First Mode

London, United Kingdom Acquired By Cummins
Developer of hybrid retrofit kits for mining operations. These kits reduce diesel emissions without requiring additional infrastructure. The company focuses on decarbonization solutions for the industrial sector, enabling a more profitable and sustainable future. Its offerings include engineering, research and development, and manufacturing capabilities to address the complex needs of its partners. The technology is designed for immediate and long-term impact, accelerating the transition to clean energy.
Annual revenue - Latest available
Total funding $8.5M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

About First Mode

First Mode is a company based in London (United Kingdom) was acquired by Cummins in February 2025. First Mode has raised $8.5 million across 1 funding round from investors including Cummins. First Mode offers products and services including Hybrid Retrofit Kits.

  • Headquarter London, United Kingdom
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8.5 M (USD), Series A

    Sep 22, 2021

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Cummins

    (Feb 11, 2025)

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Products & Services of First Mode

First Mode offers a comprehensive portfolio of products and services, including Hybrid Retrofit Kits.

Product name locked
Category locked
Primary

Kits that reduce diesel emissions in mining operations by up to 30 percent.

People of First Mode

Headcount 200-500
Employee Profiles 13
Board Members and Advisors 1
Employee Profiles
People
Darryl Diaz
Senior Systems Engineer
People
Andrew Lewis
Principal Software Engineer
People
Tal Fix
Senior Embedded Software Engineer II
People
Erin Bauer
Senior Manager, Recruiting

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Board Members and Advisors
people
Stephen Pearce
Chairman

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Funding Insights of First Mode

First Mode has successfully raised a total of $8.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.5 million completed in September 2021. 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 First Mode

First Mode has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cummins.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of gas-powered construction equipment
Locked Locked Locked
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Investor details for First Mode

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by First Mode

Investments
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Investment portfolio details for First Mode

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - First Mode

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Detailed financials for First Mode

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  • Profit trends
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First Mode Comparisons

First Mode Primary company
Description
Developer of hybrid retrofit kits for mining operations. The...
Location
London, United Kingdom
Founded Year
-
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for First Mode

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Competitors of First Mode

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Detailed competitors of First Mode

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Latest news on First Mode

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Complete news archive for First Mode

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  • Source and publication date
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Frequently Asked Questions about First Mode

First Mode is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

First Mode is a funded company, having raised a total of $8.5M across 1 funding round to date.

Developer of hybrid retrofit kits for mining operations. These kits reduce diesel emissions without requiring additional infrastructure. The company focuses on decarbonization solutions for the industrial sector, enabling a more profitable and sustainable future. Its offerings include engineering, research and development, and manufacturing capabilities to address the complex needs of its partners. The technology is designed for immediate and long-term impact, accelerating the transition to clean energy.

First Mode offers Hybrid Retrofit Kits.

First Mode has 1 investor. Key investors include Cummins.

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