AVID is a leader in the design and manufacturing of smart electrified ancillary and advanced thermal management systems. AVID’s innovative technology is used by leading manufacturers of heavy-duty and high-performance electric and hybrid vehicle powertrains to improve conventional engine efficiency through efficient thermal management, lubrication and electrified ancillary systems.
AVID’s ability to support programs from concept to production is demonstrated through a growing global customer base of leading vehicle manufacturers, tier 1 suppliers and heavy-duty fleet operators.
AVID’s ability to support programs from concept to production is demonstrated through a growing global customer base of leading vehicle manufacturers, tier 1 suppliers and heavy-duty fleet operators.
Location: United Kingdom, England, Cramlington
Employees: 51-200
Phone: +44 1670 707040
Total raised: $13.55M
Founded date: 2004
Investors 1
| Date | Name | Website |
| - | Downing Ve... | downing.co... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.04.2019 | - | $9.16M | Maven Capi... |
| 06.07.2016 | - | $4.39M | - |
Mentions in press and media 2
| Date | Title | Description |
| 06.07.2016 | EV Powertrain System Manufacturer Avid Technology Raises £3.4M | Avid Technology Group, a Cramlington, UK-based manufacturer of electrified vehicle powertrain systems that improve vehicle efficiency and reduce emissions, raised £3.4m in funding. Backers included NVM Private Equity, which has made a £2.0m... |
| - | Investing in transport and mobility | I recently joined the Downing Ventures team, having spent the last three years investing in transport and mobility companies at Jaguar Land Rover’s VC fund - InMotion Ventures – a fund I helped set up in 2016. A major focus for my new role... |