FTEX
Latest round
- Seed
Last raised
- Aug 2022
Total raised
- $1.4M
Investors
- 2
About FTEX
FTEX Inc.Founded in 2017 in Montreal, Canada, FTEX Inc. specializes in electric vehicle technology, notably its IoT Motor Controller.FTEX specializes in advanced electric vehicle powertrain solutions, with a primary focus on its IoT Motor Controller and the accompanying Evionics App. The IoT Motor Controller integrates seamlessly with the Evionics Suite, enabling users to enhance the efficiency and range of their electric vehicles by up to 15%. The Evionics App empowers consumers by providing greater control over their electric driving experience, allowing users to monitor and optimize vehicle performance. FTEX targets a diverse clientele, including original equipment manufacturers (OEMs) and end consumers in the electric vehicle market, with a commitment to promoting greener mobility solutions.FTEX generates revenue through a model that encompasses direct sales and partnerships, primarily focusing on B2B transactions with OEMs and other industry stakeholders. The company’s flagship product, the IoT Motor Controller, is offered through subscription plans or one-time purchase agreements, facilitating ongoing customer relationships. Additionally, FTEX engages in collaborative ventures with businesses seeking integration of their Evionics Suite into existing electric vehicle platforms.In August 2022, FTEX Inc. The company plans to expand its offerings with new products aimed at improving electric vehicle performance and usability. The focus on the Evionics mobile application aims to provide users with advanced features for monitoring and optimizing their driving experience as the company seeks to strengthen its position in the electric mobility sector.
Who invested in FTEX
2 investors across 1 round
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Funding rounds
Seed
Aug 29, 2022
Amount
$1.4M
Investors
Questions about FTEX
Who invested in FTEX?
FTEX has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FTEX raised?
FTEX has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did FTEX last raise money?
FTEX's most recent round on record is a Seed, in Aug 2022.
What does FTEX do?
FTEX is a electronics company.
Where is FTEX headquartered?
FTEX is headquartered in Montreal, Canada.
Which VCs invest in companies like FTEX?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at FTEX's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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