Elaphe Propulsion Technologies

Sweden
Lammhult, Kronoberg, Sweden, 1000

Company profile

Elaphe Propulsion Technologies company profile

Elaphe focuses on innovation, research, and development of distributed direct drive architecture for electric and hybrid vehicles. They are a pioneer in the in-wheel electric motor technology, which unlocks multiple new paradigms in platform development and cost. The technology will, directly and indirectly, save millions of tons of raw materials, millions of GWh of energy, and billions of tons of C02 per year at scale. Elaphe has produced several generations of in-wheel motor prototypes that are being tested on several vehicles. These vehicles and motors serve as showcases for customers and are propelling us towards meeting standards and regulations of the automotive industry. Elaphe is on the way to meet serial production demands by Tier 1 suppliers and OEMs. In parallel, Elaphe also has wide knowledge of different fields of renewable energy and electric mobility, since strategic research for the government and international projects was part of the bootstrapping financing strategy. These activities also contribute building good personal networks with other experts.

Business identity

Contact email
[email protected]
Phone number
+386 40 310 500
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2006-10-26

Headquarters

Postal code
1000
Country code
SE
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
4
Total equity funding
$16.1M
Last funding
Non Equity Assistance / 2024-03-28
Last equity funding
Series A / $4.9M
Investors
3
Lead investors
3
Founders
1
Articles
23

Founders and investors

Founders

Gorazd Lampic

Lead investors

EIC Scaling ClubEISMEAEIT InnoEnergy

Investors

EIC Scaling ClubEISMEAEIT InnoEnergy