About NovaTorque
NovaTorque is a company based in Fremont (United States) founded in 2005 was acquired by Regal Beloit in November 2016.. NovaTorque has raised $14 million across 1 funding round from investors including Regal Beloit. NovaTorque offers products and services including Electric Motors and Generators.
- Headquarter Fremont, United States
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Phone
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Website
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Social
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- Legal Name Marathon Electric Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 1 rounds
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Latest Funding Round
$14 M (USD), Series A
Feb 06, 2013
- Investors
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Employee Count
Employee Count
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Acquired by
Regal Beloit
(Nov 01, 2016)
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Products & Services of NovaTorque
NovaTorque offers a comprehensive portfolio of products and services, including Electric Motors and Generators. 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.
Electric motors are produced for use in machinery and automation processes.
Generators are manufactured to provide reliable power solutions for various applications.
Funding Insights of NovaTorque
NovaTorque has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series A round of $14 million completed in February 2013. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $14.0M
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First Round
First Round
(06 Feb 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2013 | Amount | Series A - NovaTorque | Valuation |
investors |
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| 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 |
Investors in NovaTorque
NovaTorque has secured backing from 1 investor. Prominent investors backing the company include Regal Beloit. 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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Electric motors and motion controls are manufactured by Regal Beloit.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NovaTorque
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NovaTorque
| 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 |
Novatorque Comparisons
Competitors of NovaTorque
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NovaTorque
When was NovaTorque founded?
NovaTorque was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Where is NovaTorque located?
NovaTorque is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is NovaTorque a funded company?
NovaTorque is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series A of $14M, raised on Feb 06, 2013.
What does NovaTorque do?
NovaTorque was founded in 2005 and is based in Fremont, United States. Electric motors designed for energy savings are manufactured by the company, with a focus on commercial and industrial applications in the HVAC sector, including fans and blowers. Operations center on developing motors that deliver higher output in compact sizes, supporting efficiency in various industrial settings.
What products or services does NovaTorque offer?
NovaTorque offers Electric Motors and Generators.
Who are NovaTorque's investors?
NovaTorque has 1 investor. Key investors include Regal Beloit.