# Ray Electric Motors funding: rounds and investors

> Ray Electric Motors has raised $3.0M across 1 round since 2020. Investors include ICF Capital. Every round with its source.

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

[Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Ray Electric Motors*

One round we have observed, with the one investor 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

Funding summary Updated 26 Oct 2026

**$3.0M** raised across 1 round since 2020, from 1 source

- **Latest round:** Pre-seed, $3.0M Dec 2020
- **Investors:** 1

See who backed them

## The rounds

- **Dec 2020** Pre-seed **$3.0M** [ICF Capital](https://millionrounds.com/fund/icf-capital) Source recorded

## Everyone who backed them

[ICF Capital](https://millionrounds.com/fund/icf-capital) Corporate VC **1** round

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

## Quick answers about Ray Electric Motors

### Who invested in Ray Electric Motors?

Ray Electric Motors's investors include ICF Capital.

### How much has Ray Electric Motors raised?

Ray Electric Motors has raised $3.0M across 1 round since 2020.

### When did Ray Electric Motors last raise?

Ray Electric Motors's most recent round was a Pre-seed of $3.0M in Dec 2020.

### What was Ray Electric Motors's biggest round?

Its most recent round, $3.0M in Dec 2020, is also its largest on record.

### Who backed Ray Electric Motors first?

Ray Electric Motors's first round on record, in Dec 2020, was backed by ICF Capital.

### What stage is Ray Electric Motors at?

Ray Electric Motors's latest named round is a Pre-seed, in Dec 2020.

## Companies like Ray Electric Motors

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

[**Twinny** $14M · Mar 2026](https://millionrounds.com/company/twinny)[**Autonomous a2z** $27M · Mar 2026](https://millionrounds.com/company/autonomous-a2z)[**Dat Bike** $4.0M · Mar 2026](https://millionrounds.com/company/dat-bike)[**Paidian Technology** Feb 2026](https://millionrounds.com/company/paidian-technology)[**Entellus Industries** $5.4M · Jan 2026](https://millionrounds.com/company/entellus-industries)[**REGRIP** $1.7M · Jan 2026](https://millionrounds.com/company/regrip)

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