About Advanced Electric Machines
Advanced Electric Machines is a company based in Washington (United Kingdom) founded in 2017 by James Widmer.. Advanced Electric Machines has raised $37.17 million across 4 funding rounds from investors including Barclays, European Union and Legal & General Capital. Advanced Electric Machines offers products and services including HDRM 300, HDRM 150, SSRD, and Bespoke. Advanced Electric Machines operates in a competitive market with competitors including Integra Engineering, Sprint Electric, ComAp, Vibration Research and Zikodrive, among others.
- Headquarter Washington, United Kingdom
- Founders James Widmer
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Advanced Electric Machines Limited
- Date of Incorporation 16 Nov, 2016
- Jurisdiction WASHINGTON, UNITED KINGDOM
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Annual Revenue
$6.29 M (USD)120as on Nov 30, 2022
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Net Profit
$-4.5 M (USD)-86as on Nov 30, 2022
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EBITDA
$-4.82 M (USD)-74as on Nov 30, 2022
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Total Equity Funding
$37.17 M (USD)
in 4 rounds
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Latest Funding Round
$28.66 M (USD), Series A
Nov 06, 2023
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Investors
Barclays
& 6 more
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Employee Count
Employee Count
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Products & Services of Advanced Electric Machines
Advanced Electric Machines offers a comprehensive portfolio of products and services, including HDRM 300, HDRM 150, SSRD, and Bespoke. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance motor for electric vehicles improving efficiency.
Compact motor for applications enhancing sustainability.
Specialized motor for industrial uses boosting performance.
Tailored motors for specific client requirements.
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Funding Insights of Advanced Electric Machines
Advanced Electric Machines has successfully raised a total of $37.17M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $28.66 million completed in November 2023. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $28.7M
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First Round
First Round
(01 Mar 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Advanced Electric Machines | Valuation | Legal & General Capital , Barclays | |
| Dec, 2022 | Amount | Series A - Advanced Electric Machines | Valuation |
investors |
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| Jan, 2020 | Amount | Seed - Advanced Electric Machines | Valuation | Northstar Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advanced Electric Machines
Advanced Electric Machines has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays, European Union and Legal & General Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital and natural capital investments are managed by Par Equity.
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Founded Year | Domain | Location | |
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Early-stage investments are made in UK companies across diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advanced Electric Machines
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advanced Electric Machines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advanced Electric Machines Comparisons
Competitors of Advanced Electric Machines
Advanced Electric Machines 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 Integra Engineering, Sprint Electric, ComAp, Vibration Research and Zikodrive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of electrical & telecom enclosures
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| domain | founded_year | HQ Location |
Industrial motor controllers are manufactured for industrial applications.
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| domain | founded_year | HQ Location |
Manufactures high-quality industrial controllers for various applications.
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| domain | founded_year | HQ Location |
Produces high-quality microdynamic and vibration controllers for industrial use.
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| domain | founded_year | HQ Location |
Motor controllers are designed and manufactured by Zikodrive.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advanced Electric Machines
Frequently Asked Questions about Advanced Electric Machines
When was Advanced Electric Machines founded?
Advanced Electric Machines was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Advanced Electric Machines located?
Advanced Electric Machines is headquartered in Washington, United Kingdom.
Who is the current CEO of Advanced Electric Machines?
James Widmer is the current CEO of Advanced Electric Machines. They have also founded this company.
Is Advanced Electric Machines a funded company?
Advanced Electric Machines is a funded company, having raised a total of $37.17M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.48M, raised on Mar 01, 2018.
What is the annual revenue of Advanced Electric Machines?
Annual revenue of Advanced Electric Machines is $6.29M as on Nov 30, 2022.
What does Advanced Electric Machines do?
Advanced Electric Machines was established in 2017 in Washington, United Kingdom. Electric traction motors are produced by the company, with operations centered on the transport sector. Focus is placed on developing and supplying components for electric propulsion systems. The founder and CEO, James Widmer, leads the organization. Activities are conducted to support industry needs in electric mobility, primarily within the UK and related markets.
Who are the top competitors of Advanced Electric Machines?
Advanced Electric Machines's top competitors include Integra Engineering, Zikodrive and Sprint Electric.
What products or services does Advanced Electric Machines offer?
Advanced Electric Machines offers HDRM 300, HDRM 150, SSRD, and Bespoke.
Who are Advanced Electric Machines's investors?
Advanced Electric Machines has 7 investors. Key investors include Barclays, European Union, Legal & General Capital, Par Equity, and Northstar Ventures.
What is Advanced Electric Machines's valuation?
The valuation of Advanced Electric Machines is $46.99M as of Nov 2023.