EVelution Energy

Private

Yuma, ArizonaEnergy & Sustainabilityhttps://evelutionenergy.com/

Last Round

Private Equity

Apr 9, 2025

Momentum

Top 25%

of companies Caplight tracks

Company Overview

EVelution Energy is a critical minerals company developing a solar-powered, carbon-neutral cobalt processing facility in the United States.

Sector

Energy & Sustainability

Verticals

Advanced Materials, Clean Manufacturing, Electric Vehicles, Energy Storage

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

cobalt sulfatebattery materialscritical mineralsEV battery supply chaindomestic manufacturingbattery-grade cobaltofftake agreementsenergy storageclean manufacturingmineral processingonshoringbattery supply chaincritical mineral supplyEV supply chainUS-based refinery

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

EVelution Energy Comps

Public and private peers based on sector, stage, and business model.

EVelution Energy comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

EVelution Energy Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Private Equity	Apr 9, 2025
Debt	Apr 9, 2025
Debt	Dec 2, 2024

View all Funding Rounds

Key People

Founding team and executive leadership

Navaid Alam

President and CEO

Executive Team

EVelution Energy Investors

Notable investors and investment history

EVelution Energy investors
Investor	Rounds
Intermestic Capital	Debt
Export-Import Bank of the United States	Debt
Finnvera	Debt

View all Investors

Market signals

Structured signals derived from secondary market and firmographic data.

Apr 29, 2026
Signed a five-year agreement with Mitsui & Co., Ltd. valued at $850 million.
Apr 17, 2026
Monthly visitors increased 82% MoM.

View all signals

EVelution Energy Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation

EVelution Energy Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersYuma, Arizona

Employee Range7

Year Founded2023

Last FundingApr 9, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.