Yasa Motors, a spin-out of Oxford University, has secured a £5m ($8.31m) investment round to support the development of its electric motors.

Parkwalk Advisors, a venture capital investor, led the round into the UK-based firm. The additional funds will be used to increase both production capacity and its commercial activities.

Chris Harris, chief executive of Yasa Motors, said: “We are naturally delighted at the support shown by our investors who share our view of the potential for our highly differentiated…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?