DeepDrive secures €30 million in Series B for electric motor technology

News
Corporate developments
ATI News Team

With a total of €49.35 million raised, DeepDrive aims to commercialize its technology, promising a 20% efficiency increase and significant CO2 savings

DeepDrive, an innovative electric motor company based in Munich, has successfully closed an oversubscribed €30 million Series B funding round, following a €15 million Series A in March 2023.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload