EVAR Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 42

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 23

EVAR General Information

Description

Developer of electric vehicle charging systems designed to address social issues surrounding electric vehicle charging while preserving the environment. The company's systems include chargers and automatic recharging robots that drive autonomously, detect potential hazards, and identify charge-requested vehicles through license plates or QR code recognition, enabling electric car owners to have a simple power infrastructure to charge their vehicles anytime and anywhere.

Contact Information

Website
www.evar.co.kr
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 420, 4th Floor, 42, Changeop-ro
  • Sujeong-gu
  • Seongnam, Gyeonggi-do
  • South Korea
+82
Primary Industry
Automotive
Other Industries
Environmental Services (B2B)
Vertical(s)
CleanTech, Manufacturing, Robotics and Drones, Climate Tech
Corporate Office
  • 420, 4th Floor, 42, Changeop-ro
  • Sujeong-gu
  • Seongnam, Gyeonggi-do
  • South Korea
+82

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EVAR Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Accelerator/Incubator Completed Generating Revenue
3. Later Stage VC (Series B) 05-Jul-2023 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Aug-2021 $4.8M $18.9M Completed Generating Revenue
1. Seed Round 01-Jan-2019 $14.2M $14.2M Completed Generating Revenue
To view EVAR’s complete valuation and funding history, request access »

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EVAR Patents

  • 38

    Total Documents Applications and Grants

  • Total Patents Families

  • 9

    Granted

  • 10

    Pending

  • Expiring in next 12 mo

EVAR Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250303909-A1 Electric vehicle charging system comprising plurality of batteries, and power supply method using same Pending 14-Dec-2022
WO-2024128551-A1 Electric vehicle charging system comprising plurality of batteries, and power supply method using same Inactive 14-Dec-2022
WO-2024063453-A1 Docking connector assembly Inactive 22-Sep-2022
JP-2025529639-A System and method for providing electric vehicle charging service through automated authentication process based on short-range wireless communication Pending 24-Aug-2022
WO-2024043724-A1 System and method for providing electric vehicle charging service via automated authentication process based on short-distance wireless communication Inactive 24-Aug-2022
To view EVAR’s complete patent history, request access »

EVAR Signals

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Growth
Weekly Growth

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Median
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EVAR Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds
Envisioning Partners Impact Investing Minority
Hanwha Investments Corporate Venture Capital Minority
Hanwha Investment & Securities Company Asset Manager Minority
Korea Development Bank VC-Backed Company Minority
Orix Jreit Real Estate Minority
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EVAR FAQs

  • When was EVAR founded?

    EVAR was founded in 2018.

  • Where is EVAR headquartered?

    EVAR is headquartered in Seongnam, South Korea.

  • What is the size of EVAR?

    EVAR has 42 total employees.

  • What industry is EVAR in?

    EVAR’s primary industry is Automotive.

  • Is EVAR a private or public company?

    EVAR is a Private company.

  • What is EVAR’s current revenue?

    The current revenue for EVAR is .

  • How much funding has EVAR raised over time?

    EVAR has raised $36.7M.

  • Who are EVAR’s investors?

    Envisioning Partners, Hanwha Investments, Hanwha Investment & Securities Company, Korea Development Bank, and Orix Jreit are 5 of 23 investors who have invested in EVAR.

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