About Elaphe
Elaphe is a company based in Ljubljana (Slovenia) founded in 2003 by Andrej Detela and Gorazd Lampic.. Elaphe has raised $16 million across 8 funding rounds from investors including EIT InnoEnergy, European Union and GOV.SI. Elaphe offers products and services including SONIC.1 Technology, Testing Center, and Direct Drive Architecture. Elaphe operates in a competitive market with competitors including Protean, GEM Motors and Orbis Wheels, among others.
- Headquarter Ljubljana, Slovenia
- Founders Andrej Detela, Gorazd Lampic
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Sectors
Transportation, Automotive & Logistics
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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 Elaphe Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 8 rounds
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Latest Funding Round
$7.9 M (USD), Grant
Dec 07, 2021
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Investors
EIT InnoEnergy
& 3 more
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Employee Count
Employee Count
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Products & Services of Elaphe
Elaphe offers a comprehensive portfolio of products and services, including SONIC.1 Technology, Testing Center, and Direct Drive Architecture. 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 direct drive in electric vehicles.
Facility for automotive testing of in-wheel motor technology.
System enabling faster control and efficiency in electric vehicles.
Funding Insights of Elaphe
Elaphe has successfully raised a total of $16M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $7.9 million completed in December 2021. 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 8
- Last Round Grant — $7.9M
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First Round
First Round
(01 Jun 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - Elaphe | Valuation |
investors |
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| Feb, 2021 | Amount | Grant - Elaphe | Valuation |
investors |
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| Sep, 2020 | Amount | Series A - Elaphe | Valuation | EIT InnoEnergy |
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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 Elaphe
Elaphe has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include EIT InnoEnergy, European Union and GOV.SI. 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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Access to government programs and development services is facilitated.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Innovation engine in sustainable energy
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Elaphe
| 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 - Elaphe
| 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 |
Elaphe Comparisons
Competitors of Elaphe
Elaphe 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 Protean, GEM Motors and Orbis Wheels, 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 |
In-wheel electric drive systems are developed for light-duty vehicles.
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| domain | founded_year | HQ Location |
In-wheel motors for electric vehicles are developed using modular technology.
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| domain | founded_year | HQ Location |
In-wheel motors for electric vehicles are developed by Orbis Wheels.
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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 Elaphe
Frequently Asked Questions about Elaphe
When was Elaphe founded?
Elaphe was founded in 2003 and raised its 1st funding round 13 years after it was founded.
Where is Elaphe located?
Elaphe is headquartered in Ljubljana, Slovenia.
Who is the current CEO of Elaphe?
Andrej Detela is the current CEO of Elaphe. They have also founded this company.
Is Elaphe a funded company?
Elaphe is a funded company, having raised a total of $16M across 8 funding rounds to date. The company's 1st funding round was a Series A of $5.09M, raised on Jun 01, 2016.
What does Elaphe do?
In-wheel electric motors and related components for electric vehicles are developed by Elaphe, founded in 2003 in Ljubljana, Slovenia. Power inverters, propulsion control units, and electric powertrains are included in its offerings, along with power electronics such as motor controllers, AC inverters, power distribution units, and motor control software. Operations focus on the automotive sector, emphasizing efficient propulsion systems.
Who are the top competitors of Elaphe?
Elaphe's top competitors include Protean, GEM Motors and Orbis Wheels.
What products or services does Elaphe offer?
Elaphe offers SONIC.1 Technology, Testing Center, and Direct Drive Architecture.
Who are Elaphe's investors?
Elaphe has 4 investors. Key investors include EIT InnoEnergy, European Union, GOV.SI, and Zhejiang Asia-Pacific Mechanical and Electrical.
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