Tevva - About the company
Tevva is a series B company based in Chelmsford (United Kingdom), founded in 2013 by Asher Bennett and Moria Bennett. It operates as a Manufacturer of electric trucks. Tevva has raised $173M in funding from Bharat Forge. The company has 189 active competitors, including 48 funded and 23 that have exited. Its top competitors include companies like Aurora, Kodiak Robotics and EKA.
Company Details
Manufacturer of electric trucks. The company is involved in the design and development of electric and hydrogen trucks. The vehicles are equipped with technologies like dual motor systems, electronic braking systems, and more.
- Website
- tevva.com
- Email ID
- *****@tevva.com
- Phone Number
- +44 **********
- Registered Address
- 37 Hanbury Road, Chelmsford, England, CM1 3AE
Key Metrics
Founded Year
2013
Location
Chelmsford, United Kingdom
Stage
Series B
Total Funding
$173M in 6 rounds
Latest Funding Round
Investors
Ranked
19th among 189 active competitors
Employee Count
31 as on Feb 28, 2026
Similar Companies
Legal entities associated with Tevva
Tevva is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Tevva Motors Limited CIN: 8368694 , Germany, Active | Jan 20, 2013 | - | 67 (As on Dec 31, 2020) | |
Tevva Motors Ltd CIN: 1848308 , United States, Active | $1 - $1M (As on May 26, 2022) | - | - |
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Tevva's funding and investors
Tevva has raised a total funding of $173M over 6 rounds. Its first funding round was on Jun 12, 2018. Tevva has 7 institutional investors.
Here is the list of recent funding rounds of Tevva:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2022 | 2279364 | Series B | 9748058 | 7086270 | 4668277 | 6221362 |
Nov 16, 2021 | 1414726 | Series B | 1788753 | 3385905 | 6178791 | 2820924 |
Oct 04, 2021 | 2193377 | Grant (prize money) | 5765187 | 8547229 | 9599184 |
View details of Tevva's funding rounds and investors
Tevva's founders and board of directors
Founder? Claim ProfileThe founders of Tevva are Asher Bennett and Moria Bennett.
Here are the details of Tevva's key team members:
- Asher Bennett: Co-Founder & CEO of Tevva and founder of 1 other company.
- Moria Bennett: Co-Founder of Tevva.
View details of Tevva's Founder profiles and Board Members
Tevva's employee count trend
Tevva has 31 employees as of Feb 26. Here is Tevva's employee count trend over the years:
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Tevva's Competitors and alternates
Top competitors of Tevva include Aurora, Kodiak Robotics and EKA. Here is the list of Top 10 competitors of Tevva, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aurora 2017, Mountain View (United States), Public | Developer of self-driving technology for integration into freight operations | $693M | 79/100 | |
2nd | Kodiak Robotics 2018, Palo Alto (United States), Public | Developer of AI-powered ground autonomy solutions for trucking, defense, industrial | $165M | 73/100 | |
3rd | Platform offering electric commercial vehicles including trucks, buses, and small carriers | $179M | 72/100 | ||
4th | PlusAI 2016, Santa Clara (United States), Series C | Developer of autonomous driving technology for integration into factory-built trucks | $720M | 69/100 | |
5th | TuSimple 2015, San Diego (United States), Public | AI-powered provider of self-driving solutions for trucks | $648M | 69/100 | |
6th | Gatik 2017, Mountain View (United States), Series B | Operator of autonomous trucking solutions for middle-mile logistics operations | $152M | 68/100 | |
7th | Nikola Motor 2015, Phoenix (United States), Public | Developer of electric trucks | $760M | 68/100 | |
8th | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 68/100 | |
9th | Provider of end-to-end solutions for electric and autonomous freight transport | $865M | 68/100 | ||
10th | Oxa 2014, Oxford (United Kingdom), Series D | Online platform offering autonomy software for self-driving vehicles | $349M | 67/100 | |
19th | Tevva 2013, Chelmsford (United Kingdom), Series B | Manufacturer of electric trucks | $173M | 58/100 |
Looking for more details on Tevva's competitors? Click here to see the top ones
Tevva's Investments and acquisitions
Tevva has made no investments or acquisitions yet.
Reports related to Tevva
Here is the latest report on Tevva's sector:
News related to Tevva
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Tevva launches legal action against ElectraMeccanica in wake of scrapped merger dealMotortransport•Nov 03, 2023•Tevva, ElectraMeccanica
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ElectraMeccanica calls off merger with electric truck maker Tevvaelectrive.com•Oct 24, 2023•ElectraMeccanica, Tevva
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ElectraMeccanica Terminates Arrangement Agreement With TevvaBusiness Wire•Oct 05, 2023•ElectraMeccanica, Tevva
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Electric truck maker Tevva merges with ElectraMeccanicaelectrive.com•Aug 18, 2023•Tevva, ElectraMeccanica, Mira Technology Park
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Halper Sadeh LLC Investigates CTG, AREN, SOLOPR Newswire•Aug 16, 2023•Halper Sadeh, Avento, Computer Task Group, The Arena Group and 3 others
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Tevva partners with Alltruck for aftersales service supportAmerican Journal of Transportation•Jul 27, 2023•Tevva, Alltruck
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Tevva develops a four-times more efficient ‘regen braking system’Machinery-Market•Jul 20, 2023•Tevva, ZF
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