Efficient Drivetrains

Automobiles, Other Vehicles & PartsSeries CMilpitas, USefficientdrivetrains.com

Latest round

Series C

Last raised

May 2016

Total raised

$11M

Investors

5

About Efficient Drivetrains

Efficient Drivetrains, Inc.Efficient Drivetrains, Inc. was founded in 2006 and is headquartered in Milpitas, US. The company specializes in hybrid and electric drive systems for various vehicles, transitioning towards more sustainable transportation methods. In July 2018, Cummins Inc. acquired Efficient Drivetrains, with financial terms undisclosed.Efficient Drivetrains, Inc. specializes in advanced electrification solutions designed to enhance efficiency in commercial and public transportation vehicles. Their product offerings include hybrid and electric drive systems that optimize fuel consumption and lower emissions across heavy-duty applications. These systems cater to a range of vehicle types, such as buses and trucks, and aim to improve sustainability and operational performance.Efficient Drivetrains generates revenue primarily through B2B transactions, engaging in direct sales and partnerships with manufacturers and fleet operators. Their hybrid and electric drive systems are offered through a variety of pricing models, which may include one-time payments or long-term agreements.Efficient Drivetrains, Inc. The company aims to introduce new electrification solutions and efficiently penetrate additional geographical regions, including emerging markets for sustainable transportation. The acquisition by Cummins Inc. is expected to provide new opportunities for growth and innovation, aligning with the company's strategy to lead in electrification advancements.

Who invested in Efficient Drivetrains

5 investors across 2 rounds

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Funding rounds

  1. Series C

    May 25, 2016

    Amount

    $7.8M

    Investors

    Locked

  2. Series B

    Jul 31, 2014

    Amount

    $3M

    Investors

    Locked

Questions about Efficient Drivetrains

Who invested in Efficient Drivetrains?

Efficient Drivetrains has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Efficient Drivetrains raised?

Efficient Drivetrains has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Efficient Drivetrains last raise money?

Efficient Drivetrains's most recent round on record is a Series C, in May 2016.

What does Efficient Drivetrains do?

Efficient Drivetrains is a automobiles, other vehicles & parts company.

Where is Efficient Drivetrains headquartered?

Efficient Drivetrains is headquartered in Milpitas, US.

Which VCs invest in companies like Efficient Drivetrains?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Efficient Drivetrains's stage. Their profiles are linked below.

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