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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

DeepDrive

start up
Germany - Munich
  • 20/09/2024
  • Series B
  • $33,507,300

We are DeepDrive, a high-tech company headquartered in Munich, Germany, offering revolutionary drive units for electric vehicles.

Addressing the most pressing challenges of today's electric vehicles, our patented Dual Rotor motor topology does not only enable high-volume EVs with >800 km of range but also can save automakers more than €1 billion in costs when deployed at scale. Additionally, it enables EVs to drastically reduce carbon emissions, potentially saving multiple gigatonnes of CO2 emissions over the EV fleet's lifetime. Versatile in design, our technology can be seamlessly integrated into the wheels or employed as a traditional central drive.

Our experts with extensive experience in large-scale series production and the support of high-profile investors, including Leitmotif, BMW i Ventures, Continental‘s Corporate Venture Capital Unit, UVC Partners,, and Bayern Kapital make DeepDrive the motor of electric mobility. Additional investors include industry veteran Dr. Peter Mertens (former board member and CTO of Audi and Volvo) and top start-up executive Jonas Rieke (COO of Personio).


Related People

Stefan EnderCo Founder

Stefan Ender Germany - Munich, Bavaria

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