Enway

Berlin, Germany Founded: 2017 • Age: 9 yrs Acquired By Bucher Municipal
Sensor fusion software is developed for autonomous specialty vehicles.
Annual revenue - Latest available
Total funding $6.6M 2 rounds
Employees 40 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Enway Gmbh
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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.

Product name locked
Category locked
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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are directed toward ICT and health tech startups.
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Tech focused VC firm investing in early stage companies in Germany
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Early stage startups are supported through venture capital by b10.
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Investor details for Enway

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Investments & Acquisitions by Enway

Investments
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Investment portfolio details for Enway

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Financial Statements - Enway

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Detailed financials for Enway

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Enway Comparisons

Enway Primary company
Description
Sensor fusion software is developed for autonomous specialty...
Location
Berlin, Germany
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
40
As of 2020
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Peer comparison for Enway

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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.

Company Name Domain Founded year HQ Location Description
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Waste and recycling solutions are provided by Rubicon nationwide.
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Software solutions for water utilities are provided by Aiqueous.
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Waste management solutions are delivered via sensors and analytics software.
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Smart solar-powered waste bins are provided for real-time collection management.
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IoT-based smart waste bins are provided for rewarded collection.
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Detailed competitors of Enway

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Latest news on Enway

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Complete news archive for Enway

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Frequently Asked Questions about Enway

Enway was founded in 2017.

Enway is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Enway is a funded company, having raised a total of $6.6M across 2 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Enway is 40.

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.

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

Enway offers CityCat V20 e.

Enway has 6 investors. Key investors include Redalpine, Atlantic Labs, b10, Berlin Technologie Holding, and Karman.

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