# Automotive & EVs startup funding, September 2026: Simple Energy's $180M Series C leads 11 rounds > We read 11 equity rounds in Automotive & EVs announced in September 2026, raising $657M between them: 3% of all the rounds we read that month and 2% of the... Source: https://millionrounds.com/news/monthly/2026-09/sector/automotive (Millionrounds; every figure on the page links to its filing or article) Equity rounds **11** in Automotive & EVs, 11 with an amount Raised **$657M** across those rounds Lead named **91%** of rounds say who led Share of the month **3%** of rounds; 2% of the money ## The biggest rounds - [1 **Simple Energy** Series C · India · led by Dr. Arokiaswamy Velumani Family Office **$180M**](https://millionrounds.com/company/simple-energy) - [2 **SemiDrive** Series C · China **$150M**](https://millionrounds.com/company/semidrive) - [3 **SiMa.ai** Series C · United States · led by Fidelity, Amplify Partners **$150M**](https://millionrounds.com/company/sima-ai) - [4 **Amber Electric** Series E · Australia · led by 1GT, Morgan Stanley Investment Management's 1GT **$56M**](https://millionrounds.com/company/amber-electric) - [5 **Ultraviolette Automotive** Series E · India · led by TDK Ventures, Yali Capital **$39M**](https://millionrounds.com/company/ultraviolette-automotive) - [6 A **ARC Ride** Growth · Kenya · led by Novastar Ventures, Norrsken22 **$33M**](https://millionrounds.com/company/arc-ride) - [7 **Beep, Inc.** Series B · United States **$20M**](https://millionrounds.com/company/beep-inc) - [8 D **DYU** Pre-Series B · China · led by Tongxin Capital **$15M**](https://millionrounds.com/company/dyu) - [9 C **Carrum Mobility** Series B · India · led by Alven **$10M**](https://millionrounds.com/company/carrum-mobility) - [10 **Depotcharge** Pre-seed · Germany · led by HTGF High-Tech Gründerfonds **$3.1M**](https://millionrounds.com/company/depotcharge) ## Day by day Equity rounds in Automotive & EVs announced each day of September. The busiest day was 9 September, with 3. 1 September 30 September ## By stage, against the year Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors. [Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *1* **$3.1M** this month **$2.0M** 12 months, all sectors [Seed](https://millionrounds.com/benchmarks/seed) *1* **$674K** this month **$5.5M** 12 months, all sectors [Series B](https://millionrounds.com/benchmarks/series-b) *2* **$15M** this month **$50M** 12 months, all sectors [Series C](https://millionrounds.com/benchmarks/series-c) *3* **$150M** this month **$100M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *1* **$33M** this month **$113M** 12 months, all sectors ## Where - [India](https://millionrounds.com/news/monthly/2026-09/india) **3** - [China](https://millionrounds.com/news/monthly/2026-09/china) **2** - [United States](https://millionrounds.com/news/monthly/2026-09/united-states) **2** - Kenya **1** - [United Kingdom](https://millionrounds.com/news/monthly/2026-09/united-kingdom) **1** - [Germany](https://millionrounds.com/news/monthly/2026-09/germany) **1** - [Australia](https://millionrounds.com/news/monthly/2026-09/australia) **1** India had the most Automotive & EVs rounds this month. ## Against the month - Rounds, Automotive & EVs **11** - Rounds, all sectors **357** - Raised, Automotive & EVs **$657M** - Raised, all sectors **$39B** [The whole of September 2026](https://millionrounds.com/news/monthly/2026-09) ## Other sectors in September [195 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-09/sector/ai)[51 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/fintech)[39 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-09/sector/healthcare)[30 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/big-data)[27 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/biotech)[25 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/robotics)[24 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cybersecurity)[23 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/hardware)[22 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-09/sector/enterprise-software)[21 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-09/sector/software)[21 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-09/sector/energy)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-09/sector/construction)[20 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/healthtech)[20 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-09/sector/saas)[19 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/logistics)[17 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-09/sector/manufacturing)[16 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cleantech)[14 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-09/sector/aerospace)[14 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/defensetech)[13 rounds **Telecoms** *→*](https://millionrounds.com/news/monthly/2026-09/sector/telecom)[13 rounds **Semiconductors** *→*](https://millionrounds.com/news/monthly/2026-09/sector/semiconductors)[13 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/climate)[10 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cloud) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)