When was Nidec Group founded?

Nidec Group was founded in 1973 and raised its 1st funding round 48 years after it was founded.

Where is Nidec Group located?

Nidec Group is headquartered in Germany. It is registered at UNIT I-4B,HORNBEAM PARK OVAL,HARROGATE,ENGLAND,HG2 8RB.

Who is the current CEO of Nidec Group?

Shigenobu Nagamori of Nidec Group.

How many employees does Nidec Group have?

As of Mar 31, 2026, the latest employee count at Nidec Group is 67.

Is Nidec Group a funded company?

Nidec Group is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 28, 2021.

When was the latest funding round of Nidec Group?

Nidec Group's latest funding was a $***** Grant (prize money) round on Jun 13, 2023, with participation from 1 investor.

What is the annual revenue of Nidec Group?

Annual revenue of Nidec Group is between £1M and £10M as on Mar 31, 2025

Where does Nidec Group rank among its competitors?

Nidec Group ranks 46th amongst 7286 active competitors, of which 89 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cummins, which secured $2.1M in Sep, 2025.

Who are the top competitors of Nidec Group?

Nidec Group's top competitors include Cummins, SEDEMAC and Motherson Group. Among them, Cummins secured the most recent funding round in September, 2025.

Nidec Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of motors, machinery, electronic and optical components, and related products. The company specializes in motor application products, offering an expansive product line. These products range from small precision to supersized motors. The company's products are used in objects and devices critical to lives and society.

Website: www.nidec.com/en/
Registered Address: UNIT I-4B,HORNBEAM PARK OVAL,HARROGATE,ENGLAND,HG2 8RB

Key Metrics

Founded Year

1973

Location

Germany

Stage

Public

Latest Funding Round

Grant (prize money), Jun 13, 2023, $*****

Investors

Triodos Investment Management & 2 more

Ranked

46^th among 7286 active competitors

Annual Revenue

£1M - £10M as on Mar 31, 2025

Employee Count

67 as on Mar 31, 2026

Investment & Acquisitions

Xecom & 30 more

Similar Companies

SEDEMAC & 1372 more

Exit Details

Public

View Nidec Group's full profile

Nidec Group is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NIDEC INSTRUMENTS (THAILAND) CO., LTD. CIN: 0105553091194 , Thailand, Active	Jul 29, 2010	$10M - $50M (As on Dec 31, 2023)	-
Nidec Industrial Automation Denmark A/S CIN: 73588014 , Denmark, Active	Jun 17, 1984	-	13 (As on Feb 29, 2024)
NIDEC INDIA PRIVATE LIMITED CIN: U29100HR2010FTC041709 , India, Active	Dec 16, 2010	₹1,000+ Cr (As on Mar 31, 2025)	689 (As on Aug 01, 2025)
Nidec Sr Drives Ltd. CIN: 1517273 , United Kingdom, Active	Sep 11, 1980	£1M - £10M (As on Mar 31, 2025)	16 (As on Mar 31, 2024)
Control Techniques India Private Limited CIN: U30006KA1993PTC175731 , India, Amalgamated	Sep 17, 1993	₹100 - ₹500 Cr (As on Mar 31, 2024)	107 (As on Sep 30, 2024)
NIDEC INDUSTRIAL AUTOMATION INDIA PRIVATE LIMITED CIN: U31101KA2000PTC026953 , India, Active	Apr 20, 2000	₹500 - ₹1,000 Cr (As on Mar 31, 2024)	191 (As on Oct 31, 2024)

Nidec Group got listed on Sep 16, 1998.

Click here to take a look at Nidec Group's IPO in detail

Nidec Group has raised funding over 3 rounds. Its first funding round was on May 28, 2021. Its latest funding round was a Grant (prize money) round on Jun 13, 2023 for $*****. 1 investor participated in its latest round. Nidec Group has 3 institutional investors.

Here is the list of recent funding rounds of Nidec Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 13, 2023	6540076	Grant (prize money)	4666235	5841299	7059119	4076143
Jan 14, 2022	3661646	Grant (prize money)	7029486	2422703	5897796	Economy And Finance
May 28, 2021	2767349	Grant (prize money)	9331893	2338636	6748393	Economy And Finance

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Nidec Group's employee count trend

Nidec Group has 67 employees as of Mar 26. Here is Nidec Group's employee count trend over the years:

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Top competitors of Nidec Group include Cummins, SEDEMAC and Motherson Group. Here is the list of Top 10 competitors of Nidec Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cummins 1919, Columbus (United States), Public	Manufacturer of gas-powered construction equipment	-	Centralia Coal Transition Grants, Drona Capital ... & 8 others	76/100
2nd	SEDEMAC 2007, Mumbai (India), Series B	Manufacturer of motor vehicle parts	$25.8M	Nexus Venture Partners, NRJN Family Trust ... & 23 others	75/100
3rd	Motherson Group 1975, Noida (India), Public	Manufactures electrical distribution systems for automobiles	-	Nepean Capital, India Capital Growth & 2 others	72/100
4th	Uno Minda 1958, Gurugram (India), Public	Manufacturer and supplier of major auto components to OEMs and tier 1 companies	$260M	Motilal Oswal Private Equity, IDBI Bank & 7 others	71/100
5th	Magna 1957, Aurora (Canada), Public	Manufacturer and supplier of automotive components to OEMs	-	St. Paul’s Lutheran Church, BAFA & 5 others	71/100
6th	Valeo 1923, Paris (France), Public	Provider of a global automotive supplier providing a range of products and services to automakers, with a focus on innovation and technology in the field of mobility	-	Bpifrance, Ministry of Economy, Finance and Industrial and Digital Sovereignty ... & 1 others	70/100
7th	CIE Automotive 2002, Bilbao (Spain), Public	Manufacturer and supplier of major auto components to OEMs and tier 1 companies	$16.3M	Kedaara, Ainos Holdings & 18 others	68/100
8th	American Axle & Manufacturing 1917, Detroit (United States), Acquired	Global automotive supplier delivering driveline, metal forming, and electrification technologies	-	American Securities, Mirae Asset & 2 others	67/100
9th	Schaeffler 1946, Herzogenaurach (Germany), Public	Manufacturer of bearings for the automotive industry	-	Gov.cz, Europa	67/100
10th	RSB 1973, Pune (India), Late Stage	Manufacturer of aggregates and systems related to commercial vehicles and passenger cars	$38.1M	IIML & 27 others	67/100
46th	Nidec Group 1973, Germany, Public	Manufacturer of motors, machinery, electronic and optical components, and related products	-	Triodos Investment Management, Austria Wirtschaftsservice ... & 1 others	56/100

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Nidec Group has made 3 investments in companies including Eve and Gore Street Energy Storage Fund. Nidec Group has also acquired 28 companies including Xecom and Innomotics.

Here is the list of investments & acquisitions:

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