Applied Electric Vehicles raised $40 million in a Series B round, led by the Australian government’s National Reconstruction Fund, to support its development of driverless EVs.
Amount Raised
A$40 Million
Round Type
Series B
MelbourneManufacturingBiotechnologySoftwareTransportationAutomotiveLogisticsInvestors
Description
Applied Electric Vehicles, founded in 2015, has developed driverless EVs for businesses in remote and dangerous conditions. The company secured $40 million in new funding from notable investors including Japan Post Capital and Suzuki Motor. This funding aims to enhance their operational capabilities in sectors like mining and industrial sites. The round was backed by the Australian government's National Reconstruction Fund.
Quick answer
Applied EV raised A$40 Million in a Series B round, dated August 25, 2026. Investors: Japan Post Capital, Suzuki Motor, Investible and Australian Government’s National Reconstruction Fund. Applied EV is based in Melbourne, Victoria, Australia.
- How much did Applied EV raise?
- Applied EV raised A$40 Million in a Series B round on August 25, 2026.
- Who invested in Applied EV?
- Japan Post Capital, Suzuki Motor, Investible and Australian Government’s National Reconstruction Fund are named as investors in this round.
- What does Applied EV do?
- Applied EV, founded in 2015 and based in Melbourne, specializes in developing the sixth generation of Blanc Robot, a cabinless electric vehicle designed for logistics solutions.
- Where is Applied EV based and how big is it?
- Applied EV is based in Melbourne, Victoria, Australia. Fundz records about 113 employees.
- Who are the decision-makers at Applied EV?
- Fundz holds 1 contact at Applied EV. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Applied EV that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- White Rhino raised $100M (Series C) on October 9, 2026.
- Rivian Automotive raised $1B (Debt Financing) on October 7, 2026.
- Parallel Systems, Inc. raised $100M (Series C) on October 7, 2026.
- Wiremind raised $39M on October 6, 2026.
- Simple Energy raised $182M (Series C) on September 30, 2026.
Who to call at Applied EV, and when
A new round usually means Applied EV is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Applied EV raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Applied EV, from your own LinkedIn network
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Funding Insights
What this usually meansApplied EV raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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