Innovative EV upcycling company, Clipper Automotive, mandates PGA to raise funds for their Seed round

Clipper Automotive, a UK company that is pioneering sustainable transportation, is kicking off its next phase of growth with a fresh round of funding. Pinnacle Global Advisory who has been mandated to advise them on their fundraising strategy is excited to support this enterprising venture with its growth objectives.

Clipper Automotive has developed a revolutionary platform aimed at converting existing fleet vehicles into all-electric models. With a staggering 6 million polluting commercial Internal Combustion Engine (ICE) vehicles needing to transition to electric power in the UK alone within the next decade, Clipper's mission is clear: to provide a cost-effective, environmentally friendly solution to this pressing challenge.

The journey to electric vehicles faces formidable obstacles—high costs, supply shortages, and limited investment. Enter Clipper Automotive's ingenious solution: upcycling existing vehicles into EVs, a faster, cheaper, and greener alternative.

Their approach aims to save businesses £1 billion annually while slashing emissions by 2.5 million tonnes. Through their proprietary technology, Clipper Automotive offers swift, affordable conversions with a significantly reduced carbon footprint compared to manufacturing new EVs.

Having raised funding previously from investors as well as securing Government grants, Clipper Automotive has successfully validated their platform by converting a series of London Taxis to EV, allowing them to complete rigorous testing of their platform. Combined with strategic partnerships, Clipper Automotive is strongly positioned to achieve its commercialisation benchmarks this year.

Fuelled by a team of industry veterans and innovators, Clipper Automotive is steering the future of sustainable commercial transport. Their strategic collaborations and innovative approach pave the way for a greener, more efficient transportation sector.

Pinnacle Global Advisory is proud to support Clipper Automotive's mission to revolutionise transportation. With a strong focus of investment in cleantech and sustainability from the venture capital market, Pinnacle Global Advisory is confident in securing the funding needed to propel Clipper Automotive's vision and drive positive change.

Contact Pinnacle Global Advisory today to learn how you can be part of driving sustainability forward with Clipper Automotive.