Virginia Startup Torev Motors Closes Pre-Seed Round, Backed by Climate VC
Arlington, Virginia — On Friday, Torev Motors closed an oversubscribed venture-backed pre-seed fundraising round with climate-focused venture capital firm BetterWay as the lead investor. Torev has gathered leaders in climate and sustainability investing, with other VC participants in the round including EcoSphere Ventures, Climate Avengers, and Intbox Ventures. Torev has now raised over $1 million in…
Torev CEO Wins 3rd Place at DOE EPIC Pitch Competition
Minneapolis, Minnesota — Torev Founder and CEO Rory Brogan won 3rd place at the Department of Energy (DOE) Office of Technology Transitions (OTT) Energy Program for Innovation Clusters (EPIC) pitch competition in Minneapolis on Wednesday. The pitch competition was an event at the 2024 DOE Small Business Forum & Expo, and the award Torev received…
Virginia-Based Torev Motors Wins Global Automotive & Mobility Innovation Challenge
Press Release | April 16, 2024 Detroit, Michigan — Torev Motors won the Global Automotive & Mobility Innovation Challenge (GAMIC) on Monday in Detroit, Michigan. GAMIC is an innovation-driven organization that works to identify innovative companies, cultivate new technologies and solutions, and hasten their adoption into the automotive and mobility industries. Each year, GAMIC holds a…