Visedo Oy - About the company
Visedo Oy is an acquired company based in Lappeenranta (Finland), founded in 2009. It operates as an Electric drivetrains for heavy duty vehicles. Visedo Oy has raised $24.4M in funding from investors like VNT Management, SEMIKRON and Emerald Technology Ventures. The company has 195 active competitors, including 37 funded and 24 that have exited. Its top competitors include companies like Sono Motors, TSUYO and IRP Systems.
Company Details
Visedo Oy develops, manufactures and delivers electrical drive trains for heavy mobile work machine, marine vessel and bus applications. The drive trains are suitable for both hybrid electric (HEV) and electric vehicle (EV) solutions to harsh operating environment. The latest technology offers the optimal solutions to save fuel and to lower emission and noise levels. The company is located in Lappeenranta, Finland.
Key Metrics
Founded Year
2009
Location
Lappeenranta, Finland
Stage
Acquired
Total Funding
$24.4M in 4 rounds
Latest Funding Round
Investors
Ranked
37th among 195 active competitors
Employee Count
1 as on Jul 01, 2024
Exit Details
Acquired by Danfoss (Nov 01, 2017)
Visedo Oy's acquisition details
Visedo Oy got acquired by Danfoss on Nov 01, 2017.
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Visedo Oy's funding and investors
Visedo Oy has raised a total funding of $24.4M over 4 rounds. Its first funding round was on Mar 09, 2010. Its latest funding round was a Series B round on Dec 18, 2016 for $*****. 8 investors participated in its latest round. Visedo Oy has 11 institutional investors.
Here is the list of recent funding rounds of Visedo Oy:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 18, 2016 | 7982342 | Series B | 8679924 | 3709945 | 2969981 | 3441035 |
Dec 18, 2016 | 1504923 | Conventional Debt | 3422362 | 8084564 | 4688787 | |
Dec 16, 2013 | 5441935 | Series A | 3934244 | 3836048 |
View details of Visedo Oy's funding rounds and investors
Visedo Oy's founders and board of directors
Founder? Claim ProfileVisedo Oy's employee count trend
Visedo Oy has 1 employees as of Jul 24. Here is Visedo Oy's employee count trend over the years:
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Visedo Oy's Competitors and alternates
Top competitors of Visedo Oy include Sono Motors, TSUYO and IRP Systems. Here is the list of Top 10 competitors of Visedo Oy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sono Motors 2013, Munich (Germany), Public | Developer of solar solutions for vehicle original equipment manufacturers | $120M | 65/100 | |
2nd | Platform offering motors for multi-category electric-three wheelers | $4.5M | 63/100 | ||
3rd | IRP Systems 2015, Ness Ziona (Israel), Series C | Provider of software-defined electric powertrain system for micro mobility | $57M | 62/100 | |
4th | Hyliion 2015, Cedar Park (United States), Public | Developer of AI-enabled electrified powertrain solutions for commercial vehicles | $46.1M | 60/100 | |
5th | Ebusco 2010, Deurne (Netherlands), Public | Manufacturer of electric buses and energy storage systems for transport | - | - | 58/100 |
6th | ISE Corporation 1995, San Diego (United States), Acqui-Hired | Domain expired; Sedo parking page with domain renewal and WHOIS tools | $23.1M | 57/100 | |
7th | Hexagon Purus 2018, Alesund (Norway), Public | Provider of systems and solutions for clean transportation and energy applications | - | 57/100 | |
8th | Vitesco Technologies 2018, Hannover (Germany), Acquired | Developer of powertrain system for multi-category vehicles | - | 56/100 | |
9th | Equipmake 2002, Snetterton (United Kingdom), Public | Developer of electric drivetrain solutions for automotive, aerospace, and bus industries | - | 55/100 | |
10th | ULEMCo 2014, Liverpool (United Kingdom), Series A | Developer of hydrogen fuel solutions for heavy-duty equipment and specialist vehicles | $7.84M | 54/100 | |
37th | Electric drivetrains for heavy duty vehicles | $24.4M | 40/100 |
Looking for more details on Visedo Oy's competitors? Click here to see the top ones
Visedo Oy's Investments and acquisitions
Visedo Oy has made no investments or acquisitions yet.
Reports related to Visedo Oy
Here is the latest report on Visedo Oy's sector:
News related to Visedo Oy
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Visedo introducing new SRPM motor design for buses; 10% increase in power, better coolinggreencarcongress.com•Oct 20, 2017•Visedo Oy
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Visedo and TECO partner on heavy vehicle electric motorsgreencarcongress.com•May 12, 2017•Visedo Oy, TECO, TECO
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New hybrid electric ferry launches in Taiwan with Visedo electric propulsion systemgreencarcongress.com•Feb 02, 2017•Visedo Oy
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