Firm type · Focus area

EV Government-backed Investors

The RaiseHunt database lists 47 EV government-backed investors: all of them list a portfolio, 408 known investments between them and 169 people at those firms have a profile here. That is the overlap between 1,125 government-backed investors and 608 EV investment firms. Most list Seed and Series A among the rounds they take part in; the largest concentrations are in Toronto, Washington and Beijing.

Part of government-backed investors and EV investment firms.

Strongest in Toronto, Washington and Beijing

Backing rounds at Seed and Series A

47: Investment firms
47: With a known portfolio
408: Known investments
169: People with a profile

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47 EV government-backed investors

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Government-backed1,125 EV608

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Firm	Location	Type	Markets	Actions
Massachusetts Clean Energy Center	Boston, United States	Government-backed	AIClimate	View fund
Michigan Economic Development	Lansing, United States	Government-backed	ConsumerHardware	View fund
Proparco	Paris, France	Government-backedVenture debt	ClimateCommerce	View fund
SmartCap	City Centre, Estonia	Fund of fundsGovernment-backed	AIClimate	View fund
SD State Development & Investment	Beijing, China	Government-backed	ClimateHardware	View fund
TI Technology Innovation Agency	Johannesburg, South Africa	Government-backed	ClimateConsumer	View fund
TE The Export-import Bank Of Korea	Delhi, India	Government-backedVenture debt	ClimateConsumer	View fund
Washington State Department of Commerce	Olympia, United States	Government-backed	ClimateEducation	View fund
MSIP	Dundee, United Kingdom	AcceleratorGovernment-backed	ClimateHardware	View fund
PGGM Investments	Zeist, Netherlands	Government-backed	ClimateCommerce	View fund
City of Baltimore	Baltimore, United States	Government-backed	ClimateEducation	View fund
IR India Renewable Energy Development Agency	Delhi, India	Government-backed	ClimateFinTech	View fund
National Investment and Infrastructure Fund (NIIF)	Mumbai, India	Fund of fundsGovernment-backed	ClimateHardware	View fund
HP Hindustan Petroleum Corporation	Mumbai, India	Corporate VCGovernment-backed	AIClimate	View fund
KT Korea Trade Insurance	Washington, United States	Government-backed	ClimateCommerce	View fund
BI Beijing Infrastructure Investment	Beijing, China	Government-backedPrivate equity	ClimateHardware	View fund
TI Tamilnadu Industrial Development	Chennai, India	Government-backed	ClimateFinTech	View fund
Invest Ontario	Toronto, Canada	Government-backed	ClimateHardware	View fund
TM Tasaru Mobility Investments	Riyadh, Saudi Arabia	Government-backed	AIClimate	View fund
State of Michigan	Lansing, United States	Government-backed	ClimateEducation	View fund

Data: RaiseHunt investor dataset · Snapshot 2 October 2026 · How this data is built · Report a correction or request removal