# MayMaan Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maymaan-research

- Industry: Renewable Energy
- Headquarters: Hollywood, US
- Website: www.maymaan.com
- Total disclosed funding: $30M
- Latest round: Series A (May 2, 2023)
- Investors on record: 1

## About

Based in Florida, US, and founded in 2014, MayMaan Research Inc. operates as an engine manufacturer that uses renewable energy for various industries such as power generation, private transportation, and public transportation. In May 2023, MayMaan Technologies, LLC raised USD 30 million in series A funding led by Wave Equity Partners. As of 2023, the company is led by its CEO Doron Shmueli.

The firm uses clean technology and manufactures engines for application in power generation, vehicles, and charging stations. It designs systems that let piston engines run on water and Ethanol. The engines don’t require gasoline or diesel as fuel. The firm offers Automatic Standby and Prime Power Generators 20KWH, 40KWH, 150KWH, main powertrain hybrid, and range extenders and it provides on-demand power on or off the grid to charge multiple vehicles to charging stations.

The company plans to use the May 2023, funding to further develop and deploy its clean energy solution platform.

## Funding rounds

- Series A, May 2, 2023, $30M — WAVE Equity Partners

## Investors

- WAVE Equity Partners (https://capitalatlas.ai/funds/wave-equity-partners) — Series A