IRP Systems
Latest round
- Series C
Last raised
- Apr 2021
Total raised
- $51M
Investors
- 12
About IRP Systems
Founded in 2008, IRP Systems is based in Israel and specializes in electric vehicle technology.IRP Systems specializes in the development and delivery of software-defined electric powertrain solutions designed for electric vehicles (EVs). Their core product offerings include the EVVER Force and EVVER Dynamic platforms, which provide advanced control algorithms for optimized performance, safety, and efficiency in electric vehicles. These systems aim to address the growing demand for clean and affordable mobility solutions across various geographic markets, including Europe, Asia, and North America. The company targets original equipment manufacturers (OEMs) and other automotive partners, enabling them to integrate IRP's technology into their electric vehicle platforms for improved driving experiences and reduced carbon emissions.IRP Systems generates revenue through direct partnerships with automotive OEMs and other stakeholders in the electric vehicle market. Their transaction structure primarily involves business-to-business (B2B) agreements, allowing OEMs to license IRP's advanced powertrain technologies for integration into their vehicle models. This collaboration includes comprehensive support for their flagship products, such as the EVVER Force and EVVER Dynamic systems, which are tailored to meet specific performance and safety requirements. The company plans to launch new products designed for electric vehicles and is targeting expansion into markets across Europe, Asia, and North America.
Who invested in IRP Systems
12 investors across 3 rounds
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Questions about IRP Systems
Who invested in IRP Systems?
IRP Systems has 12 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 IRP Systems raised?
IRP Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did IRP Systems last raise money?
IRP Systems's most recent round on record is a Series C, in Apr 2021.
What does IRP Systems do?
Founded in 2008, IRP Systems is based in Israel and specializes in electric vehicle technology.
Where is IRP Systems headquartered?
IRP Systems is headquartered in Israel.
Which VCs invest in companies like IRP Systems?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back automobiles, other vehicles & parts companies at IRP Systems's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series C
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