DeepDrive

DeepDrive is a high-tech electric motor company developing patented Dual Rotor motor technology for electric vehicles (EVs). Their technology offers a 20 percent efficiency increase and significant cost reduction compared to existing benchmarks, enabling automakers to produce high-volume EVs with extended range. This innovation aims to accelerate mass EV adoption and reduce the price gap between EVs and internal combustion engine vehicles.

Buy Funded Startups lists

Funding Round: Series B

Funding Amount: €30M

Date: 19-Sep-2024

Investors: Leitmotif, BMW i Ventures, co-pace, UVC Partners, Bayern Kapital

Markets: Automotive, Electric Vehicles, Robotics

HQ: Munich, Bavaria, Germany

Founded: 2021

Website: https://deepdrive.tech/

LinkedIn: https://www.linkedin.com/company/deepdrivetech

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