When was MMI founded?

MMI was founded in 2016 and raised its 1st funding round 8 years after it was founded.

Where is MMI located?

MMI is headquartered in Gdansk, Poland.

Is MMI a funded company?

MMI is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Aug 27, 2024.

When was the latest funding round of MMI?

MMI's latest funding was a $***** Series A round on Aug 27, 2024, with participation from 1 investor.

Where does MMI rank among its competitors?

MMI ranks 98th amongst 514 active competitors, of which 21 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Mahindra Last Mile Mobility, which secured $33.6M in Jul, 2026.

Who are the top competitors of MMI?

MMI's top competitors include Proterra, EKA and Harbinger Motors. Among them, Mahindra Last Mile Mobility secured the most recent funding round in July, 2026.

MMI - 2026 Company Profile, Funding & Competitors

Company Details

MMI-BUS is a Polish company specializing in the production and sale of urban and tourist buses on Iveco and Mercedes-Benz chassis. Their buses are designed to be fuel-efficient, with options for CNG and electric propulsion. The company's focus is on providing reliable and versatile vehicles for public transportation and private use.

Key Metrics

Founded Year

2016

Location

Gdansk, Poland

Stage

Series A

Total Funding

$8.6M in 1 round

Latest Funding Round

Series A, Aug 27, 2024, $*****

Investors

Vinci

Ranked

98^th among 514 active competitors

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View MMI's full profile

MMI has raised a total funding of $8.6M over 1 round. Its latest funding round was a Series A round on Aug 27, 2024 for $*****. 1 investor participated in its latest round. MMI has 1 institutional investor.

Here is the list of recent funding rounds of MMI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 27, 2024	7740816	Series A	4763923	5143509	7059304	1428204

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Top competitors of MMI include Proterra, EKA and Harbinger Motors. Here is the list of Top 10 competitors of MMI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for heavy duty and commercial vehicles	$858M	Kleiner Perkins, GM Ventures & 38 others	76/100
2nd	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	Mitsui, NIIF & 6 others	75/100
3rd	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 23 others	66/100
4th	Mahindra Last Mile Mobility 1994, Mumbai (India), Series C	Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles	$138M	Lightrock, IFC & 4 others	65/100
5th	Daimler Truck 1895, Leinfelden Echterdingen (Germany), Public	Manufacturer of light, medium and heavy-duty trucks, city and intercity buses, coaches and bus chassis	$9B	Geely, BAIC & 4 others	65/100
6th	PMI Electro Mobility 2017, Gurugram (India), Series C	Manufacturer of electric buses for public transportation and school use	$89.2M	Authum, Piramal Group & 53 others	65/100
7th	Volvo Group 1927, Gothenburg (Sweden), Public	Brand of commercial vehicles	-	Renault, Cevian Capital & 6 others	65/100
8th	PACCAR 1905, Bellevue (United States), Public	Brand of commercial vehicles	-	Black Capital Investments, DOE & 2 others	64/100
9th	Scania 1891, Sodertalje (Sweden), Acquired	Manufacturer of commercial vehicles	-	Economy And Finance, Europa	63/100
10th	Qucev 2022, Hyderabad (India), Series B	Platform offering electric commercial vehicles	$19.1M	Singularity AMC, Barclays & 12 others	62/100
98th	MMI 2016, Gdansk (Poland), Series A	Manufacturer of urban buses and tourist coaches offering a range of models with alternative fuel options, including CNG and electric power	$8.6M	Vinci	36/100