# VEMO funding: rounds and investors > VEMO has raised $314M across 2 rounds since 2025. Investors include Vision Ridge Partners, Banco Covalto and Kapital. Every round with its source. Source: https://millionrounds.com/company/vemo (Millionrounds; every figure on the page links to its filing or article) Mexico · [Growth startup](https://millionrounds.com/companies) # Who invested in *VEMO* 2 rounds we have observed, with the 5 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 Follow VEMO and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fvemo) Funding summary Updated 5 Nov 2026 **$314M** raised across 2 rounds since 2025, from 3 sources **$64M** Debt **$250M** Growth - **Latest round:** Growth, $250M Sept 2025 - **Led by:** Vision Ridge Partners - **Step-up i:** 3.9× - **Investors:** 5 (5 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. 2026 **$64M** Debt **$250M** Growth - **First round:** Debt, $64M - **Biggest round:** $250M - **Between rounds:** 6 months ## The rounds - **Sept 2025** Growth **$250M** *1 new* [Vision Ridge Partners](https://millionrounds.com/fund/vision-ridge-partners) Lead Reported by LatamList - **Feb 2025** Debt **$64M** *4 new* [Banco Covalto](https://millionrounds.com/fund/banco-covalto) Lead [Kapital](https://millionrounds.com/fund/kapital) Lead [Beel Credit](https://millionrounds.com/fund/beel-credit) Lead [Promecap](https://millionrounds.com/fund/promecap) Lead Reported by LatamList and 1 other ## 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. **Debt** 2025 **Growth** 2025 [Vision Ridge Partners](https://millionrounds.com/fund/vision-ridge-partners) L [Banco Covalto](https://millionrounds.com/fund/banco-covalto) L [Kapital](https://millionrounds.com/fund/kapital) L [Beel Credit](https://millionrounds.com/fund/beel-credit) L [Promecap](https://millionrounds.com/fund/promecap) L ## Everyone who backed them [Vision Ridge Partners](https://millionrounds.com/fund/vision-ridge-partners) Private equity **1** round, led 1 [Banco Covalto](https://millionrounds.com/fund/banco-covalto) Investment firm **1** round, led 1 [Kapital](https://millionrounds.com/fund/kapital) VC firm **1** round, led 1 [Beel Credit](https://millionrounds.com/fund/beel-credit) Investment firm **1** round, led 1 [Promecap](https://millionrounds.com/fund/promecap) Private equity **1** round, led 1 Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vemo). ## Also claim to have backed them These 2 firms list VEMO as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Orion Energy Partners](https://millionrounds.com/fund/orion-energy-partners) VC firm Per its own site [OIC](https://millionrounds.com/fund/oic) VC firm Per its own site ## Quick answers about VEMO ### Who invested in VEMO? VEMO's investors include Vision Ridge Partners, Banco Covalto, Kapital, Beel Credit and Promecap. Vision Ridge Partners led its latest round. ### How much has VEMO raised? VEMO has raised $314M across 2 rounds since 2025. ### When did VEMO last raise? VEMO's most recent round was a Growth of $250M in Sept 2025, led by Vision Ridge Partners. ### What was VEMO's biggest round? Its most recent round, $250M in Sept 2025, is also its largest on record. ### Who backed VEMO first? VEMO's first round on record, in Feb 2025, was backed by Banco Covalto, Kapital and Beel Credit and 1 others. ### What stage is VEMO at? VEMO's latest named round is a Growth, in Sept 2025. ### Where is VEMO based? VEMO is based in Mexico. ### Who led VEMO's rounds? Banco Covalto led the Debt in 2025; Vision Ridge Partners led the Growth in 2025. ## Companies like VEMO In the same sector, and raised in the last eighteen months. [**Mundi** $153M · Sept 2026](https://millionrounds.com/company/mundi)[**Nexu** $163M · Jul 2026](https://millionrounds.com/company/nexu)[**SPAKIO** $1.3M · Jun 2026](https://millionrounds.com/company/spakio)[**Solfium** $10M · Nov 2025](https://millionrounds.com/company/solfium)[**OCN** Jul 2025](https://millionrounds.com/company/ocn)[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai) ## 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