Achates Power
Latest round
- Series C
Last raised
- Oct 2013
Total raised
- $67M
Investors
- 5
About Achates Power
Achates Power, Inc.Achates Power, Inc. is focused on creating innovative engine solutions through its opposed-piston engine technology.82 mn from the Oil and Gas Climate Initiative.Achates Power specializes in innovative engine solutions, focusing primarily on its line of opposed-piston (OP) engines. These engines are designed to significantly reduce CO2 and criteria emissions while enhancing fuel efficiency for a variety of applications, including heavy-duty trucks, military vehicles, and power generation. The OP engine technology enables reductions of NOx by up to 90% and aligns with Tier 4 Final emission standards, making them suitable for compliance with stringent federal and state regulations. Achates Power's core offerings target leading engine manufacturers and military applications, showing a clear commitment to providing sustainable, high-efficiency engine solutions.S.Achates Power's revenue model is structured around licensing agreements, partnerships, and direct sales of its patented engine technologies and associated development tools. The company collaborates with prominent engine manufacturers, providing them with the necessary designs and software to integrate Achates' OP engine technology into their existing product lines. Each transaction typically involves contractual agreements that detail the terms of technology licensing, development support, and potential royalties based on the sales of integrated products. The firm aims to generate revenue through these partnerships while providing high-value solutions that meet evolving market needs, particularly in the heavy-duty truck and military sectors.Achates Power is focused on developing new products that enhance the performance and efficiency of their engine technology. The company aims to expand into new geographic markets with stricter emission regulations, although specific regions and timelines have not been disclosed.82 mn will support these initiatives, particularly in product development and market entry strategies.
Who invested in Achates Power
5 investors across 3 rounds
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Questions about Achates Power
Who invested in Achates Power?
Achates Power has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Achates Power raised?
Achates Power has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Achates Power last raise money?
Achates Power's most recent round on record is a Series C, in Oct 2013.
What does Achates Power do?
Achates Power is a automobiles, other vehicles & parts company.
Where is Achates Power headquartered?
Achates Power is headquartered in San Diego, US.
Which VCs invest in companies like Achates Power?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Achates Power's stage. Their profiles are linked below.
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