Tech Company Financing Transactions
Efficient Drivetrains Funding Round
On 9/22/2016, Efficient Drivetrains received $7.9 million in Series C financing from H&Q Asia/Pacific, Jianmin Pharmaceuticals and private investors.
Transaction Overview
Company Name
Announced On
9/22/2016
Transaction Type
Venture Equity
Amount
$7,850,000
Round
Series C
Investors
H&Q Asia/Pacific (Lead Investor) (Robert Shen)
Proceeds Purpose
The company has already closed $7.85 million in its Series C round, and plans to complete the round with additional funding and investors in Q4 of 2016.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1181 Cadillac Ct.
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Overview
EDI's leading-edge hybrid-electric drivetrain systems and technologies enable OEMs to meet zero-emissions requirements while providing significant cost and efficiency advantages for parallel and series hybrid drivetrain architectures across nearly all platform classes and configurations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joerg Ferchau
Chief Operating Officer
David Mazaika
Chief Technical Officer
Andy Frank
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