# Orange EV funding: rounds and investors

> Orange EV has raised $100M across 2 rounds since 2023. Investors include Wells Fargo Bank and S2G Investments. Every round with its source.

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

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

# Who invested in *Orange EV*

2 rounds we have observed, with the 2 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 Logistics

Raised 3 months ago

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Funding summary Updated 15 Nov 2026

**$100M** raised across 2 rounds since 2023, from 2 sources

**$250K** Grant **$100M** Debt

- **Latest round:** Debt, $100M Aug 2026
- **Led by:** Wells Fargo Bank
- **Step-up i:** 400×
- **Investors:** 2 (1 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.

2024 2025 2026

**$250K** Grant

**$100M** Debt

- **First round:** Grant, $250K
- **Biggest round:** $100M
- **Between rounds:** 3.2 years

## The rounds

- **Aug 2026** Debt **$100M** *1 new* [Wells Fargo Bank](https://millionrounds.com/fund/wells-fargo-bank) Lead Reported by Ventureburn
- **Jun 2023** Grant **$250K** *1 new* [S2G Investments](https://millionrounds.com/fund/s2g-investments) Source recorded

## Funding filed with regulators

Orange EV filed one raise, $35M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2022 **$35M** 2 investors equity SEC Form D

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Kurt Neutgens** Executive Officer, Director i
- **Wayne Mathisen** Executive Officer, Director i

On the board, as filed i *Christine Bolstad* *Stephen Feilhauer* *Tanya Burnell*

## 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.

**Grant** 2023 **Debt** 2026 [Wells Fargo Bank](https://millionrounds.com/fund/wells-fargo-bank) L [S2G Investments](https://millionrounds.com/fund/s2g-investments)

## Everyone who backed them

[Wells Fargo Bank](https://millionrounds.com/fund/wells-fargo-bank) Investment firm **1** round, led 1

[S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth equity **1** round

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

## Quick answers about Orange EV

### Who invested in Orange EV?

Orange EV's investors include Wells Fargo Bank and S2G Investments. Wells Fargo Bank led its latest round.

### How much has Orange EV raised?

Orange EV has raised $100M across 2 rounds since 2023.

### When did Orange EV last raise?

Orange EV's most recent round was a Debt of $100M in Aug 2026, led by Wells Fargo Bank.

### What was Orange EV's biggest round?

Its most recent round, $100M in Aug 2026, is also its largest on record.

### Who backed Orange EV first?

Orange EV's first round on record, in Jun 2023, was backed by S2G Investments.

### What stage is Orange EV at?

Orange EV's latest named round is a Debt, in Aug 2026.

### Where is Orange EV based?

Orange EV is based in the United States.

### Who led Orange EV's rounds?

Wells Fargo Bank led the Debt in 2026.

## Companies like Orange EV

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

[**MedHaul** $4.1M · Nov 2026](https://millionrounds.com/company/medhaul)[**Soofa** Nov 2026](https://millionrounds.com/company/soofa)[**EV Life** $15M · Nov 2026](https://millionrounds.com/company/ev-life)[**NYSHEX** Nov 2026](https://millionrounds.com/company/nyshex)[**Atomarine** $20M · Nov 2026](https://millionrounds.com/company/atomarine)[**ELECTRA AI** $5.0M · Nov 2026](https://millionrounds.com/company/electra-ai)

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