Efficient Drivetrains Lands $7,850,000 Series C Funding Round

  • Feed Type
  • Date
    9/22/2016
  • Company Name
    Efficient Drivetrains
  • Mailing Address
    1181 Cadillac Court Milpitas, CA 95035 USA
  • Company Description
    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.
  • Website
    http://www.efficientdrivetrains.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,850,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    H&Q Asia/Pacific
  • Venture Investor
    Jianmin Pharmaceuticals
  • Venture Investor
    Undisclosed

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