The developer of improved internal combustion engines that increase fuel efficiency, reduce greenhouse gas emissions at a lower cost.
Location: United States, California, San Diego
Employees: 51-200
Total raised: $96.3M
Founded date: 2004
Investors 3
| Date | Name | Website |
| 16.02.2022 | Saudi Aram... | saev.com/ |
| - | Triangle P... | trianglepe... |
| - | Pivotal Ca... | pivotalcp.... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 30.10.2017 | Series D | $29.8M | - |
| 16.10.2013 | Series C | $35.2M | - |
| 08.01.2010 | Series B | $19.2M | - |
| 05.10.2009 | - | $12.1M | - |
Mentions in press and media 15
| Date | Title | Description |
| 30.10.2017 | Achates Power Closes $29.8M Series D Equity Funding | Achates Power, Inc., a San Diego, CA-based developer of internal combustion engines that aim to increase fuel efficiency and reduce GHG emissions, raised $29.8M in Series D equity funding. Backers included OGCI Climate Investments, the inve... |
| 10.09.2014 | Achates Power Announces It Is Issuing $21.2M in Stock | Sorrento Valley-based Achates Power Inc. told U.S. securities regulators in a Sept. 5 filing that it was issuing $21.2 million in stock. The business said it had issued $11.2 million to two investors, beginning on Aug. 25, and plans to issu... |
| 11.10.2013 | Achates Power secures $35M to fuel efficient engine development | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Updated Sunday, Oct. 13 at 5:15 PM PST with fuel ... |
| 11.10.2013 | Achates Power secures $35M to fuel efficient engine development | Updated Sunday, Oct. 13 at 5:15 PM PST with fuel efficiency details from an Achates representative Internal combustion fans, throw your hands in the air! …No one? While hybrid and electric transport get the lion’s share of automotive hype n... |
| 10.10.2013 | Achates Power Closes $35.2M in Series C Financing | Achates Power, Inc., a San Diego, Calif.-based developer of internal combustion engines that increase fuel efficiency and reduce greenhouse gas emissions, raised $35.2m in Series C financing. Backers included existing investors Sequoia Capi... |
| 10.10.2013 | Achates Power Receives $35.2M in Series C | SAN DIEGO, CA, Developer of radically improved internal combustion engines announced the addition of $35.2 million in Series C financing. >> Click here for more funding data on Achates Power >> To export Achates Power fundin... |
| 10.10.2013 | Achates Power Receives $35.2M in Series C Financing | Achates Power Inc., a maker of fuel efficient internal combustion engines for commercial vehicles and other uses, has received $35.2 million in Series C financing. The participants in this round consist of existing investors – Sequoia Capit... |
| 09.10.2013 | Achates Power Raises $35.2M More | San Diego-based Achates Power--which is developing technology it says radically improves the internal combustion engine--has raised $35.2M more for its efforts, the company said Tuesday, bringing its total raised to nearly $90M. The company... |
| 09.10.2013 | Achates Power Refuels with $35M for Cleaner, Fuel-Efficient Engine | Share Share on Facebook Share on Twitter LinkedIn Email Reprints San Diego’s Achates Power says today it has raised $35.2 million in a Series C round of venture financing to advance its opposed-piston engine, saying its cleaner and more fue... |
| 17.01.2013 | Achates Claims Huge Gains in Fuel Efficiency of Opposed-Piston Design | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Achates Power was founded in 2004 with the idea of re-engineering the opposed-piston, two-stroke engine, a design that has been used in ships and submarines, aircraft, trucks,... |
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