MOTEG Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 30

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $122K

  • Investors
  • 1

MOTEG General Information

Description

Manufacturer of gears and ancillaries designed for electrical vehicles. The company's offerings include a series of electrical ancillaries for battery-operated electric utility vehicles and magnetic gears for use in mobile drive technology, enabling the automobile industry to get a smaller, lighter, quieter, and more powerful product.

Contact Information

Website
www.moteg.de
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Alter Kirchenweg 87
  • Handewitt
  • 24983 Flensburg
  • Germany
+49 04608
Primary Industry
Road
Parent Company
Poclain Hydraulics Industrie
Vertical(s)
Advanced Manufacturing, CleanTech, Mobility Tech, Manufacturing, Industrials
Corporate Office
  • Alter Kirchenweg 87
  • Handewitt
  • 24983 Flensburg
  • Germany
+49 04608

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MOTEG Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Debt - General 08-Sep-2023 $122K Completed Generating Revenue
5. Merger/Acquisition 11-Mar-2024 Completed Generating Revenue
4. Debt - General 24-May-2023 Completed Generating Revenue
3. Later Stage VC (Series C) Cancelled Generating Revenue
2. Grant 23-Jul-2020 $1.74M Completed Generating Revenue
1. Later Stage VC (Series 2) 08-Aug-2019 Completed Generating Revenue
To view MOTEG’s complete valuation and funding history, request access »

MOTEG Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

MOTEG Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102019105277-B3 Hydraulic power steering, vehicle with such a hydraulic power steering and method for operating a hydraulic power steering Active 01-Mar-2019
DE-102016123436-A1 Vehicle combination for passenger transport and method for operating such a vehicle combination Inactive 05-Dec-2016
DE-102015115513-A1 External rotor machine Inactive 16-Oct-2014
DE-202014008235-U1 External rotor machine Inactive 16-Oct-2014 H02K1/2791

MOTEG Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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MOTEG Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
European Commission Government
Hirschvogel Ventures Corporate Venture Capital Minority
Seed and Startup Fund Schleswig-Holstein Venture Capital Minority
To view MOTEG’s complete investors history, request access »

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MOTEG FAQs

  • When was MOTEG founded?

    MOTEG was founded in 2014.

  • Where is MOTEG headquartered?

    MOTEG is headquartered in Flensburg, Germany.

  • What is the size of MOTEG?

    MOTEG has 30 total employees.

  • What industry is MOTEG in?

    MOTEG’s primary industry is Road.

  • Is MOTEG a private or public company?

    MOTEG is a Private company.

  • What is MOTEG’s current revenue?

    The current revenue for MOTEG is .

  • How much funding has MOTEG raised over time?

    MOTEG has raised $122K.

  • Who are MOTEG’s investors?

    European Commission, Hirschvogel Ventures, and Seed and Startup Fund Schleswig-Holstein have invested in MOTEG.

  • When was MOTEG acquired?

    MOTEG was acquired on 08-Sep-2023.

  • Who acquired MOTEG?

    MOTEG was acquired by Poclain Hydraulics Industrie.

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