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 International
Acquisition in 2021
Springpower International is a manufacturing company that specializes in clean cathode materials for battery manufacturers. The company focuses on developing and commercializing advanced materials, including graphene and silicon nanomaterials, for lithium-ion batteries. By utilizing innovative production methods that consume less water and energy, Springpower produces materials that generate no wastewater, thus eliminating the need for costly wastewater treatment processes. This environmentally friendly approach enables battery manufacturers to enhance the performance and affordability of their products, ultimately supporting the growth of electric vehicles with sustainable and cost-effective materials and technologies.
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, Inc. is a technology company based in Mountain View, California, founded in 2015. It specializes in developing perceptual system software for semi-autonomous and autonomous vehicles, focusing on enhancing the capabilities of advanced driver-assistance systems. The company provides a visual perception platform that leverages artificial intelligence and deep learning techniques to enable vehicles to accurately interpret their surroundings in real time. By utilizing industry-standard low-wattage processors, DeepScale's solutions facilitate the deployment of energy-efficient deep neural networks, which are essential for processing data from sensors, mapping, and planning systems. As of October 2019, DeepScale operates as a subsidiary of Tesla, Inc.
Maxwell Technologies
Acquisition in 2019
Maxwell Technologies specializes in the development, manufacturing, and marketing of energy storage and power delivery solutions. Its products cater to various sectors, including automotive, heavy transportation, renewable energy, backup power, wireless communications, and industrial and consumer electronics. The company is known for producing ultra-high-voltage capacitors, as well as truck and generator starting capacitors, which are designed to deliver cost-effective, energy-efficient, and environmentally friendly performance. Maxwell Technologies aims to ensure failure-free operation throughout the lifespan of its products, even in the most demanding applications, and also develops radiation-hardened microelectronic components and systems for satellites and spacecraft.
Zola Electric
Series D in 2018
Zola Electric is a provider of off-grid solar solutions focused on the African market, specifically operating in Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012 and based in Arusha, Tanzania, with an office in San Francisco, the company specializes in renewable energy systems that leverage advanced solar, battery, and power electronics technology. Zola Electric offers solar home kits through a leasing or purchase model, enabling households and businesses to access clean and affordable energy. The company employs a pay-as-you-go micro-finance system that accommodates varying energy needs and income levels, powering over 180,000 homes and businesses. Recognized for its innovative approach, Zola Electric has received several awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and is included in the Global Cleantech 100.
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.