Enway

Berlin, Germany Founded: 2017 • Age: 9 yrs Acquired By Bucher Municipal
Sensor fusion software is developed for autonomous specialty vehicles.
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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
  • Sectors
    Environment
    Technology Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Enway Gmbh
Operational Areas
Environment → Environmental Management & Pollution Control
Technology → Internet of Things (IoT) & Connectivity
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.6 M (USD), Seed

    Nov 15, 2019

  • Investors
    Redalpine

    & 5 more

  • Employee Count
    40

    as on Dec 31, 2020

  • 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.

Primary

Electric vehicle for driverless industrial and municipal cleaning tasks.

People of Enway
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Jacob Seibert
Robotics Software Engineer
People
WonJong Shin
Senior Embedded Software Engineer
People
Bo Chen
Co-Founder & CTO
People
Adi Vardi
Senior Robotics Software Engineer

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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 Rounds 2
  • Last Round Seed — $6.6M
  • 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
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are directed toward ICT and health tech startups.
Founded Year Domain Location
Tech focused VC firm investing in early stage companies in Germany
Founded Year Domain Location
Early stage startups are supported through venture capital by b10.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Enway

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Enway

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Enway Comparisons

Employees
+
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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.
domain founded_year HQ Location
Software solutions for water utilities are provided by Aiqueous.
domain founded_year HQ Location
Waste management solutions are delivered via sensors and analytics software.
domain founded_year HQ Location
Smart solar-powered waste bins are provided for real-time collection management.
domain founded_year HQ Location
IoT-based smart waste bins are provided for rewarded collection.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

Who are the top competitors of Enway?

Enway's top competitors include Rubicon, Enevo and Evreka.

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.

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