Protean
Latest round
- Series E
Last raised
- May 2018
Total raised
- $22M
Investors
- 1
About Protean
Founded in 2008 and headquartered in Farnham, UK, Protean Electric Limited designs and manufactures in-wheel motor systems, specifically their flagship product, ProteanDrive. The company focuses on energy efficiency and reducing vehicle weight., Ltd.07 billion.Protean specializes in the design and manufacturing of in-wheel motor technology, particularly the ProteanDrive system that integrates electronics and control within vehicle wheels. This eliminates the need for conventional drivetrain components and enhances the performance of electric vehicles by improving torque response, acceleration, and driving range.20.Protean Electric is focused on expanding its product offerings, particularly with the development of new in-wheel motor technologies aimed at enhancing electric vehicle efficiency. The company plans to target markets in North America, Europe, and Asia for expansion.
Who invested in Protean
1 investor across 1 round
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Funding rounds
Series E
May 21, 2018
Amount
$22M
Investors
Questions about Protean
Who invested in Protean?
Protean has 1 investor 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 Protean raised?
Protean has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Protean last raise money?
Protean's most recent round on record is a Series E, in May 2018.
What does Protean do?
Founded in 2008 and headquartered in Farnham, UK, Protean Electric Limited designs and manufactures in-wheel motor systems, specifically their flagship product, ProteanDrive.
Where is Protean headquartered?
Protean is headquartered in Farnham, UK.
Which VCs invest in companies like Protean?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back automobiles, other vehicles & parts companies at Protean's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series E
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