BorgWarner

About

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

Auburn Hills,Michigan,United States
10001 - max
http://www.borgwarner.com

Highlights

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
Dec 18, 2013 Gustav Wahler GmbH u. Co. KG	Automotive	acquisition	—	Detail
Nov 10, 2015 Remy International	Automotive	acquisition	—	Detail