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§ Private Profile · Palo Alto, CA, USA
Drivetrain system manufacturer designing and producing electrified drivetrain systems for commercial vehicles.
Efficient Drivetrains is a Milpitas, California-based company that designs and manufactures hybrid and fully electric drivetrain systems for commercial vehicles. The manufacturer engineers drivetrain components, continuously variable transmissions, control software, and battery modules that have been successfully integrated into 27 distinct vehicle platforms. This electrification technology is provided to major commercial fleet operators like PG&E and vehicle manufacturers, including recognizable industry names like Daimler, Freightliner, Thomas Built Bus, and Bluebird Bus. Prior to its acquisition by Cummins, the enterprise raised over 21 million dollars in venture capital funding and secured over 25 million dollars in government grants. Founded in 2006 by Doctor Andrew Frank and Joerg Ferchau as a University of California Davis technology spinout, the organization has seen its systems accumulate more than 6 million miles of travel across the United States and China.
Efficient Drivetrains has raised $14.3M across 3 funding rounds.
Efficient Drivetrains has raised $14.3M in total across 3 funding rounds.
Efficient Drivetrains has raised $14.3M across 3 funding rounds. Most recently, it raised $7.8M Series C in September 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 20, 2016 | $7.8M Series C | Robert Shen | Jiaxing Daxin Investment Partnership | Announced |
| Dec 4, 2014 | $3M Series B | — | — | Announced |
| Jul 31, 2014 | $3.5M Series A | Jinyuan Development Company | Shanghai GUI GUO Assets Management Partnership, Winston XU, CFA | Announced |
Efficient Drivetrains has raised $14.3M in total across 3 funding rounds.
Efficient Drivetrains's investors include Robert Shen, Jiaxing Daxin Investment Partnership, Jinyuan Development Company, Shanghai Gui Guo Assets Management Partnership, Winston Xu, CFA.