EKU Power Drives

EKU Power Drives provides intelligent, gas-electric hybrid solutions to enable oil and gas production with natural gas as the primary fuel.

Business Model:

Revenue: $0

Employees: 1-10

Detailed EKU Power Drives Information

Geographic Data

EKU Power Drives headquarters map

Address:

City: Stuttgart

State: Baden-Wurttemberg

Zip:

Country: Germany

Financial Info

Stage:

series a

Raised Last:

$0

Raised Total:

$481k

Metrics

117,842Website Global Rank

797,487Website Monthly Traffic

Twitter Followers

Description

EKU Power Drives provides intelligent, gas-electric hybrid solutions to enable oil and gas production with natural gas as the primary fuel, replacing diesel power trains. The solution lowers operating costs and reduces the environmental impact of hydraulic fracturing operations and flaring of associated gas. EKU Power Drives have first met for the development of an electric race car, which later became the fastest accelerating electric car in the world. After several years of experience in R&a;D centers of well established companies the founders reunited to develop more cost effective and resource-saving power train solutions for industrial applications. They strive for synergies of proven technologies. The smart gas-electric hybrid system combines the simple and robust gas engine technology with powerful and dynamic electric motors. In 2014 the company has started business in Stuttgart, Germany after receiving EXIST governmental funding.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2014 Grant $128.1k
9/2016 Grant 1 $56k EASME - EU Executive Agency for SMEs
EASME - EU Executive Agency for SMEs
1/2015 Grant $133.3k
6/2014 Grant $163.5k
6/2017 Series A 1 - Vector Venture Capital
Vector Venture Capital
6/2017 Series A 1 - Vector Venture Capital
Vector Venture Capital
Announced Date Name Price

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