Achates Power

San Diego, United States Founded: 2004 • Age: 22 yrs
Engines for vehicles are manufactured and developed.

About Achates Power

Achates Power is a Transportation, Automotive & Logistics company based in San Diego (United States) founded in 2004. Engines for vehicles are manufactured and developed. 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. Its focus areas include Auto, Auto Components, Powertrain System and Engine System. Its legal entity is Achates Power, Inc. Its competitors include LiquidPiston and Transtar Holding; 1 of its 2 listed competitors has raised funding.

Company details

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.

Key Metrics
  • Total Equity Funding
    $107.54M (USD)

    in 8 rounds

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

    Mar 2019

  • Investors
    DOE

    & 7 more

Products & Services of Achates Power

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

Opposed-Piston Engine
Engine Technology

Provides ultra-efficient engines for transportation with low emissions.

Advanced Combat Engine
Military Engines

Engine for modernizing tactical vehicles with high efficiency.

Apps and channels of Achates Power

its YouTube channel Achates Power has 1.9M subscribers and 11 videos.

Achates Power
YouTube 1.9M subscribers 11 videos Autos & Vehicles
Open channel

Videos from Achates Power

The most watched videos on Achates Power's YouTube channel, Achates Power (1.9M subscribers). Click a video to play it here.

Advanced Combat Engine
492.6K views
Achates Power Opposed-Piston Engine
369.9K views
Achates Power Heavy-Duty 10.6L Opposed-Piston Engine
254.2K views
FIRST DRIVE: Achates Power 2 7L OP Engine
217.2K views

More on Achates Power.

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.

  • Total Funding $107.54M
  • Total Rounds 8
  • Last Round Grant β€” $2M
  • First Round $12.13M

    (Oct 2009)

  • Investors Count 8

All 8 funding rounds of Achates Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019$2MGrant––
Oct 2017$29.82MSeries D––
Dec 2015$9MGrant––
Mar 2015$14MGrant––
Aug 2014$11.2MSeries C––
–
Oct 2013$35.2MSeries C––
Jan 2010$19.2MSeries B––
Oct 2009$12.13MSeries A–Sequoia Capital, RockPort Capital
–
Valuation history

8 investors in total: 8 institutional.

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
InvestorDescriptionFounded YearDomainLocation
oilandgasclimateinitiative.com
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Stage-agnostic venture capital investments are made in US companies.
rockportcap.comBoston, United States
Early-stage investing in IT and healthcare ventures.
interwest.com
Private equity and VC-based investment firm
trianglepeakpartners.comPalo Alto, United States
Energy sources and policies are managed by the DOE.
1977energy.gov
Offers early-stage investments in innovative companies for energy, buildings, and transport decarbonization.
2016climateinvestment.comLondon, United Kingdom
R&D consortium enhances manufacturing competitiveness and strength through collaboration.
1986ncms.orgUnited States
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Investor details for Achates Power

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Achates Power

13 people are tracked at Achates Power (3 in leadership, 4 in board & advisors, 6 in team).

NameRoleGroup
David Crompton
President & CEOLeadership
Carol Mottershead
VP, Finance & AdministrationLeadership
Ryan MacKenzie
Chief Engineer and Program Manager - Technology DevelopmentLeadership
Hal Harvey
Board MemberBoard & advisors
John Wall
Board MemberBoard & advisors
Mark Van Den Berg
Board MemberBoard & advisors
Bruno Linsolas
Member of Advisory Board, since 2019 Vice President EuropeBoard & advisors
Jason Pablico
Materials Planning & LogisticsTeam
Laurence Fromm
EVP & CCOTeam
Dnyanesh Sapkal
EVP, Engineering & OperationsTeam
Dan Pfeifer
Test Engineering ManagerTeam
Mohammed Jassim
Control EngineerTeam
Kevin Fuqua Fuqua
Principal Design EngineerTeam
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Complete people profiles for Achates Power

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Achates Power

3 dated milestones of Achates Power across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Achates Power is founded.
  2. Funding First funding round of $12.1M.
  3. Funding Latest funding round, Grant, of $2.0M.

Competitors of Achates Power

Achates Power has 2 listed competitors in our database, 1 of them funded. They include LiquidPiston and Transtar Holding.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
liquidpiston.com2003Bloomfield, United States$47.24M17
Lightweight internal combustion engines are developed for scalable power applications.
transtarholding.com1975Cuyahoga Falls, United States
Automotive powertrain components are supplied to OEMs and aftermarket.
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Detailed competitors of Achates Power

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Achates Power

The website of Achates Power (achatespower.com) receives about 4.2K visits a month.

  • Monthly visits
    4.2K

    ▼ 43.1% vs previous month

Similar websites

Websites whose visitors overlap most with Achates Power. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pattakon.com
pattakon.com
100%
#12,306,572–
ecomotors.com
ecomotors.com
88%
–
dreamer3000.wordpress.com
dreamer3000.wordpress.com
82%
–
hpacademy.com
hpacademy.com
62%
#110,166–
en.wikipedia.org
en.wikipedia.org
44%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Achates Power

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Achates Power (Automotive Manufacturing & Components) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States
Manufacturer of gas-powered construction equipment
1919United StatesUSD 1.21 B5,230
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United StatesUSD 79.03 B35,750
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Related news about 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. The company's 1st funding round was a Series A of $12.13M, raised on Oct 2009.

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 LiquidPiston and Transtar Holding.

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.

Achates Power operates through Achates Power, Inc..

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