About Enway
Enway is a company based in Berlin (Germany) founded in 2017 was acquired by Bucher Municipal in October 2022.. Enway has raised $6.6 million across 2 funding rounds from investors including Redalpine, Atlantic Labs and b10. The company has 40 employees as of December 31, 2020. Enway offers products and services including CityCat V20 e. Enway operates in a competitive market with competitors including Rubicon, Aiqueous, Enevo, Bigbelly Solar and Candam, among others.
- Headquarter Berlin, Germany
- Employees 40 as on 31 Dec, 2020
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Sectors
EnvironmentTechnology 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 Enway Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.6 M (USD)
in 2 rounds
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Latest Funding Round
$6.6 M (USD), Seed
Nov 15, 2019
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Investors
Redalpine
& 5 more
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Employee Count
40
as on Dec 31, 2020
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Acquired by
Bucher Municipal
(Oct 11, 2022)
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Products & Services of Enway
Enway offers a comprehensive portfolio of products and services, including CityCat V20 e. 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.
Electric vehicle for driverless industrial and municipal cleaning tasks.
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Software Development Team
4 people
Co Team
1 people
Full Team
1 people
Senior Team
1 people
Staff Team
1 people
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Funding Insights of Enway
Enway has successfully raised a total of $6.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6.6 million completed in November 2019. 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 2
- Last Round Seed — $6.6M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Enway | Valuation | Redalpine | |
| Aug, 2017 | Amount | Seed - Enway | Valuation |
investors |
| 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 |
Investors in Enway
Enway has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Redalpine, Atlantic Labs and b10. 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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Early-stage investments are directed toward ICT and health tech startups.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early stage companies in Germany
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Founded Year | Domain | Location | |
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Early stage startups are supported through venture capital by b10.
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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 Enway
| 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 - Enway
| 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 |
Enway Comparisons
Competitors of Enway
Enway 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 Rubicon, Aiqueous, Enevo, Bigbelly Solar and Candam, 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 |
Waste and recycling solutions are provided by Rubicon nationwide.
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| domain | founded_year | HQ Location |
Software solutions for water utilities are provided by Aiqueous.
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| domain | founded_year | HQ Location |
Waste management solutions are delivered via sensors and analytics software.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
IoT-based smart waste bins are provided for rewarded collection.
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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 Enway
Frequently Asked Questions about Enway
When was Enway founded?
Enway was founded in 2017.
Where is Enway located?
Enway is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Enway a funded company?
Enway is a funded company, having raised a total of $6.6M across 2 funding rounds to date.
How many employees does Enway have?
As of Dec 31, 2020, the latest employee count at Enway is 40.
What does Enway do?
Enway GmbH was founded in 2017 in Berlin, Germany, and operates in the autonomous vehicle software sector. Tools are provided for fusing data from sensors such as Lidar, cameras, GPS, inertial units, and odometers to enable navigation in specialty vehicles like street sweepers and garbage trucks, limited to 50 kmph speeds. The platform supports centimeter-level precision, path optimization, retrofitting on existing vehicles, and integration with third-party sensors.
What products or services does Enway offer?
Enway offers CityCat V20 e.
Who are Enway's investors?
Enway has 6 investors. Key investors include Redalpine, Atlantic Labs, b10, Berlin Technologie Holding, and Karman.