most recent round was a Venture of $15M in Sept 2023.

### What was Evolectric's biggest round?

Its most recent round, $15M in Sept 2023, is also its largest on record.

### Who backed Evolectric first?

Evolectric's first round on record, in Sept 2023, was backed by Sunstone Management and Los Angeles Cleantech Incubator.

### What stage is Evolectric at?

Evolectric's latest named round is a Venture, in Sept 2023.

### Where is Evolectric based?

Evolectric is based in the United States.

## Companies like Evolectric

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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