Achates Power

San Diego, United States Founded: 2004 • Age: 22 yrs
Engines for vehicles are manufactured and developed.
Annual revenue - Latest available
Total funding $107.5M 8 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Achates Power

Achates Power is a company based in San Diego (United States) founded in 2004. Achates Power has raised $107.54 million across 8 funding rounds from investors including DOE, NCMS and OGCI. Achates Power offers products and services including Opposed-Piston Engine and Advanced Combat Engine. Achates Power operates in a competitive market with competitors including Linamar, Oerlikon, LiquidPiston, Kinetic Engineering and FEV, among others.

  • Headquarter San Diego, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Achates Power, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $107.54 M (USD)

    in 8 rounds

  • Latest Funding Round
    $2 M (USD), Grant

    Mar 06, 2019

  • Investors
    DOE

    & 7 more

  • Employee Count
    Not available
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Products & Services of Achates Power

Achates Power offers a comprehensive portfolio of products and services, including Opposed-Piston Engine and Advanced Combat Engine.

Product name locked
Category locked
Primary

Provides ultra-efficient engines for transportation with low emissions.

Product name locked
Category locked
Locked

Engine for modernizing tactical vehicles with high efficiency.

People of Achates Power

Headcount 50-200
Employee Profiles 9
Board Members and Advisors 4
Employee Profiles
People
David Crompton
President & CEO
People
Laurence Fromm
EVP & CCO
People
Dnyanesh Sapkal
EVP, Engineering & Operations
People
Carol Mottershead
VP, Finance & Administration

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Board Members and Advisors
people
Mark Van Den Berg
Board Member
people
Bruno Linsolas
Member of Advisory Board, since 2019 Vice President Europe

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Funding Insights of Achates Power

Achates Power has successfully raised a total of $107.54M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $2 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Achates Power

Achates Power has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, NCMS and OGCI.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Sequoia Capital is engaged in venture capital investments.
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Stage-agnostic venture capital investments are made in US companies.
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Investor details for Achates Power

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Investments & Acquisitions by Achates Power

Investments
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Investment portfolio details for Achates Power

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  • Transaction dates
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Financial Statements - Achates Power

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Detailed financials for Achates Power

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Achates Power Comparisons

Achates Power Primary company
Description
Engines for vehicles are manufactured and developed.
Location
San Diego, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Achates Power

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Competitors of Achates Power

Achates Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Linamar, Oerlikon, LiquidPiston, Kinetic Engineering and FEV, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Motor vehicle and agricultural parts are manufactured and supplied.
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Powertrain systems and components are manufactured and supplied to OEMs.
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Lightweight internal combustion engines are developed for scalable power applications.
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Gears, shafts, transmission assemblies, and auto components are manufactured.
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Powertrain components for vehicles are manufactured and supplied by FEV.
Locked Locked Locked
Dynamic seals and wipers are manufactured for industrial applications.
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Detailed competitors of Achates Power

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Latest news on Achates Power

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Complete news archive for Achates Power

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Frequently Asked Questions about Achates Power

Achates Power was founded in 2004 and raised its 1st funding round 5 years after it was founded.

Achates Power is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Achates Power is a funded company, having raised a total of $107.54M across 8 funding rounds to date.

Achates Power was founded in 2004 in San Diego, United States, and operates within the automotive sector. Internal combustion engines designed for vehicles are produced by the company, with a focus on efficiency and performance. Operations are centered in the United States, where research, development, and manufacturing activities are conducted to support vehicle propulsion needs. The domain achatespower.com is utilized for online presence.

Achates Power's top competitors include Linamar, Oerlikon and LiquidPiston.

Achates Power offers Opposed-Piston Engine and Advanced Combat Engine.

Achates Power has 8 investors. Key investors include DOE, NCMS, OGCI, Climate Investment, and Sequoia Capital.

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