Efficient Drivetrains

company

About

Efficient Drivetrains manufactures continuously variable transmissions for electric vehicle developers, manufacturers, and suppliers.

Details

Last Funding Type
Series A
Last Funding Money Raised
$3.50M
Industries
Automotive,Electric Vehicle,Electronics,Industrial,Manufacturing,Transportation
Founded date
Jan 1, 2006
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Efficient Drivetrains, Inc.

Efficient Drivetrains Inc. (EDI) designs and manufactures high-efficiency continuously variable transmissions (CVT) for electric vehicle developers, manufacturers, and suppliers. EDI's hybrid electric drivetrain systems and technologies provide significant cost and efficiency advantages by using parallel drivetrain architectures, unique components, proprietary control software and algorithms. The company's products have direct applications in Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs), and Plugin Hybrid Electric Vehicles (PHEVs), across nearly all platforms classes and configurations including trucks, buses and cars.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$16.76M
Efficient Drivetrains has raised a total of $16.76M in funding over 2 rounds. Their latest funding was raised on Sep 29, 2017 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 29, 2017 Series Unknown $1.78M Detail
Jun 20, 2016 Series C $7.85M 1 H&Q Asia Pacific Detail
Mar 1, 2016 Series C 1 Detail
Dec 4, 2014 Series B $3M Detail
Jul 31, 2014 Series A $3.50M 3 Jinyuan Development Company Detail

Investors

Number of Lead Investors
Number of Investors
2
5
Efficient Drivetrains is funded by 5 investors. H&Q Asia Pacific and Jinyuan Development Company are the most recent investors.
Investor Name Lead Investor Funding Round
H&Q Asia Pacific Yes Series C
Jinyuan Development Company Yes Series A
Oceanic Partners Series C
Silicon Valley China Venture Partners Series A
Shanghai Gui Guo Assets Management Partnership Series A

Employee Profiles

Number of Employee Profiles
5
Efficient Drivetrains has 5 current employee profiles, including Board member Ta-lin Hsu
Board member
Board member
Board member
Executive
Executive