About Invertek Drives
Invertek Drives is a company based in Welshpool (United Kingdom) founded in 1998 was acquired by Sumitomo Heavy Industries in September 2019. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Invertek Drives has raised $13.24 million across 1 funding round from investors including Sumitomo Heavy Industries. Invertek Drives offers products and services including Optidrive E3, Optidrive P2, Optidrive Eco HVAC, and Optidrive Elevator. Invertek Drives operates in a competitive market with competitors including Infinitum, Bonfiglioli, Allient, Allied Motion and ebm-papst, among others.
- Headquarter Welshpool, United Kingdom
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Invertek Drives Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13.24 M (USD)
in 1 rounds
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Latest Funding Round
$13.24 M (USD), Series B
Dec 22, 2021
- Investors
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Employee Count
Not available
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Acquired by
Sumitomo Heavy Industries
(Sep 27, 2019)
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Products & Services of Invertek Drives
Invertek Drives offers a comprehensive portfolio of products and services, including Optidrive E3, Optidrive P2, Optidrive Eco HVAC, and Optidrive Elevator.
General purpose drives are provided for motor control.
High performance drives are offered for precise control.
HVAC drives are designed for building services efficiency.
Elevator drives are built for advanced lift control.
Funding Insights of Invertek Drives
Invertek Drives has successfully raised a total of $13.24M through 1 strategic funding round. The most recent funding activity was a Series B round of $13.24 million completed in December 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 Invertek Drives
Invertek Drives has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sumitomo Heavy Industries.
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Precision control machines and components are manufactured globally.
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Investor details for Invertek Drives
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Investments & Acquisitions by Invertek Drives
Investment portfolio details for Invertek Drives
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Financial Statements - Invertek Drives
Detailed financials for Invertek Drives
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Invertek Drives Comparisons
Peer comparison for Invertek Drives
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Competitors of Invertek Drives
Invertek Drives 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 Infinitum, Bonfiglioli, Allient, Allied Motion and ebm-papst, among others.
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AC induction motors are manufactured by Infinitum.
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Manufacturer of gears, drive motors and gearboxes
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Motors for Automation, Robotics, Automotive and more sectors
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Motor and servo motion products are manufactured for multiple markets.
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ebm-papst is recognized as a leader in energy-saving fan technology.
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Designs and manufactures induction and synchronous motors and generators.
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Detailed competitors of Invertek Drives
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Latest news on Invertek Drives
Complete news archive for Invertek Drives
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Frequently Asked Questions about Invertek Drives
Invertek Drives was founded in 1998 and raised its 1st funding round 23 years after it was founded.
Invertek Drives is headquartered in Welshpool, United Kingdom. It is registered at Welshpool, Powys, United Kingdom.
Invertek Drives is a funded company, having raised a total of $13.24M across 1 funding round to date.
Variable frequency drives are produced by Invertek Drives for diverse industrial applications. Solutions are provided for sectors including agriculture, HVAC, marine, mining, and water management. Products such as Optidrive E3, P2, Eco, and Elevator drives are designed to ensure precise and reliable motor control. Global support is extended through a network covering over 80 countries. Innovation is prioritized with continual investment in a UK-based center for research and development.
Invertek Drives's top competitors include Allient, Infinitum and Bonfiglioli.
Invertek Drives offers Optidrive E3, Optidrive P2, Optidrive Eco HVAC, and Optidrive Elevator.
Invertek Drives has 1 investor. Key investors include Sumitomo Heavy Industries.