Efficient Drivetrains

Palo Alto, United States Founded: 2006 • Age: 20 yrs Acquired By Cummins
High-efficiency CVTs are designed and manufactured for electric vehicles.
Annual revenue - Latest available
Total funding $31.8M 9 rounds
Employees 7 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Efficient Drivetrains

Efficient Drivetrains is a company based in Palo Alto (United States) founded in 2006 was acquired by Cummins in July 2018. Efficient Drivetrains has raised $31.81 million across 9 funding rounds from investors including Cummins and H&Q Asia Pacific. The company has 7 employees as of December 31, 2021. Efficient Drivetrains operates in a competitive market with competitors including InMotive, U Power, Torotrak, G-edrive and Vagatron, among others.

  • Headquarter Palo Alto, United States
  • Employees 7 as on 31 Dec, 2021
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Efficient Drivetrains Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $31.81 M (USD)

    in 9 rounds

  • Latest Funding Round
    $4.8 M (USD), Series C

    Feb 07, 2018

  • Investors
    Cummins

    & 1 more

  • Employee Count
    7

    as on Dec 31, 2021

  • Acquired by
    Cummins

    (Jul 02, 2018)

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People of Efficient Drivetrains

Headcount 50-200
Employee Profiles 3
Employee Profiles
People
Beau Camaren
Mechanical Development Engineer

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Funding Insights of Efficient Drivetrains

Efficient Drivetrains has successfully raised a total of $31.81M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $4.8 million completed in February 2018. 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 Efficient Drivetrains

Efficient Drivetrains has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Cummins and H&Q Asia Pacific.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted via private equity by H&Q Asia Pacific.
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Manufacturer of gas-powered construction equipment
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Investor details for Efficient Drivetrains

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Investments & Acquisitions by Efficient Drivetrains

Investments
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Financial Statements - Efficient Drivetrains

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Efficient Drivetrains Comparisons

Efficient Drivetrains Primary company
Description
High-efficiency CVTs are designed and manufactured for elect...
Location
Palo Alto, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
7
As of 2021
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Peer comparison for Efficient Drivetrains

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Competitors of Efficient Drivetrains

Efficient Drivetrains 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 InMotive, U Power, Torotrak, G-edrive and Vagatron, among others.

Company Name Domain Founded year HQ Location Description
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Patented transmission systems for electric vehicle motors are developed.
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AI-driven super boards are manufactured for electric vehicle design.
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Develops automotive transmission products using toroidal variator technology for enhanced performance.
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Powertrains, electric drives, and transmission systems for EVs are manufactured.
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Manufactures series hybrid trucks and buses using linear engine technology.
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Detailed competitors of Efficient Drivetrains

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Latest news on Efficient Drivetrains

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Frequently Asked Questions about Efficient Drivetrains

Efficient Drivetrains was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Efficient Drivetrains is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Efficient Drivetrains is a funded company, having raised a total of $31.81M across 9 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Efficient Drivetrains is 7.

Efficient Drivetrains was founded in 2006 in Palo Alto, United States, within the automotive sector. Hybrid electric drivetrain systems, including continuously variable transmissions, are developed and produced for electric, hybrid, and plug-in hybrid vehicles. Applications span cars, trucks, and buses through parallel architectures, specialized components, and control software. Series A funding of 3.5 million was secured in 2014 from investors including Jinyuan Development Company.

Efficient Drivetrains's top competitors include U Power, InMotive and G-edrive.

Efficient Drivetrains has 2 investors. Key investors include Cummins, and H&Q Asia Pacific.

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