KLD Energy Technologies Obtains $10,000,000 New Round

  • Feed Type
  • Date
  • Company Name
    KLD Energy Technologies
  • Mailing Address
    1611 Headway Circle Austin, TX 78754
  • Company Description
    KLD Energy Technologies is transforming transportation and decreasing pollution through high-performance electric motor systems that enable the production of highly efficient, environmentally friendly two- and three-wheeled vehicles.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    KLD planned to build its business by first deploying its system in electric three-wheelers and scooters internationally (starting in Asia and South America), and targeting the electric scooter market in the U.S. through a deal with Vietnamese scooter manufacturer Sufat (with a starting scooter price of $3,288). KLD Energy offers the technology for licensing, while its subsidiary KLD Motors America manufactures electric motors using a nano-crystalline composite material at a facility in Vinh Phuc, Vietnam.
  • M&A Terms
  • Venture Investor

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