Funding round
Slate Auto Series A
Slate Auto, which works in electric vehicle manufacturing in Troy, raised $700M in a Series A round announced on 24 May 2025. 3 firms took part. It is Slate Auto's first venture round on record.
$700M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Slate Auto did not disclose a valuation in this round. It is Slate Auto's first venture round on record, 3 years after it was founded in 2022. It is 52% of the $1.35B Slate Auto has raised in the venture rounds on record. Slate Auto raised again 11 months later: a Series C round of $650M in Apr 2026.
Slate Auto's funding rounds
Slate Auto has 2 venture rounds on record. This one is highlighted.
- Series A this round 24 May 2025 $700M
- Series C 13 Apr 2026, led by TWG Global $650M
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- General Catalyst backs 574 venture-backed companies new investor
- Bezos Expeditions new investor
- backs 4 venture-backed companies new investor
Comparable rounds
How it compares
9 Series A rounds in Automobile Dealers & Manufacturers within a year either side disclosed an amount; the median was $16M, and this round was 45 times the median. The closest in time, other companies' Series A rounds in Automobile Dealers & Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Automobile Dealers & Manufacturers | 19 May 2025 | $16M | not disclosed | Development Partners International |
| Automobile Dealers & Manufacturers | 8 May 2025 | $5.0M | $33M | Arkam Ventures |
| Automobile Dealers & Manufacturers | 20 Aug 2025 | $14M | not disclosed | Infinity Ventures |
| Automobile Dealers & Manufacturers | 23 Sep 2025 | $20M | not disclosed | Spero and Yves Béhar |
| Automobile Dealers & Manufacturers | 19 Oct 2025 | $57M | not disclosed | National Investment and Infrastructure Fund |
| Automobile Dealers & Manufacturers | 26 Nov 2025 | $14M | not disclosed | Mahanagar Gas Limited |
| Automobile Dealers & Manufacturers | 12 Feb 2026 | $31M | not disclosed | Eclipse |
| Automobile Dealers & Manufacturers | 1 Jul 2024 | $21M | not disclosed | FirstMark |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Slate Auto raise in its Series A round?
Slate Auto raised $700M in its Series A round, announced in May 2025.
Which investors took part in Slate Auto's Series A round?
General Catalyst, Bezos Expeditions and TWG Global.
What was Slate Auto's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Automobile Dealers & Manufacturers?
9 Series A rounds in Automobile Dealers & Manufacturers within a year either side disclosed an amount; the median was $16M, and this round was 45 times the median.
Did Slate Auto raise again after this round?
Yes: a Series C round in Apr 2026 of $650M.