Last deal

$9.2M
Local Amount - GBP 7M

Amount

Venture - Series Unknown

Stage

06.03.2019

Date

2

all rounds

$13.6M

Total amount

General

About Company
AVID designs and manufactures powertrain components and systems for heavy-duty and high-performance electric and hybrid vehicles.

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Also Known As

AVID, AVID Technology, Comesys Europe, Msi Holdings

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

AVID specializes in high-power density and efficiency electric motors, power electronics, and thermal and fluidic integration. Their innovative technology is used by leading manufacturers of trucks, buses, construction machinery, and other heavy-duty vehicles. AVID's solutions also find applications in robotics, aircraft electrification, and renewable energy. With a global customer base of vehicle manufacturers, tier 1 suppliers, and heavy-duty fleet operators, AVID supports programs from concept to production, helping improve engine efficiency and reduce energy consumption for a cleaner environment.
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