AVID Technology (Electrified Powertrain Components)
2004
FOUNDED
PRIVATE
STATUS
Later Stage VC
LATEST DEAL TYPE
$9.1M
LATEST DEAL AMOUNT
8
INVESTORS
Description
Developer and manufacturer of electrified powertrain components and systems intended for for heavy-duty and high-performance electric and hybrid vehicles. The company's components and systems include electronic throttle controls, electric pumps, traction motors, electronic control systems and other mobile electronics for trucks, buses, construction machinery and other heavy-duty vehicles, enabling heavy vehicle manufacturers to reduce cost of energy consumption and support a cleaner environment.
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
Primary Office
- Unit 3D, Admiral Business Park
- Nelson Way
- Cramlington NE23 1WG
- England, United Kingdom
+44 01670 000000
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AVID Technology (Electrified Powertrain Components) Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 06-Mar-2019 | $9.1M | 000.00 | Completed | Generating Revenue | |
| 5. Later Stage VC | 05-Jul-2016 | 00.000 | 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 | $3.1M | 00.000 | Completed | Product Development |
| 1. Early Stage VC | 08-Sep-2011 | $1.49M | $1.49M | 00.000 | Completed | Startup |
AVID Technology (Electrified Powertrain Components) 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 | 00.0 | 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 | 00.0 | 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 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| A Ordinary | 00,000 | 00.000000 | 00.0 | 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 | $0.015251 | $6.1 | $2.39 | $2.39 | 1x | $2.39 | 1.44% |
| Ordinary | 513,700 | $0.015251 | $0.84 | $0.84 | 1x | $0.84 | 3.75% |
AVID Technology (Electrified Powertrain Components) Competitors (8)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Hyliion | Venture Capital-Backed | Austin, TX | 00 | 000.00 | 0000000000 0 | 000.00 |
| 0000000 000000000 | Corporate Backed or Acquired | Ontario, CA | 00 | 00000000000 | ||
| 000 | Corporate Backed or Acquired | Boucherville, Canada | 000 | 000000&0 | ||
| 000000 00000 00000 | Venture Capital-Backed | Phoenix, AZ | 000 | 00000 | 00000000000 | 00000 |
| 00000 000000 | Angel-Backed | Chelmsford, United Kingdom | 000.00 | 000000000000 | 000.00 |
AVID Technology (Electrified Powertrain Components) Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Maven Capital Partners | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| 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 |
AVID Technology (Electrified Powertrain Components) Executive Team (6)
2 Former Executives
You’re viewing 4 of 6 executives. Get the full list »AVID Technology (Electrified Powertrain Components) Board Members (10)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Andy Hales | Self | Chairman | 000 0000 | |
| David Stark | AVID Technology (Electrified Powertrain Components) | Board Member & Finance and Operations Director | 000 0000 | |
| Iain Young | AVID Technology (Electrified Powertrain Components) | Board Member & Director, Sales | 000 0000 | |
| keith Ternent | AVID Technology (Electrified Powertrain Components) | Board Member & Engineering Director | 000 0000 | |
| Mauro Biagioni | NVM Private Equity | Board Member | 000 0000 |
3 Former Board Members
You’re viewing 5 of 10 board members. Get the full list »