Nordresa

Laval, Canada Founded: 2015 • Age: 11 yrs Acquired By Dana
Electric drivetrains for commercial vehicles are manufactured by Nordresa.
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About Nordresa

Nordresa is a company based in Laval (Canada) founded in 2015 was acquired by Dana in August 2019.. Nordresa operates in a competitive market with competitors including VIA Motors, IRP Systems, Libertine, ISE Corporation and TransPower, among others.

  • Headquarter Laval, Canada
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Dana

    (Aug 26, 2019)

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Funding Insights of Nordresa

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 Nordresa

Nordresa has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dana. 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.

All
Institutional
Investor Description Founded Year Domain Location
Driveline technologies and components for electrified light vehicles are supplied.
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 Nordresa

Investments
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 - Nordresa

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Nordresa Comparisons

Employees
+
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Competitors of Nordresa

Nordresa 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 VIA Motors, IRP Systems, Libertine, ISE Corporation and TransPower, 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
Electric drive systems for commercial vehicles are provided.
domain founded_year HQ Location
Software-defined electric powertrain systems for micromobility are provided.
domain founded_year HQ Location
Linear power systems are provided for free-piston engine uses.
domain founded_year HQ Location
Hybrid electric drive systems for heavy-duty vehicles were developed.
domain founded_year HQ Location
Electric drive systems for commercial vehicles and battery energy storage systems
domain founded_year HQ Location
Developer of powertrain system for multi-category vehicles
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 Nordresa

Frequently Asked Questions about Nordresa

When was Nordresa founded?

Nordresa was founded in 2015.

Where is Nordresa located?

Nordresa is headquartered in Laval, Canada. It is registered at Laval, Quebec, Canada.

Who is the current CEO of Nordresa?

Sylvain Castonguay is the current CEO of Nordresa.

What does Nordresa do?

Nordresa was founded in 2015 in Laval, Canada. Electric drivetrains for commercial vehicles are produced by the company within the automotive sector. Operations center on electrification components for heavy-duty transport applications. The firm is headquartered in Canada and led by CEO Sylvain Castonguay. Focus remains on drivetrain manufacturing for fleet and industrial use.

Who are the top competitors of Nordresa?

Nordresa's top competitors include VIA Motors, IRP Systems and Libertine.

Who are Nordresa's investors?

Nordresa has 1 investor. Key investors include Dana.

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