EcoMotors Secures Series B Funding

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    2401 W Big Beaver Road Troy, MI 48084
  • Company Description
    EcoMotors is developing innovative next-generation diesel engines, with a focus on fuel efficiency, low emissions and cost effective solutions for developing markets. The family of EcoMotors engines will set a new industry standard for clean efficient, lightweight, and durable propulsion systems for vehicles of all types. The compact, low-profile design of the EcoMotors engine family is the perfect solution for those manufacturers developing vehicles that offer “More room for man, less room for machine.” The inherently balanced EcoMotors’ engine family offers the unique ability to stack the modules and generate fuel efficiency improvements of over 50% with no compromise in vehicle power, performance, and driveability.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Cascade Investment
  • Venture Investor
    Khosla Ventures

Trending on Xconomy