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GLM - About the company

GLM is an acquired company based in Kyoto (Japan), founded in 2010 by Hiroyasu Koma. It operates as a Developer of electric car and drivetrain systems. GLM has raised $21.2M in funding. The company has 798 active competitors, including 62 funded and 44 that have exited. Its top competitors include companies like Tesla, Polestar and BYD.

Company Details

GLM is a Japan based company focused on the auto industry. GLM’s electric couple is dubbed the Tommykaira ZZ EV and is made in collaboration with the eponymous Japanese race car manufacturer. The startup produces a customizable chassis – the frame beneath the car – and Tommykaira provides the body. It can accelerate from zero to 100 km/h in 3.9 seconds. The company also develops electric drivetrains and supplies to various OEMs.
Website
glm.jp
Social
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Email ID
*****@glm.jp
Part Of
Key Metrics
Founded Year
2010
Location
Kyoto, Japan
Stage
Acquired
Total Funding
$21.2M in 3 rounds
Latest Funding Round
Ranked
Employee Count
8 as on Jul 01, 2024
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by O Luxe Holdings (Jul 07, 2017)

GLM's acquisition details

GLM got acquired by O Luxe Holdings on Jul 07, 2017.
Click here to take a look at GLM's acquisition in detail
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GLM's funding and investors

GLM has raised a total funding of $21.2M over 3 rounds. Its first funding round was on Oct 2013. Its latest funding round was a Series B round on May 25, 2015 for $*****. 5 investors participated in its latest round. GLM has 9 institutional investors.

Here is the list of recent funding rounds of GLM:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2015
9410668
Series B
2944783
5725658
3251715
8177561
Nov 27, 2013
8698104
Series A
3160694
6959651
2526219
Oct 2013
5000717
Seed
4305096
3570102
7931214
8987235
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GLM's founders and board of directors

Founder? Claim Profile
The founders of GLM is Hiroyasu Koma. Yuichi Miyashita is the CEO of GLM.
Here are the details of GLM's key team members:

GLM's employee count trend

GLM has 8 employees as of Jul 24. Here is GLM's employee count trend over the years:
Employee count trend for GLM
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GLM's Competitors and alternates

Top competitors of GLM include Tesla, Polestar and BYD. Here is the list of Top 10 competitors of GLM, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tesla
Tesla
2003, Austin (United States), Public
Electric vehicle and clean energy solutions provider
$408M
86/100
2nd
Logo for Polestar
Polestar
1996, Torslanda (Sweden), Public
Manufacturer of electric cars
$550M
79/100
3rd
Logo for BYD
BYD
1994, Shenzhen (China), Public
Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit
-
74/100
4th
Logo for Lucid
Lucid
2007, Newark (United States), Public
Manufacturer of electric vehicles and related technologies for consumer markets
$1.13B
73/100
5th
Logo for Xiaopeng
Xiaopeng
2014, Guangzhou (China), Public
Manufacturer of electric vehicles, AI technology, AI automotive, and AI robots
$2.65B
72/100
6th
Manufacturer of electric vehicles and related automotive products and services
$1.58B
71/100
7th
Logo for Fisker
Fisker
2007, Los Angeles (United States), Public
Manufacturer of electric cars
$1.11B
69/100
8th
Logo for NEVS
NEVS
2012, Trollhattan (Sweden), Acquired
Manufacturer of electric autonomous cars
$500M
67/100
9th
Logo for Segway-Ninebot
Segway-Ninebot
2012, Beijing (China), Series C
Manufacturer of multi-category electric vehicles
$240M
66/100
10th
Logo for Aptera Motors
Aptera Motors
2005, Carlsbad (United States), Public
Developer of solar electric vehicles designed for efficient energy use
$83.4M
66/100
42nd
Logo for GLM
GLM
2010, Kyoto (Japan), Acquired
Developer of electric car and drivetrain systems
$21.2M
47/100
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GLM's Investments and acquisitions

GLM has a total of 1 investment in SAVAGE RIVALE. GLM has not made any acquisitions as of now.

Reports related to GLM

Here is the latest report on GLM's sector:

News related to GLM

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Toyo to develop EV suspension moduleEuropean Rubber JournalJan 24, 2018Toyo Tire & Rubber, GLM
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