Nuvve
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 1.9m | 2.9m | 4.9m | 8.0m | 24.6m | 51.4m |
| % growth | - | 50 % | 68 % | 63 % | 207 % | 109 % |
| EBITDA | (4.4m) | (26.8m) | (48.8m) | (32.0m) | (22.5m) | (4.4m) |
| % EBITDA margin | (225 %) | (917 %) | (992 %) | (399 %) | (92 %) | (9 %) |
| Profit | (4.9m) | (27.0m) | (24.0m) | (31.3m) | (23.1m) | (5.0m) |
| % profit margin | (251 %) | (923 %) | (489 %) | (391 %) | (94 %) | (10 %) |
| EV / revenue | 67.2x | 75.9x | 1.3x | 1.2x | 0.1x | 0.0x |
| EV / EBITDA | -29.9x | -8.3x | -0.1x | -0.3x | -0.1x | -0.3x |
| R&D budget | 2.9m | 6.5m | 8.0m | 8.8m | - | - |
| R&D % of revenue | 149 % | 223 % | 162 % | 109 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Series A | ||
| N/A | $62.0m | SPAC IPO | |
* | N/A | Support Program | |
* | N/A | $2.1m | Post IPO Equity |
* | N/A | $9.6m | Post IPO Equity |
| Total Funding | - | ||
Related Content
Recent News about Nuvve
EditNuvve Corporation is a global cleantech company that operates at the intersection of energy and transportation. The company specializes in Vehicle-to-Grid (V2G) technology, which allows electric vehicle (EV) batteries to store and discharge energy back to the grid. This innovation optimizes EV charging, lowers the total cost of ownership for EVs, and supports the integration of renewable energy sources like wind and solar into the energy ecosystem.
Nuvve serves a diverse range of clients, including electric vehicle owners, fleet operators, and energy providers. The company primarily operates in the clean energy and transportation markets. Its business model revolves around deploying V2G-enabled charging stations and offering turnkey fleet electrification solutions through its joint venture, Levo, with Stonepeak Partners.
Nuvve generates revenue by providing V2G services, selling and installing charging infrastructure, and offering financing options with no upfront costs. The company also benefits from its patented technology, which positions it as a leader in the V2G space.
Keywords: V2G technology, EV charging, renewable energy, fleet electrification, clean energy, transportation, patented technology, grid integration, cost reduction, turnkey solutions.
