About Saietta Electric Drive
Saietta Electric Drive is a company based in Bicester (United Kingdom) founded in 2008.. Saietta Electric Drive has completed 1 acquisition, including e-Traction. Saietta Electric Drive offers products and services including Integrated Motor & Inverter, eDrive, eAxle, and Vehicle Control Unit (VCU). Saietta Electric Drive operates in a competitive market with competitors including IRP Systems, Vitesco Technologies, Hexagon Purus, Equipmake and eLeapPower, among others.
- Headquarter Bicester, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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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 Saietta Group Plc
- Date of Incorporation 10 Nov, 2008
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$28.97 M (USD)7as on Mar 31, 2024
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Net Profit
$1.34 M (USD)13as on Mar 31, 2024
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EBITDA
$1.24 M (USD)-15as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Saietta Electric Drive
Saietta Electric Drive offers a comprehensive portfolio of products and services, including Integrated Motor & Inverter, eDrive, eAxle, and Vehicle Control Unit (VCU). 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.
Provides efficient motor and inverter systems for electric vehicles.
Offers complete electric drivetrain solutions for various applications.
Delivers electric axle systems for light-duty and marine uses.
Manages vehicle operations in electric mobility setups.
Funding Insights of Saietta Electric Drive
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2020 | Amount | Grant - Saietta Electric Drive | Valuation |
investors |
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| May, 2017 | Amount | Series A - Saietta Electric Drive | Valuation |
investors |
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| 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 |
investors |
Investors in Saietta Electric Drive
Saietta Electric Drive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Advanced Propulsion Centre UK. 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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Venture capital is directed toward technology sectors by this firm.
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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 Saietta Electric Drive
Saietta Electric Drive has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include e-Traction. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Patented electric drivetrain components are developed for vehicles.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Saietta Electric Drive
| 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 |
investors |
Saietta Electric Drive Comparisons
Competitors of Saietta Electric Drive
Saietta Electric Drive 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 IRP Systems, Vitesco Technologies, Hexagon Purus, Equipmake and eLeapPower, 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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| domain | founded_year | HQ Location |
Software-defined electric powertrain systems for micromobility are provided.
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| domain | founded_year | HQ Location |
Developer of powertrain system for multi-category vehicles
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| domain | founded_year | HQ Location |
Hydrogen-based batteries and systems for electric vehicles are manufactured.
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| domain | founded_year | HQ Location |
Electronic equipment is designed and developed for powertrain components.
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| domain | founded_year | HQ Location |
Powertrain systems for multi-category electric vehicles are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Saietta Electric Drive
Frequently Asked Questions about Saietta Electric Drive
When was Saietta Electric Drive founded?
Saietta Electric Drive was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is Saietta Electric Drive located?
Saietta Electric Drive is headquartered in Bicester, United Kingdom. It is registered at Bicester, Oxfordshire, United Kingdom.
Who is the current CEO of Saietta Electric Drive?
Pradumna Walimbe is the current CEO of Saietta Electric Drive.
What is the annual revenue of Saietta Electric Drive?
Annual revenue of Saietta Electric Drive is $28.97M as on Mar 31, 2024.
What does Saietta Electric Drive do?
Saietta Electric Drive was founded in 2008 in Bicester, United Kingdom. Electric and hybrid powertrain systems are developed and manufactured by the company within the automotive sector. Proprietary axial flux technology (AFT) is incorporated into their electric motor designs. Operations focus on engineering solutions for electric vehicle propulsion, with production centered in the UK. Leadership is provided by CEO Pradumna Walimbe.
Who are the top competitors of Saietta Electric Drive?
Saietta Electric Drive's top competitors include IRP Systems, Hexagon Purus and Equipmake.
What products or services does Saietta Electric Drive offer?
Saietta Electric Drive offers Integrated Motor & Inverter, eDrive, eAxle, and Vehicle Control Unit (VCU).
How many acquisitions has Saietta Electric Drive made?
Saietta Electric Drive has made 1 acquisition, including e-Traction.
Who are Saietta Electric Drive's investors?
Saietta Electric Drive has 1 investor. Key investors include Advanced Propulsion Centre UK.