About e-Traction
e-Traction is a company based in Apeldoorn (Netherlands) founded in 1981 was acquired by Saietta Electric Drive in November 2021.. e-Traction operates in a competitive market with competitors including IRP Systems, Vitesco Technologies, Punch Powertrain, Hexagon Purus and Odyne Systems, among others.
- Headquarter Apeldoorn, Netherlands
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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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Latest Funding Round
$55.8 K (USD), Grant
Mar 01, 2015
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Saietta Electric Drive
(Nov 11, 2021)
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Funding Insights of e-Traction
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $55,798
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First Round
First Round
(01 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Grant - e-Traction | 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 e-Traction
e-Traction has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Saietta Electric Drive. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Electric powertrain systems with motor technology are developed and manufactured.
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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 e-Traction
| 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 - e-Traction
| 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 |
E-Traction Comparisons
Competitors of e-Traction
e-Traction 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 IRP Systems, Vitesco Technologies, Punch Powertrain, Hexagon Purus and Odyne Systems, 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 |
Software-defined electric powertrain systems for micromobility are provided.
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| domain | founded_year | HQ Location |
Developer of powertrain system for multi-category vehicles
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| domain | founded_year | HQ Location |
Manufacturer of powertrains for electric vehicles
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| domain | founded_year | HQ Location |
Hydrogen-based batteries and systems for electric vehicles are manufactured.
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| domain | founded_year | HQ Location |
Plug-in hybrid drivetrains are developed for medium- and heavy-duty vehicles.
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| domain | founded_year | HQ Location |
Electronic equipment is designed and developed for powertrain components.
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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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Frequently Asked Questions about e-Traction
When was e-Traction founded?
e-Traction was founded in 1981 and raised its 1st funding round 34 years after it was founded.
Where is e-Traction located?
e-Traction is headquartered in Apeldoorn, Netherlands. It is registered at Apeldoorn, Gelderland, Netherlands.
What does e-Traction do?
e-Traction was founded in 1981 in Apeldoorn, Netherlands, within the electric mobility sector. Electric powertrain solutions are created using patented technology, including TheWheel as an in-wheel motor system that converts battery energy to torque, TheDrive as a supporting inverter, and TheControl for electrical management. These components are applied in light and heavy-duty vehicles. Operations are conducted in Europe and China.
Who are the top competitors of e-Traction?
e-Traction's top competitors include IRP Systems, Hexagon Purus and Equipmake.
Who are e-Traction's investors?
e-Traction has 2 investors. Key investors include European Union, and Saietta Electric Drive.