About Adduxi
Adduxi is a company based in Rochester Hills (United States) founded in 1996. Adduxi has raised $47.98 million across 2 funding rounds from investors including Ministry of Economy, Finance and Industrial and Digital Sovereignty and BNP Paribas Developpement. The company has 34 employees. Adduxi offers products and services including Complex Plastic Parts, Assemblies, and Plastic Components. Adduxi operates in a competitive market with competitors including ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.
- Headquarter Rochester Hills, United States
- Employees 34
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website adduxi.com/en/home
- Social LinkedIn
- Legal Name Adduxi Inc
- Total Equity Funding$47.98M (USD)
in 2 rounds
- Latest Funding Round$860.07K (USD), Grant
Jan 2022
- Investors
- Employee Count34
Products & Services of Adduxi
Adduxi offers a comprehensive portfolio of products and services, including Complex Plastic Parts, Assemblies, and Plastic Components.
Development and supply of plastic components for automotive use.
Production of assembled plastic parts for water treatment applications.
Supply of specialized parts for electrical engineering sectors.
Funding Insights of Adduxi
Adduxi has successfully raised a total of $47.98M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $860.07 thousand completed in January 2022. 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 $47.98M
- Total Rounds 2
- Last Round Grant — $860,068
- First Round $47.98M
(Jun 2015)
- Investors Count 2
All 2 funding rounds of Adduxi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $860,068 | Grant | – | – | |
| Jun 2015 | $47.98M | Series B | – | – |
2 investors in total: 2 institutional.
Investors in Adduxi
Adduxi has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Ministry of Economy, Finance and Industrial and Digital Sovereignty and BNP Paribas Developpement.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to French companies by the firm. | – | bnpparibasdeveloppement.com | Paris, France | |
- | – | economie.gouv.fr | - |
Investor details for Adduxi
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People of Adduxi
1 people are tracked at Adduxi (1 in leadership); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Xavier Ovize | CEO | Leadership |
Complete people profiles for Adduxi
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Timeline of Adduxi
3 dated milestones of Adduxi across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Adduxi is founded.
- Funding First funding round of $48.0M.
- Funding Latest funding round, Grant, of $860K.
Competitors of Adduxi
Adduxi 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 ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. | |
| hella.com | 1899 | Lippstadt, Germany | – | 40,000 | Electronic components are manufactured and supplied to OEMs and aftermarket. | |
| cummins.com | 1919 | United States | – | 36,826 | Manufacturer of gas-powered construction equipment | |
| cooperstandard.com | 1960 | Novi, United States | $51.1M | 40 | Systems and components for the automotive industry are supplied worldwide. | |
| gentex.com | 1974 | Zeeland, United States | – | 6,245 | Gentex Corporation is engaged in developing automotive and safety technologies. | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| sedemac.com | 2007 | Pune, India | $25.77M | 468 | Electrical and electronic parts for automobiles are provided by SEDEMAC. | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| mahle.com | 1920 | Stuttgart, Germany | – | 109 | Automotive cooling systems, pistons, and aftermarket components are manufactured. | |
| continental.com | 1871 | Hannover, Germany | – | 141 | Continental is recognized as a leading tire manufacturer globally. |
Detailed competitors of Adduxi
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Latest news on Adduxi
Complete news archive for Adduxi
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Similar companies to Adduxi
10 companies that operate in the same segment as Adduxi (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Manufacturer of gas-powered construction equipment | 1919 | United States | – | USD 1.21 B | 5,230 | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 |
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Frequently Asked Questions about Adduxi
Adduxi was founded in 1996 and raised its 1st funding round 19 years after it was founded.
Adduxi is headquartered in Rochester Hills, United States. It is registered at Rochester Hills, Michigan, United States.
Xavier Ovize is the current CEO of Adduxi.
Adduxi is a funded company, having raised a total of $47.98M across 2 funding rounds to date. The company's 1st funding round was a Series B of $47.98M, raised on Jun 2015.
Adduxi has 34 employees.
Adduxi was founded in 1996 and is based in Rochester Hills, United States. Components such as housings, connectors, contact carriers, plugs, pressure sensors, magnet holders, solenoids, contact plates, ESD covers, and housing frames are manufactured and supplied by the company. Operations focus on the automotive sector, where these electronic and housing parts are produced to support vehicle assembly and functionality.
Adduxi offers Complex Plastic Parts, Assemblies, and Plastic Components.
Adduxi has 2 investors. Key investors include Ministry of Economy, Finance and Industrial and Digital Sovereignty, and BNP Paribas Developpement.
Adduxi operates through Adduxi Inc.