# Innovate UK's Automotive & EVs Investments: 10 Startups in Its Portfolio (2026)

> The 10 Automotive & EVs startups Innovate UK has backed, by stage: $89M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/innovate-uk-automotive-evs-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

8

- [Trojan Energy](https://millionrounds.com/company/trojan-energy)
- [Petalite](https://millionrounds.com/company/petalite)
- [Ulemco](https://millionrounds.com/company/ulemco)
- [Monumo](https://millionrounds.com/company/monumo)
- [Urban Electric Networks](https://millionrounds.com/company/urban-electric-networks)
- [Chassis Autonomy](https://millionrounds.com/company/chassis-autonomy)
- [*E* EVware](https://millionrounds.com/company/evware)
- [OX Delivers](https://millionrounds.com/company/ox-delivers)

## Pre-seed and seed

2

- [TaiSan](https://millionrounds.com/company/taisan)
- [Go Eve](https://millionrounds.com/company/go-eve)

## Segment by segment

### Stage not reported

8 startups · $75M raised

- [**Trojan Energy**](https://millionrounds.com/company/trojan-energy) Trojan Energy is a UK-based clean energy and electric vehicle (EV) charging company founded in 2016 and headquartered in Aberdeen, Scotland. United Kingdom $40M
- [**Petalite**](https://millionrounds.com/company/petalite) Petalite is an electric vehicle charging company. United Kingdom $23M
- [**Ulemco**](https://millionrounds.com/company/ulemco) Ulemco specializes in the development of hydrogen technologies that allows commercial vehicles to run off hydrogen. United Kingdom $10M
- [**Monumo**](https://millionrounds.com/company/monumo) Monumo is a deeptech engineering company focused on creating the world’s best electric motors. United Kingdom $951K
- [**Urban Electric Networks**](https://millionrounds.com/company/urban-electric-networks) We’re building low impact charging infrastructure needed for the mass adoption of electric vehicles in cities and towns across the world. United Kingdom $686K
- [**Chassis Autonomy**](https://millionrounds.com/company/chassis-autonomy) Chassis Autonomy enables autonomous mobility through actuation. Sweden $331K
- [*E* **EVware**](https://millionrounds.com/company/evware) Beautiful HMI & seamless connectivity United Kingdom $178K
- [**OX Delivers**](https://millionrounds.com/company/ox-delivers) We deliver clean, affordable transport in emerging markets, creating a self-reinforcing cycle of economic growth and social impact. United Kingdom $66K

### Pre-seed and seed

2 startups · $14M raised

- [**TaiSan**](https://millionrounds.com/company/taisan) TaiSan is a UK-based battery materials startup founded in 2022 by Sanzhar Taizhan, an expert in Automotive Engineering. United Kingdom $7.9M
- [**Go Eve**](https://millionrounds.com/company/go-eve) Innovations to accelerate the transition to EVs. United Kingdom $6.1M

**How this map is made.** Every startup here works in Automotive & EVs and has raised money in a round we track that names Innovate UK as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Innovate UK's Biotech portfolio** 88 startups · $1.7B](https://millionrounds.com/portfolio-maps/innovate-uk-biotech-portfolio)[Sector portfolio **Innovate UK's AI portfolio** 65 startups · $872M](https://millionrounds.com/portfolio-maps/innovate-uk-ai-portfolio)[Sector portfolio **Innovate UK's Healthtech portfolio** 57 startups · $287M](https://millionrounds.com/portfolio-maps/innovate-uk-healthtech-portfolio)[Sector portfolio **Innovate UK's Agtech portfolio** 34 startups · $107M](https://millionrounds.com/portfolio-maps/innovate-uk-agtech-portfolio)[Sector portfolio **Innovate UK's IT Services portfolio** 17 startups · $152M](https://millionrounds.com/portfolio-maps/innovate-uk-it-services-portfolio)[Sector portfolio **Innovate UK's Big Data & Analytics portfolio** 17 startups · $118M](https://millionrounds.com/portfolio-maps/innovate-uk-big-data-analytics-portfolio)

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