# pepper motion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pepper-motion

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Denkendorf, Germany
- Website: www.peppermotion.com/en/
- Total disclosed funding: $33M
- Latest round: Series A (Mar 31, 2022)
- Investors on record: 3

## About

Founded in 2019 and based in Denkendorf, Germany, Pepper Motion GmbH operates as a developer of electric drive systems for buses, trucks, and vehicles. The company offers electrification solutions for both new and existing vehicles, including battery-electric and hydrogen options. In late March 2022, Pepper Motion GmbH raised EUR 30 million in Series A funding led by Lennertz, with participation from another Adolf Würth GmbH & Co. KG. As of 2024, the company has partnered with companies like Chargebyte, Sono Motors, Twaice, and many more.

The company offers a pepper kit that includes a VCU (vehicle control unit) and a telematics unit that allows tracking of various vehicle data, including vehicle tracking, online diagnosis, and live data capture.

The company also provides essential information to the driver about vehicle status, range, battery, charging status, and other system messages and offers support for over-the-air software updates.

The company plans to use the March 2022 funding to strengthen its financial stability and expand its market perception.

## Funding rounds

- Series A, Mar 31, 2022, $33M — Adolf Würth GmbH & Co. KG, Lennertz, Friedrich & Wagner Holding

## Investors

- Adolf Würth GmbH & Co. KG — Series A
- Lennertz (https://capitalatlas.ai/funds/lennertz) — Series A
- Friedrich & Wagner Holding — Series A