DeepDrive

Germany
Räbke, Lower Saxony, Germany, 80999

Company profile

DeepDrive company profile

We are DeepDrive, a high-tech company headquartered in Munich, Germany, offering revolutionary drive units for electric vehicles. Our patented DeepDrive Dual Rotor technology increases vehicle range by up to 20 % and significantly decreases their costs, enabling the next generation of cheaper, more sustainable EVs. Our drive units are highly compact and torque dense and can be integrated within the wheels or as a traditional central drive. They are optimized for low-cost, large-scale production and offer maximum performance and efficiency. We are currently working with eight of the top ten automakers on various development projects and are on track to introduce the DeepDrive Dual Rotor to the market in large-scale series production by 2026. Our team consists of 30 + experts with experience from leading players in the automotive industry and is backed by high-profile investors, including BMW i Ventures, Continental's CVC, UVC Partners, and Bayern Kapital. 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).

Business identity

Contact email
[email protected]
Phone number
+49 89 4132 7291
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0+
Founded
2021-05-01, Month

Headquarters

Postal code
80999
Country code
DE
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
3
Total equity funding
$54.5M
Last funding
Series B / $33.5M / 2024-09-19
Last equity funding
Series B / $33.5M
Investors
7
Lead investors
4
Founders
2
Articles
36

Founders and investors

Founders

Felix PoernbacherStefan Ender

Lead investors

BMW i Venturesco-paceLeitmotifUVC Partners

Investors

Bayern KapitalBMW i Venturesco-paceLeitmotifUVC Partners