# PE firms backing Automotive & EVs (2026 list)

> 191 PE firms backing Automotive & EVs, 83% active in the last 12 months. Led by Gaingels, Goldman Sachs, Citibank. Ranked by what they funded.

Source: https://millionrounds.com/lists/pe-firms-automotive (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# PE firms backing Automotive & EVs

Updated 7 November 2026

PE firms we have observed in an automotive & EVs round in the last two years.

[See all 191 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-automotive)The top 25

**191** investors on the list *+5* this week

**1,540** cheques in 12 months *+10%* against the market

**$80M** median round they joined *+900%* against the market median

**83%** wrote a cheque in 12 months

**51%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 2 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 3 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 4 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen
- 5 [IDG Capital](https://millionrounds.com/fund/idg-capital) *Deploying now* Private equity · China **504** **$25M** median round **Oct 2026** last seen
- 6 [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) *Deploying now* Private equity · United States **288** **$56M** median round **Oct 2026** last seen
- 7 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen
- 8 [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) *Deploying now* Private equity · United States **260** **$124M** median round **Oct 2026** last seen
- 9 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen
- 10 [TPG](https://millionrounds.com/fund/tpg) *Deploying now* Private equity · United States **205** **$91M** median round **Nov 2026** last seen
- 11 [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) *Deploying now* Private equity · United States **198** **$64M** median round **Nov 2026** last seen
- 12 [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) *Deploying now* Private equity · United Kingdom **178** **$115M** median round **Oct 2026** last seen
- 13 [DST Global](https://millionrounds.com/fund/dst-global) *Deploying now* Private equity · United Kingdom **158** **$81M** median round **Oct 2026** last seen
- 14 [Bond](https://millionrounds.com/fund/bond) *Deploying now* Growth equity · United States **154** **$47M** median round **Sept 2026** last seen
- 15 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen
- 16 [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) *Deploying now* Private equity · United States **136** **$400M** median round **Nov 2026** last seen
- 17 [Smilegate Investment](https://millionrounds.com/fund/smilegate-investment) *Deploying now* Growth equity · South Korea **122** **$5.4M** median round **May 2026** last seen
- 18 [Apollo](https://millionrounds.com/fund/apollo-global-management) *Deploying now* Private equity · United States **114** **$55M** median round **Oct 2026** last seen
- 19 [WndrCo](https://millionrounds.com/fund/wndrco) *Deploying now* Private equity · United States **114** **$15M** median round **Sept 2026** last seen
- 20 [L Catterton](https://millionrounds.com/fund/l-catterton) *Deploying now* Private equity · United States **110** **$34M** median round **Oct 2026** last seen
- 21 [S2G Investments](https://millionrounds.com/fund/s2g-investments) *Deploying now* Growth equity · United States **102** **$16M** median round **Oct 2026** last seen
- 22 [Blackstone Group](https://millionrounds.com/fund/blackstone-group) *Deploying now* Private equity · United States **98** **$200M** median round **Sept 2026** last seen
- 23 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) *Deploying now* Growth equity · United States **96** **$3M** median round **Oct 2026** last seen
- 24 [GIC](https://millionrounds.com/fund/gic) *Deploying now* Private equity · Singapore **92** **$200M** median round **Oct 2026** last seen
- 25 [Mubadala](https://millionrounds.com/fund/mubadala) *Deploying now* Private equity · United Arab Emirates **91** **$80M** median round **Sept 2026** last seen

**166 more on this list**

All 191 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-automotive)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[Arka Fincap](https://millionrounds.com/company/arka-fincap)** Other *Led by* [TPG](https://millionrounds.com/fund/tpg)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Capricorn's Technology Impact Fund](https://millionrounds.com/fund/capricorn-s-technology-impact-fund)
- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [• Ark Invest](https://millionrounds.com/fund/ark-invest)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- **5** Nov **[Nyle](https://millionrounds.com/company/nyle)** Series C *With* [Yucho Asset Management](https://millionrounds.com/fund/yucho-asset-management)

## Stages This Year

1,254 rounds

- Venture **18%**
- Debt **15%**
- Series A **11%**
- Other **10%**
- Growth **8%**
- Other **38%**

## What They Backed

Sectors, last 12 months

- AI **409**
- Biotech **104**
- Fintech **102**
- Automotive & EVs **75**
- Energy **73**
- Financial Services **64**

## Cheques by Quarter

Led Joined

322 Q1 25

332 Q2 25

389 Q3 25

515 Q4 25

497 Q1 26

405 Q2 26

308 Q3 26

123 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in mobility and logistics

- Tesla Motors: How Elon Musk and Company Made Electric Cars Cool, and Sparked the Next Tech Revolution Charles Morris · 2014 4.28 from 202 ratings on Goodreads Mobility and logistics Company building About the book In twelve years of existence, Tesla Motors has achieved many amazing feats. The most trusted sources in the auto industry have called its Model S the most advanced, safest and best-performing car ever built - and it doesn’t use a drop of gasoline. Tesla has changed the way the… On AmazonListen on Audible
- Empires of the Sky: Zeppelins, Airplanes, and Two Men's Epic Duel to Rule the World Alexander Rose · 2020 4.34 from 637 ratings on Goodreads Mobility and logistics About the book At the dawn of the twentieth century, when human flight was still considered an impossibility, Germany's Count von Zeppelin vied with the Wright Brothers to build the world's first successful flying machine. As the Wrights labored to invent the airplane, Zeppelin fathered the… On AmazonListen on Audible
- Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil Hamish McKenzie · 2018 3.70 from 784 ratings on Goodreads Mobility and logistics Company building About the book "You'll tell me if it ever starts getting genuinely insane, right?" --Elon Musk, TED interview Hamish McKenzie tells how a Silicon Valley start-up's wild dream came true. Tesla is a car company that stood up against not only the might of the government-backed Detroit car… On AmazonListen on Audible
- Wild Ride: Inside Uber's Quest for World Domination Adam Lashinsky · 2017 3.67 from 968 ratings on Goodreads Mobility and logistics Company building Moats and competition About the book In your pocket is something amazing: a quick and easy way to summon a total stranger who will take you anywhere you'd like. In your hands is something equally amazing: the untold story of Uber's meteoric rise, and the massive ambitions of its larger-than-life founder and… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=mobility).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about PE firms backing Automotive & EVs

### Who are the most active PE firms backing Automotive & EVs?

By cheques observed, the most active are Gaingels, Goldman Sachs, Citibank, Pioneer Fund and IDG Capital.

### How many PE firms backing Automotive & EVs are there?

191 are on record. 83% made an investment in the last 12 months and 51% have led a round.

### Which stages do PE firms backing Automotive & EVs back?

Of the rounds with a named stage in the last 12 months, mostly Debt (22%) and Series A (17%).

### How big are the rounds PE firms backing Automotive & EVs join?

The typical (median) round among the leading investors here is $55M.

### Which sectors do PE firms backing Automotive & EVs back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which PE firms backing Automotive & EVs lead the most rounds?

General Atlantic (32 led), Goldman Sachs (22 led) and GIC (17 led).

### Where are PE firms backing Automotive & EVs based?

Among the most active, most are based in the United States (17), the United Kingdom (3) and China (1).

### What have PE firms backing Automotive & EVs invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Harbinger (Series D+, Nov 2026, with Capricorn's Technology Impact Fund) and Soter Insure (Series B, Nov 2026, with Franklin Templeton).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)