BorgWarner

company

About

BorgWarner is an automotive supplier of sustainable and innovative mobility solutions for the vehicle market.

Details

Last Funding Type
Grant
Last Funding Money Raised
$4.09M
Industries
Automotive,Autonomous Vehicles,Manufacturing,Service Industry
Founded date
Jan 1, 1928
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
nyse:BWA
Legal Name
BorgWarner Inc.

BorgWarner is a global product leader in powertrain solutions. They focus on developing leading powertrain technologies that improve fuel economy, emissions and performance. Their facilities are located across the globe in order to provide local support of their diverse customer base.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$8.88M
BorgWarner has raised a total of $8.88M in funding over 2 rounds. Their latest funding was raised on Apr 14, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 14, 2022 Grant $4.09M 1 US Department of Energy Detail
Oct 21, 2021 Grant $4.79M 1 US Department of Energy Detail
Aug 20, 1993 IPO Detail

Investments

Number of Investments
Number of Lead Investments
11
4
BorgWarner has made 11 investments. Their most recent investment was on Mar 28, 2022, when Cognito Health raised $1.10M.
Date Company Name
Round Money Raised Industry Lead Investor
Mar 28, 2022 Cognito Health
Pre-seed $1.10M Health Care
Jan 11, 2022 Qnovo
Series C $24M Battery Yes
Aug 31, 2021 XMTP
Series A $20M Communications Infrastructure
Aug 23, 2021 Enexor BioEnergy
Series A $10M Energy Yes
May 3, 2021 Cellink
Series C $24.72M Electronics Yes

Investors

Number of Lead Investors
Number of Investors
2
1
BorgWarner is funded by 1 investors. US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Grant

Employee Profiles

Number of Employee Profiles
28
BorgWarner has 28 current employee profiles, including Board member Ernest J. Novak
Board member
Board member
Executive
Board member
Executive

Exits

BorgWarner has had 1 exits. BorgWarner most notable exits include Romeo Power

Date Company Name Exit Type Industry
Dec 30, 2020 Romeo Power M&A Battery Detail

Acquisition

BorgWarner has acquired 12 organizations. Their most recent acquisition was Beru Ag on Nov 1, 2004. They acquired Beru Ag for 0.

Date Company Name
Industry Acquisition Type Price
Nov 1, 2004 Beru Ag
Automotive acquisition Detail
Apr 9, 2010 Dytech ENSA
Automotive acquisition Detail
Dec 17, 2010 Haldex
Automotive acquisition $ 205M Detail
Automotive acquisition Detail
Automotive acquisition Detail