About GEM Motors
GEM Motors is a company based in Kamnik (Slovenia) founded in 2010.. GEM Motors offers products and services including In-wheel Drive and Electric Drive Solutions. GEM Motors operates in a competitive market with competitors including Protean, Elaphe and Orbis Wheels, among others.
- Headquarter Kamnik, Slovenia
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gem Motors D.O.O.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$501.37 K (USD), Grant
Oct 01, 2023
-
Investors
European Union
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GEM Motors
GEM Motors offers a comprehensive portfolio of products and services, including In-wheel Drive and Electric Drive Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Compact system integrating motor and controller for urban electric vehicles.
Modular drives enhancing efficiency in light electric mobility.
Funding Insights of GEM Motors
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $501,372
-
First Round
First Round
(01 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Grant - GEM Motors | Valuation |
investors |
|
| Dec, 2015 | Amount | Grant - GEM Motors | Valuation |
investors |
|
| Jun, 2015 | Amount | Grant - GEM Motors | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GEM Motors
GEM Motors has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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 |
|---|---|---|---|---|
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GEM Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - GEM Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gem Motors Comparisons
Competitors of GEM Motors
GEM Motors 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 Protean, Elaphe and Orbis Wheels, 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 |
In-wheel electric drive systems are developed for light-duty vehicles.
|
|
| domain | founded_year | HQ Location |
In-wheel electric motors for vehicles are developed by Elaphe.
|
|
| domain | founded_year | HQ Location |
In-wheel motors for electric vehicles are developed by Orbis Wheels.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Gem Motors
Frequently Asked Questions about GEM Motors
When was GEM Motors founded?
GEM Motors was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is GEM Motors located?
GEM Motors is headquartered in Kamnik, Slovenia.
What does GEM Motors do?
Founded in 2010 and based in Kamnik, Slovenia, operations center on the development of multi-phase permanent magnet electric motors integrated directly into vehicle wheels. Patent-pending modular technology is employed to enable applications across various electric vehicle types. Affiliation with the Ljubljana University Incubator supported early growth in the electric mobility sector.
Who are the top competitors of GEM Motors?
GEM Motors's top competitors include Protean, Elaphe and Orbis Wheels.
What products or services does GEM Motors offer?
GEM Motors offers In-wheel Drive and Electric Drive Solutions.
Who are GEM Motors's investors?
GEM Motors has 2 investors. Key investors include European Union, and EIC Fund.