Harbinger Valuation, Funding & Investors

Zaptec ASA is a technology company within Electronic vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables a large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.

Stark Future is a Barcelona-headquartered manufacturer of electric motocross motorcycles founded in 2019. The company produces the Stark VARG model, featuring 80 horsepower, a silent electric motor, smartphone-integrated dashboard, and customizable setup via mobile app. Stark Future incorporates dozens of patents in battery and chassis technology to deliver high-performance off-road vehicles aimed at reducing emissions in motorsports.

Einride AB is a technology company that develops and operates digital, electric, and autonomous freight solutions. Its platform includes planning and optimization tools, autonomous technologies, electric heavy-duty vehicle fleets, and charging infrastructure. It serves customers across North America, Europe, and the Middle East. The company's solutions support customers in transitioning logistics operations to electric and autonomous systems. Its business model includes Freight-Capacity-as-a-Service (FCaaS) and Software-as-a-Service (SaaS) offerings delivered through an AI-based platform that manages aspects of electric and autonomous operations.

Solid Power Inc is engaged in solid-state battery technology and manufacturing processes. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. Its commercialization plan is to manufacture and sell electrolytes to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs) that choose to produce its battery cells.

Shanghai Phoenix Enterprise (Group) Co Ltd designs, develops, manufactures, and sells bicycles under the Phoenix brand name in China. Its production and sales of Phoenix brand bicycle products not only exported to Europe and the United States and other international markets.

Pure Watercraft is a designer and manufacturer of battery-electric outboard propulsion systems for recreational and commercial boats. Based in the United States with production in Denver, Colorado, its 50-175 horsepower motors deliver quiet, zero-emission performance up to 50 nautical miles range. Compatible with boats from 16 to 50 feet, the systems integrate lithium-ion batteries and digital displays, reducing fuel costs by over 90 percent compared to gas engines.

Battery Smart is a Delhi-headquartered network operating over 1,000 battery swapping stations for electric two-wheelers and three-wheelers across 35 Indian cities. Founded in 2019, it deploys interoperable 48V lithium-ion twin battery packs compatible with Bajaj, Piaggio, and Mahindra e-rickshaws, enabling 60-kilometer range per swap.

Kempower Corp designs, manufactures and commercializes charging solutions and services for electric vehicles and machines. Geographically, it derives a majority of its revenue from Rest of Europe regions and it also has a presence in Nordics, North America and Rest of the World. Its charging solutions include Kempower Power Unit; Kempower Movable Charger; Kempower Station Charger; Kempower ChargEye for Depots; Kempower ChargEye for CPOs and others.

DST Car is a Shenzhen-based new-energy vehicle fleet operator, founded in 2015 by Zhang Haiying, that provides electric truck and van rental and operational services to China's logistics industry. Its digital platform lets clients and drivers monitor vehicle and battery data, plan routes, and manage the EV life cycle, while the company also runs charging, fleet repair, maintenance, and insurance services through a large network of service stations and charging piles. DST has grown into the largest logistics EV operations platform in China, supporting a large fleet across hundreds of cities.

Upway is an e-commerce marketplace specializing in refurbished electric bicycles with warranties and delivery. Paris-headquartered since 2020, it sources bikes from private sellers and fleets, refurbishing over 100 checkpoints on batteries, motors, and frames. Upway offers city, cargo, MTB, and folding models from brands like Specialized and Trek, operating in France, Germany, and the Netherlands with trade-in programs.

Zunder is an electric vehicle charging network operator headquartered in Madrid, Spain. The company deploys fast-charging stations at destinations including hotels, restaurants, and supermarkets across Spain and Portugal. Chargers support solar energy capture through integrated panels on station roofs, enabling grid contributions during low-demand periods. Zunder's app facilitates pay-per-use access without mandatory subscriptions. Launched in 2020, the network emphasizes bidirectional energy flow and seamless integration for EV drivers traveling the Iberian Peninsula.

Lordstown Motors is a Warren, Ohio-headquartered electric vehicle maker founded in 2018 producing the Endurance pickup truck for fleets with 250-mile range and 500-mile towing capacity. Its 620-acre factory assembles 20,000 units yearly using in-house hub motors. Facilities span Farmington Hills, Michigan, and Irvine, California, following Chapter 11 restructuring in 2023 under AABC Newco.

RattanIndia Enterprises Ltd is an investment holding company. The company focuses on businesses such as e-commerce, electric vehicles, fintech, and drones. The segments of the company are Retail- E-commerce business, EV (E-Motorcycles), and Investments. The company generates maximum revenue from the Retail- E-commerce business segment.

Eve Holding Inc is a provider of Urban Air Mobility solutions. The company's operating segments are; eVTOL that includes; the design and production of electric vertical take-off and landing vehicles (eVTOLs) including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators; Service and Operations Solutions segment which includes a portfolio of maintenance and support services focused on its and third-party eVTOLs; and the UATM segment , a new Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in dense urban airspace alongside conventional aircraft and drones.

Phylion Battery, founded in 2003 and based in Suzhou, China, researches, develops, manufactures, and sells lithium-ion batteries for electric bicycles, electric logistics vehicles, electric vehicles, and energy storage systems. The company holds international patents for its lithium manganese anode material and operates production bases in Suzhou and Chuzhou along with subsidiaries in Europe and India, exporting batteries to 22 countries. Phylion has sold more than 21 million battery units cumulatively and has led global light-electric-vehicle battery sales for four consecutive years, complementing its core technology with high-energy iron lithium chemistry for specialized applications.