About eTec
eTec is a Transportation, Automotive & Logistics company based in Phoenix (United States) founded in 1996, and was acquired by ECOtality in November 2007. Electric vehicle charging systems are researched and developed. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Devices.
Company details
eTec was founded in 1996 in Phoenix, United States, as a subsidiary of ECOtality. Operations focused on research, development, and testing of advanced transportation and energy systems within the electric vehicle sector. Specialization occurred in alternative-fuel, hybrid, and electric vehicles, along with supporting infrastructures. Fast battery charging systems, such as the Minit-Charger, were provided for electric vehicles, airport equipment, and material handling, emphasizing reduced heat and extended battery life.
- Headquarters Phoenix, United States
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website etecevs.com
- Acquired by ECOtality (Nov 2007)
- Latest Funding Round$197.86M (USD), Grant
Sep 2009
- InvestorsState of California
& 2 more
- Acquired byECOtality
(Nov 2007)
Funding Insights of eTec
- Total Rounds 4
- Last Round Grant — $197.86M
- First Round $1.2M
(Feb 2007)
- Investors Count 2
All 4 funding rounds of eTec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2009 | $197.86M | Grant | – | – | |
| Aug 2009 | $8M | Grant | – | – | |
| Apr 2009 | $294,977 | Grant | – | – | |
| Feb 2007 | $1.2M | Grant | – | – |
3 investors in total: 3 institutional.
Investors in eTec
eTec has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include State of California, ECOtality and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Access to government programs and development services is provided. | 1997 | ca.gov | United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
Online ratings and reviews for electric transportation technologies are offered. | 1989 | ecotality.com | San Francisco, United States |
Investor details for eTec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of eTec
4 dated milestones of eTec across 13 years, from founding to its latest funding, stage changes and deals.
- Founded eTec is founded.
- Funding First funding round of $1.2M.
- Exit Acquired by ECOtality.
- Funding Latest funding round, Grant, of $197.9M.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as eTec (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Frequently Asked Questions about eTec
eTec was founded in 1996 and raised its 1st funding round 11 years after it was founded.
eTec is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
eTec was founded in 1996 in Phoenix, United States, as a subsidiary of ECOtality. Operations focused on research, development, and testing of advanced transportation and energy systems within the electric vehicle sector. Specialization occurred in alternative-fuel, hybrid, and electric vehicles, along with supporting infrastructures. Fast battery charging systems, such as the Minit-Charger, were provided for electric vehicles, airport equipment, and material handling, emphasizing reduced heat and extended battery life.
eTec has 3 investors. Key investors include State of California, ECOtality, and OSTI.GOV.
Yes. eTec was acquired by ECOtality in November 2007.