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.
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
Crunchbase: https://www.crunchbase.com/organization/deep-drive
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