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Applied EV finalises $57.8m Series B round co-led by NRF and Barrenjoey. The funds will be used to restructure the company into 'AEV 2.0' and enhance software development for fleets of autonomous vehicles.

PRIVATEJan 27, 2026

Amount Raised

A$57.8 Million

Round Type

Series B

MelbourneManufacturingBiotechnologySoftwareTransportationAutomotiveLogistics

Investors

Japan Post CapitalNational Reconstruction FundBarrenjoey

Description

Applied EV has successfully completed its Series B funding round, raising $57.8 million. Co-led by the National Reconstruction Fund and Barrenjoey, this round aims to restructure the company and enhance its software platform. The funding will also support hiring efforts and focus on customer deployment activities. The company plans an 'AEV 2.0' initiative to improve its logistics solutions.

Quick answer

Applied EV raised A$57.8 Million in a Series B round, dated January 27, 2026. Investors: Japan Post Capital, National Reconstruction Fund and Barrenjoey. Applied EV is based in Melbourne, Victoria, Australia.

How much did Applied EV raise?
Applied EV raised A$57.8 Million in a Series B round on January 27, 2026.
Who invested in Applied EV?
Japan Post Capital, National Reconstruction Fund and Barrenjoey 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.

  • Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
  • Pluto Mobility raised $2M (Seed) on February 19, 2026.
  • Einride raised $113M (Post-IPO Equity) on February 28, 2026.
  • Jetson raised $50M (Series A) on January 20, 2026.
  • RideFlux raised $16M on December 29, 2025.
  • Hadrian raised $131M on December 19, 2025.

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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Company Information

Company

Applied EV

Location

Melbourne, Victoria, Australia

About

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. Their vehicles can be customized for various uses, from compact delivery vans to freight trucks. The company is shifting focus towards software development and enhancing its technology rather than increasing manufacturing operations.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Applied EV raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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