Fabric has raised $13.5 million in a Series A funding round led by Nuveen to enhance its technology development in the EV sector.
Fabric has raised $13.5 million in a Series A funding round led by Nuveen to enhance its technology development in the EV sector.
04/23/25, 12:30 PM
Location
bangaloreMoney raised
$13.5 million
Industry
software
Round Type
series a
Investors
Nuveen
Fabric, a company specializing in EV technology, along with its unit Intellicar, has secured $13.5 million in Series A funding. The investment, led by Nuveen, will support the development of next-generation technology. Founded in 2022 in Bengaluru, the company aims to strengthen its presence in the mobility ecosystem. The funds will help empower millions to adopt sustainable transportation solutions.
Company Info
Location
bangalore, karnataka, india
Additional Info
Fabric is building the EV future by a SAAS platform-- setting up an IoT network infrastructure, platform and deploying various IoT solutions in smart cities, smart home spaces, and among others providing services and future mobility solutions.