When was THIEN eDrives founded?

THIEN eDrives was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is THIEN eDrives located?

THIEN eDrives is headquartered in Lustenau, Austria.

How many employees does THIEN eDrives have?

As of Sep 30, 2026, the latest employee count at THIEN eDrives is 29.

Is THIEN eDrives a funded company?

THIEN eDrives 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 Jan 11, 2017.

When was the latest funding round of THIEN eDrives?

THIEN eDrives' latest funding was a $***** Grant (prize money) round on Feb 01, 2021, with participation from 1 investor.

THIEN eDrives - 2026 Company Profile & Funding

Company Details

Manufacturer of customized and standard electric motors, inverters, and drive systems. They provide engineering services from concept to mass production. The company offers tailored solutions for diverse applications, including electromobility and industrial settings. A line of standardized, energy-efficient drive systems is also available, featuring high efficiency and ease of integration. Their expertise encompasses design, prototyping, testing, qualification, and manufacturing.

Key Metrics

Founded Year

2011

Location

Lustenau, Austria

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Feb 01, 2021, $*****

Investors

Europa

Employee Count

29 as on Sep 30, 2026

View THIEN eDrives' full profile

THIEN eDrives has raised funding over 3 rounds. Its first funding round was on Jan 11, 2017. Its latest funding round was a Grant (prize money) round on Feb 01, 2021 for $*****. 1 investor participated in its latest round. THIEN eDrives has 1 institutional investor.

Here is the list of recent funding rounds of THIEN eDrives:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2021	4857029	Grant (prize money)	5933901	2163332	9335088	4313329
Nov 01, 2017	4067544	Grant (prize money)	8799572	5322321	4301911	Europa
Jan 11, 2017	7859294	Grant (prize money)	2832091	6482148	8612732	Europa