Tesla

Tesla designs and manufactures electric vehicles and energy generation and storage systems, pursuing a vertically integrated approach to product and software development. It offers a full range of electric cars, including sedans and crossover models, and markets its vehicles through company-owned stores and its website. The company also produces and sells stationary energy storage batteries for residential, commercial, and utility use, and provides solar energy generation and solar storage products. It operates a fast-charging network and develops autonomous driving software. Headquartered in Palo Alto, California, Tesla serves international markets and aims to accelerate the transition to sustainable mobility through innovation across vehicles, energy, and software.

Rohan Patel

Director

Tom Zhu

SVP of Automotive

12 past transactions

Wiferion

Acquisition in 2023
Wiferion GmbH, based in Freiburg, Germany, specializes in wireless charging and energy storage systems designed for mobile robots, automated guided vehicles (AGVs), and electric forklifts. Founded in 2015, the company, previously known as Blue Inductive GmbH, offers a comprehensive range of products, including charging pads, receiver coils, mobile charging units, and energy storage systems. Wiferion's innovative etaLINK series of inductive charging systems has received multiple accolades, including the IFOY Award, and is widely used across various sectors, including logistics, industrial, and automotive. The company's technology enables efficient energy supply and supports retrofitting of existing fleets, allowing users to enhance fleet efficiency and utilization by up to 30%. By implementing lean manufacturing principles, Wiferion aims to minimize downtime and reduce maintenance costs associated with traditional plug-in charging methods. With over 3,000 etaLINK systems sold in more than 20 countries, Wiferion positions itself as a leading provider of mobile wireless power solutions for electric industrial vehicles, driving advancements in sustainable energy supply.

Coredax

Venture Round in 2022
Coredax is a trading platform for cryptocurrency that offers investment stock management services.

Springpower

Acquisition in 2021
Springpower is a manufacturing company that supplies clean cathode materials to battery manufacturers. It develops and commercializes graphene and silicon nanomaterials for lithium-ion batteries, with technologies designed to use less water and energy and to avoid wastewater, enabling cost-effective mass production of battery materials.

ATW Automation

Acquisition in 2020
ATW Automation is a supplier assembling battery modules and packs for the auto industry.

Hibar Systems

Acquisition in 2019
Hibar Systems is an Ontario-based company that specializes in battery manufacturing. The company started as a small cell battery through a mechanized pump injection system. Hibar Systems was founded by German-Canadian engineer Heinz Barall and is headquartered in Richmond Hill, Ontario, Canada.

DeepScale

Acquisition in 2019
DeepScale develops perceptual system software for semi-autonomous and autonomous vehicles. It enables automakers to use industry-standard low-wattage processors, enhancing perception accuracy without requiring high-end hardware.

Maxwell Technologies

Acquisition in 2019
Maxwell Technologies develops, manufactures, and markets energy storage and power delivery solutions. Their products cater to diverse industries such as automotive, heavy transportation, renewable energy, backup power, wireless communications, and industrial electronics.

ZOLA Electric

Series D in 2018
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

Perbix

Acquisition in 2017
Perbix is a manufacturer specializing in highly automated manufacturing equipment, founded in 1976 as Perbix Machine Company. The company has evolved from a build-to-print shop into a prominent provider of comprehensive manufacturing and engineering services. Its offerings include complete design and fabrication of automation systems, custom machining of components, and contract manufacturing services. Perbix focuses on enhancing factory automation to support the transition to sustainable energy, providing equipment and systems that facilitate efficient production processes. Additionally, the company offers maintenance and contracting services related to its automation solutions, ensuring a holistic approach to manufacturing needs.

Grohmann Engineering

Acquisition in 2016
Grohmann Engineering GmbH is a specialized company based in PrĂ¼m, Germany, focused on the development, supply, and servicing of automated and assembly systems across various industries, including automotive, pharmaceuticals, medical, and semiconductors. Established in 1963, the company offers a wide range of products such as assembly systems, placement machines, laser and bonding systems, test and thermal systems, and automated fiber-end finishing systems, among others. In addition to its core markets, Grohmann Engineering serves sectors including telecommunications, consumer electronics, and biotechnology. The company maintains a global presence with service and support centers in multiple regions, including North America, Asia, Europe, and Australia. As of 2017, Grohmann Engineering operates as a subsidiary of Tesla, Inc., functioning as Tesla's Advanced Automation facility to enhance the efficiency and automation of its manufacturing processes.

SolarCity

Acquisition in 2016
SolarCity is a solar energy system provider based in San Mateo, California, dedicated to delivering reliable clean energy solutions for homes and businesses. The company specializes in the development and sale of solar panels and solar roof tiles, offering comprehensive services that include system design, financing, and installation. In 2016, SolarCity was acquired by Tesla, which subsequently transformed its business model by moving operations to a fully online platform and integrating its offerings with Tesla's electric vehicles and battery systems. This strategic shift has enabled SolarCity to enhance its presence in the renewable energy sector, reaching a broader customer base and promoting sustainable energy usage.

Riviera Tool

Acquisition in 2015
Riviera Tool Co is a prominent manufacturer specializing in the design and production of large-scale stamping die systems that form sheet metal parts. These intricate systems play a crucial role in the automotive industry, facilitating the production of essential vehicle components such as roofs, hoods, fenders, doors, door frames, structural elements, and bumpers. Riviera Tool Co serves a wide range of esteemed automobile manufacturers, solidifying its position as a key player in the market for automotive body parts.
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