# Shift EV funding: rounds and investors

> Shift EV has raised $6.2M across 1 round since 2023. Investors include Union Square Ventures. Every round with its source.

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

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

# Who invested in *Shift EV*

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.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**$6.2M** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture, $6.2M Aug 2023
- **Investors:** 1

See who backed them

## The rounds

- **Aug 2023** Venture **$6.2M** [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) Source recorded SEC filing: $6.2M sold, first sale Aug 2023

## Founders and team

From Shift EV's own website: 1 founder, 4 on the team.

**Aly Eltayeb** Co-Founder & CEO

- **Ahmed Hosny** VP of Engineering
- **Mayada Alayat** Head of Procurement
- **Rasha Hegazy** Head of Commercial Operations
- **John Kamel** Plant Director

## Everyone who backed them

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Shift EV 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.

[Wamda Capital](https://millionrounds.com/fund/wamda-capital) VC firm Per its own site

## Quick answers about Shift EV

### Who invested in Shift EV?

Shift EV's investors include Union Square Ventures.

### How much has Shift EV raised?

Shift EV has raised $6.2M across 1 round since 2023.

### When did Shift EV last raise?

Shift EV's most recent round was a Venture of $6.2M in Aug 2023.

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

Its most recent round, $6.2M in Aug 2023, is also its largest on record.

### Who backed Shift EV first?

Shift EV's first round on record, in Aug 2023, was backed by Union Square Ventures.

### What stage is Shift EV at?

Shift EV's latest named round is a Venture, in Aug 2023.

## Companies like Shift EV

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

[**Positron AI** $875M · Sept 2026](https://millionrounds.com/company/positron-ai)[**TYLsemi** $43M · Jul 2026](https://millionrounds.com/company/tylsemi)[**OXMIQ Labs** $35M · Jul 2026](https://millionrounds.com/company/oxmiq-labs)[**Laser Link** $73M · Mar 2026](https://millionrounds.com/company/laser-link)[**PaXini Tech** $145M · Mar 2026](https://millionrounds.com/company/paxini-tech)[**Home Essentials** $7.7M · Feb 2026](https://millionrounds.com/company/home-essentials)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app