About Novacon Powertrain
Novacon Powertrain is a company based in Espoo (Finland) founded in 2010 was acquired by Etteplan in January 2025.. Novacon Powertrain offers products and services including Powertrain Development, Release Management, and Project Management. Novacon Powertrain operates in a competitive market with competitors including Cummins, Valeo, Linamar, UNO Minda and Schaeffler, among others.
- Headquarter Espoo, Finland
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Novacon Powertrain Gmbh
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Products & Services of Novacon Powertrain
Novacon Powertrain offers a comprehensive portfolio of products and services, including Powertrain Development, Release Management, and Project Management. 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.
Develops complete automotive powertrain systems for integration.
Manages technical documentation and release processes for vehicle parts.
Provides project support and steering in automotive and rail sectors.
Funding Insights of Novacon Powertrain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Novacon Powertrain
Novacon Powertrain has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Etteplan. 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 |
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Provider of technology services for industrial businesses
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Novacon Powertrain
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Novacon Powertrain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novacon Powertrain Comparisons
Competitors of Novacon Powertrain
Novacon Powertrain 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 Cummins, Valeo, Linamar, UNO Minda and Schaeffler, 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 |
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Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Motor vehicle and agricultural parts are manufactured and supplied.
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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Manufacturer of bearings for the automotive industry
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Automotive components and systems are manufactured for vehicles.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novacon Powertrain
Frequently Asked Questions about Novacon Powertrain
When was Novacon Powertrain founded?
Novacon Powertrain was founded in 2010.
Where is Novacon Powertrain located?
Novacon Powertrain is headquartered in Espoo, Finland.
What does Novacon Powertrain do?
Engineering services provider for automotive powertrain development and project management. This provider offers comprehensive engineering services, specializing in the development of complete powertrains, including engines, transmissions, and drivetrains. Additionally, they provide expertise in release management, ensuring the successful documentation and approval of all vehicle components. Project management services encompass both consulting and direct project support. The company also extends its engineering capabilities to the rail sector, focusing on project management, control systems, and commissioning. They offer various career opportunities for engineers and IT professionals.
Who are the top competitors of Novacon Powertrain?
What products or services does Novacon Powertrain offer?
Novacon Powertrain offers Powertrain Development, Release Management, and Project Management.
Who are Novacon Powertrain's investors?
Novacon Powertrain has 1 investor. Key investors include Etteplan.