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AVID Technology (Robotics)

AVID Technology (Robotics)?uq=3Oe4kK1Z
2004 FOUNDED
PRIVATE STATUS
51-60 EMPLOYEES
Later Stage VC LATEST DEAL TYPE
$4.47M LATEST DEAL AMOUNT
7 INVESTORS
Description

Designer and manufacturer of electrified power-train components and systems designed to shape a future where the air is safe to breathe and transport is more sustainable. The company's electric components and systems include pumps, electric fans, alternators, thermal system modules and control systems for trucks, buses, construction machinery and other heavy-duty vehicles, enabling vehicle manufacturers and suppliers to reduce cost of energy consumption and thereby delivering a cleaner and greener future.

Website
Formerly Known As
Comesys Europe, Msi Holdings
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Other Industries
Automotive
Environmental Services (B2B)
Primary Office
  • Unit 3D, Admiral Business Park
  • Nelson Industrial Estate, Northumberland
  • Cramlington NE23 1WG
  • England

+44 01670 000000
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AVID Technology (Robotics) Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 05-Jul-2016 $4.47M 00.000 Completed Generating Revenue
4. Grant 22-Mar-2016 00000 00.000 Completed Generating Revenue
3. Early Stage VC 25-Nov-2015 00000 00.000 00.000 Completed Product Development
2. Early Stage VC 25-Mar-2014 $1.61M $3.06M 00.000 Completed Product Development
1. Early Stage VC 08-Sep-2011 $1.45M $1.45M 00.000 Completed Startup
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AVID Technology (Robotics) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
A Ordinary 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Ordinary 000,000 00.000000 00.00 00.00 00 00.00 0.000
A Ordinary 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
A Ordinary 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
A Ordinary 00,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
AA Ordinary 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
A Ordinary 197,814 $0.015206 $6.08 $2.39 $2.39 1x $2.39 1.44%
Ordinary 513,700 $0.015206 $0.84 $0.84 1x $0.84 3.75%
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AVID Technology (Robotics) Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Andy Hales Angel (individual) Minority 000 0000 000000 0
Downing Ventures Venture Capital Minority 000 0000 000000 0
NVM Private Equity PE/Buyout Minority 000 0000 000000 0
Innovate UK Government 000 0000 000000 0
Office for Low Emission Vehicles Corporation 000 0000 000000 0
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AVID Technology (Robotics) Executive Team (5)

Name Title Board
Seat
Contact
Info
Ryan Maughan Founder, Board Member & Managing Director
Iain Young Board Member & Director, Sales
Louise Fice Board Member & Finance Director
Mauro Biagioni Non-Executive Director

1 Former Executive

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AVID Technology (Robotics) Board Members (8)

Name Representing Role Since Contact
Info
Andy Hales Self Chairman 000 0000
Iain Young AVID Technology (Robotics) Board Member & Director, Sales 000 0000
Louise Fice AVID Technology (Robotics) Board Member & Finance Director 000 0000
Michael Browne Self Board Member 000 0000
Michael Hunt AVID Technology (Robotics) Board Observer 000 0000

2 Former Board Members

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