About Enedym
Enedym is a company based in Hamilton (Canada) founded in 2010 by Randy Reisinger and Berker Bilgin.. Enedym has raised $15 million across 3 funding rounds from investors including Napino, Sustainable Development Technology Canada and Pathfinder Asset Management. Enedym offers products and services including Novel Electric Motors and Design Tools. Enedym operates in a competitive market with competitors including Linear Labs, Chara, Ziehl-Abegg, EVR Motors and TSUYO, among others.
- Headquarter Hamilton, Canada
- Founders Randy Reisinger, Berker Bilgin
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Napino
& 4 more
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Employee Count
Employee Count
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Products & Services of Enedym
Enedym offers a comprehensive portfolio of products and services, including Novel Electric Motors and Design Tools. 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.
Efficient electric motors without permanent magnets for industrial use.
Software for accelerating electric motor design and optimization processes.
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Funding Insights of Enedym
Enedym has successfully raised a total of $15M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(29 Jun 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series A - Enedym | Valuation |
investors |
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| Feb, 2022 | Amount | Grant - Enedym | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Enedym | Valuation |
investors |
| 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 Enedym
Enedym has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Napino, Sustainable Development Technology Canada and Pathfinder Asset Management. 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 focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Investment services are provided in venture capital and real estate.
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Founded Year | Domain | Location | |
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Automotive electronic products including ECUs and wiring harnesses are supplied.
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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 Enedym
| 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 - Enedym
| 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 |
Enedym Comparisons
Competitors of Enedym
Enedym 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 Linear Labs, Chara, Ziehl-Abegg, EVR Motors and TSUYO, 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 |
Developer of electric motors for EVs
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| domain | founded_year | HQ Location |
Manufacturer of motors for electric vehicles
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| domain | founded_year | HQ Location |
Automotive motors are manufactured by Ziehl-Abegg in Germany.
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| domain | founded_year | HQ Location |
Electric motors for diverse electric vehicles are developed.
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| domain | founded_year | HQ Location |
BDLC motors and controllers for electric three-wheelers are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Enedym
Frequently Asked Questions about Enedym
When was Enedym founded?
Enedym was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is Enedym located?
Enedym is headquartered in Hamilton, Canada. It is registered at Hamilton, Ontario, Canada.
Is Enedym a funded company?
Enedym is a funded company, having raised a total of $15M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jun 29, 2021.
What does Enedym do?
Enedym was founded in 2010 in Hamilton, Canada, within the electric vehicle and power systems sector. Electric motors are produced for multiple vehicle types, while power turbines, generators, and related components are offered via the platform. Operations extend to applications in commercial buildings, data centers, defense, greenhouses, healthcare, marine, mining, and additional industries.
Who are the top competitors of Enedym?
Enedym's top competitors include TSUYO, Zepco Technologies and Linear Labs.
What products or services does Enedym offer?
Enedym offers Novel Electric Motors and Design Tools.
Who are Enedym's investors?
Enedym has 5 investors. Key investors include Napino, Sustainable Development Technology Canada, Pathfinder Asset Management, TRIO Capital Group, and Honda.
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