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
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Efficient Drivetrains Inc
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series C — $4.8M
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First Round
First Round
(01 Jun 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Series C - Efficient Drivetrains | Valuation |
investors |
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| Sep, 2017 | Amount | Series C - Efficient Drivetrains | Valuation |
investors |
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| Aug, 2017 | Amount | Series C - Efficient Drivetrains | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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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. 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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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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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 Efficient Drivetrains
| 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 - Efficient Drivetrains
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Efficient Drivetrains Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Efficient Drivetrains
Frequently Asked Questions about Efficient Drivetrains
When was Efficient Drivetrains founded?
Efficient Drivetrains was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Efficient Drivetrains located?
Efficient Drivetrains is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Efficient Drivetrains a funded company?
Efficient Drivetrains is a funded company, having raised a total of $31.81M across 9 funding rounds to date. The company's 1st funding round was a Series C of $2.6M, raised on Jun 01, 2007.
How many employees does Efficient Drivetrains have?
As of Dec 31, 2021, the latest employee count at Efficient Drivetrains is 7.
What does Efficient Drivetrains do?
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.
Who are the top competitors of Efficient Drivetrains?
Who are Efficient Drivetrains's investors?
Efficient Drivetrains has 2 investors. Key investors include Cummins, and H&Q Asia Pacific.
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