Tech Company Financing Transactions
Leadrive Technology Funding Round
Legend Capital and Volvo Cars Tech Fund invested in a $82.1 million Series D funding round for Leadrive Technology. This VC investment round closed on 10/10/2023.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$82,120,000
Round
Series D
Investors
Legend Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to supplement operating cash flow, expand production capacity, and develop next-generation power modules, power bricks, and silicon carbide (SiC) technology.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Boulevard 79
Aachen, 52074
Germany
Aachen, 52074
Germany
Phone
Undisclosed
Website
Email Address
Overview
Our MISSION is to become the LEADING electric drive components supplier for EVERYTHING to be electrified. High performance, low cost drive train components. In house laboratory and testing infrastructure for customized developments. Fully automatic production line. Customized software package.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jie Shen
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