About FUELSAVE
FUELSAVE is a company based in Walldorf (Germany) founded in 2012 by Jan Philipp Brugger, Marc Sima, Dirk Hoffmann, and Heino Eckerich. It operates as a B2B. FUELSAVE has raised $37.79 million across 7 funding rounds from investors including European Union, Faber and POELLATH. The company has 5 employees. FUELSAVE operates in a competitive market with competitors including Claros Technologies, ClearSign, STAX, JCCL and Nala Earth, among others.
- Headquarter Walldorf, Germany
- Employees 5
- Founders Jan Philipp Brugger, Marc Sima, Dirk Hoffmann, Heino Eckerich
- SectorsTransportation, Automotive & Logistics
- Website fuelsave.de
- Social Facebook
- Total Equity Funding$37.79M (USD)
in 7 rounds
- Latest Funding Round$33.77M (USD), Series C
Jun 2022
- InvestorsEuropean Union
& 5 more
- Employee Count5
Funding Insights of FUELSAVE
FUELSAVE has successfully raised a total of $37.79M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $33.77 million completed in June 2022. 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 $37.79M
- Total Rounds 7
- Last Round Series C — $33.77M
- First Round $1.92M
(May 2018)
- Investors Count 6
All 7 funding rounds of FUELSAVE 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 |
|---|---|---|---|---|---|
| Jun 2022 | $33.77M | Series C | – | Faber | – |
| Sep 2021 | $4.02M | Series A | – | Dreamcraft Ventures | |
| Nov 2020 | $3,714 | Grant | – | – | |
| Nov 2020 | $67,026 | Grant | – | – | |
| Sep 2020 | $2.45M | Grant | – | – | |
| Apr 2020 | $1.74M | Grant | – | – | |
| May 2018 | $1.92M | Grant | – | – |
6 investors in total: 6 institutional.
Investors in FUELSAVE
FUELSAVE has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Faber and POELLATH.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech companies | – | faber.vc | Lisbon, Portugal | |
Tech-driven companies are supported through early-stage venture investments. | – | dreamcraft.vc | - | |
Maritime startups are accelerated by PIER71 in Singapore. | – | pier71.sg | Singapore, Singapore | |
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
POELLATH is recognized for leading advice on transactions and asset management. | – | pplaw.com | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for FUELSAVE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of FUELSAVE
4 people are tracked at FUELSAVE (4 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Jan Philipp Brugger | Co-Founder, COO | Leadership |
Marc Sima | Co-Founder, CEO | Leadership |
Dirk Hoffmann | Co-Founder | Leadership |
Heino Eckerich | Co-Founder | Leadership |
Complete people profiles for FUELSAVE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of FUELSAVE
3 dated milestones of FUELSAVE across 10 years, from founding to its latest funding, stage changes and deals.
- Founded FUELSAVE is founded.
- Funding First funding round of $1.9M.
- Funding Latest funding round, Series C, of $33.8M.
Competitors of FUELSAVE
FUELSAVE 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 Claros Technologies, ClearSign, STAX, JCCL and Nala Earth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clarostechnologies.com | 2015 | Saint Paul, United States | $57.7M | – | Provider of sustainable solutions for circular economy | |
| clearsign.com | 2008 | Seattle, United States | $1.16M | 16 | Combustion efficiency is enhanced through specialized technology solutions. | |
| staxengineering.com | 2016 | Los Angeles, United States | $50M | – | Emission control systems for maritime vessels are provided. | |
| jccl.jp | 2020 | Fukuoka, Japan | $4.07M | – | Provider of carbon dioxide recovery and recycling solutions | |
| nala.earth | 2023 | Berlin, Germany | $5.75M | – | Company allows businesses to measure, manage, and report their impact on nature | |
| sunbornesystems.com | 2021 | Harwell, United Kingdom | $2.59M | – | Hydrogen-based fuel is provided via an online platform. | |
| eniram.fi | 2005 | Helsinki, Finland | $6.5M | – | Fuel saving system for maritime vessels | |
| exposome.in | 2020 | Mumbai, India | $4.04M | 28 | Manufacturer of air and water treatment chemicals | |
| smartgreenshipping.com | 2019 | Devizes, United Kingdom | $2.92M | 3 | Auxiliary sails for ship propulsion systems are developed. |
Detailed competitors of FUELSAVE
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- Full competitor set
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Latest news on Fuelsave
Complete news archive for FUELSAVE
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Similar companies to FUELSAVE
10 companies that operate in the same segment as FUELSAVE (Automotive Engineering & Design Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Powertrain components are manufactured and supplied by AVL. | 1948 | Englishtown, New Jersey, United States | – | USD 38.84 M | 289 | |
Automotive design and engineering services are provided globally. | 1960 | Coimbatore, Tamil Nadu, India | USD 3.63 M | USD 13.66 M | 845 | |
Electronics and software development services for automotive industry are provided. | 2010 | Gaimersheim, Bavaria, Germany | – | – | – | |
Aerospace engineering services are provided by Humanetics since 1952. | 1952 | Farmington Hills, Michigan, United States | – | – | – | |
Provider of automotive parts design, power tools, outdoor equipment, and other products services | 1927 | New Britain, Connecticut, United States | – | USD 30.45 K | 5 | |
Extended protection plans are provided for commercial vehicles. | 1983 | Cranford, New Jersey, United States | USD 500 K | – | – | |
Automotive transactions and used car export services are facilitated. | 2010 | Shanghai, China | – | USD 688.08 M | 217 | |
Provider of design, engineering, testing, and homologation services to the automotive industry | 1971 | Tarragona, Catalonia, Spain | – | USD 10.88 M | 325 | |
Cars are manufactured and marketed by Pininfarina. | 1930 | Cambiano, Piemonte, Italy | – | USD 120.64 M | – | |
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | Shenzhen, Guangdong, China | – | USD 2.88 B | 9,460 |
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Frequently Asked Questions about FUELSAVE
FUELSAVE was founded in 2012 and raised its 1st funding round 6 years after it was founded.
FUELSAVE is headquartered in Walldorf, Germany. It is registered at Walldorf, Baden-wurttemberg, Germany.
Marc Sima is the current CEO of FUELSAVE. They have also founded this company.
FUELSAVE is a funded company, having raised a total of $37.79M across 7 funding rounds to date. The company's 1st funding round was a Grant of $1.92M, raised on May 2018.
FUELSAVE has 5 employees.
FUELSAVE, established in 2012, excels in dealing with automotive parts, engine technology, fuel efficiency, and solutions and services. Offers solutions to improve fuel efficiency in engines. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
FUELSAVE's top competitors include Claros Technologies, ClearSign and Smart Green Shipping.
FUELSAVE has 6 investors. Key investors include European Union, Faber, POELLATH, Dreamcraft, and PIER71.