Avid Technology Group

United Kingdom
Cramlington, England, United Kingdom, NE23 1WG

Company profile

Avid Technology Group company profile

AVID is a leader in the design and manufacturing of smart electrified ancillary and advanced thermal management systems. AVID’s innovative technology is used by leading manufacturers of heavy-duty and high-performance electric and hybrid vehicle powertrains to improve conventional engine efficiency through efficient thermal management, lubrication and electrified ancillary systems. AVID’s ability to support programs from concept to production is demonstrated through a growing global customer base of leading vehicle manufacturers, tier 1 suppliers and heavy-duty fleet operators.

Business identity

Contact email
[email protected]
Phone number
+4401670707040
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2004-01-01, Year

Headquarters

Postal code
NE23 1WG
Country code
GB
Continent
Europe

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
2
Total equity funding
$13.6M
Last funding
Series Unknown / $9.2M / 2019-03-06
Last equity funding
Series Unknown / $9.2M
Investors
5
Lead investors
2
Founders
1
Articles
1
Exited on
2021-06-30

Founders and investors

Founders

Ryan Maughan

Lead investors

Maven Capital PartnersNVM Private Equity

Investors

Downing VenturesMaven Capital PartnersNorth East Development Capital FundNorth East Technology FundNVM Private Equity