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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
Ranked
Employee Count
1 as on Jul 01, 2024
Similar Companies
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:lockFilter this list
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
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Visedo Oy's founders and board of directors

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Visedo 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:
Employee count trend for Visedo Oy
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sono Motors
Sono Motors
2013, Munich (Germany), Public
Developer of solar solutions for vehicle original equipment manufacturers
$120M
65/100
2nd
Logo for TSUYO
TSUYO
2020, Delhi (India), Seed
Platform offering motors for multi-category electric-three wheelers
$4.5M
63/100
3rd
Logo for IRP Systems
IRP Systems
2015, Ness Ziona (Israel), Series C
Provider of software-defined electric powertrain system for micro mobility
$57M
62/100
4th
Logo for Hyliion
Hyliion
2015, Cedar Park (United States), Public
Developer of AI-enabled electrified powertrain solutions for commercial vehicles
$46.1M
60/100
5th
Logo for Ebusco
Ebusco
2010, Deurne (Netherlands), Public
Manufacturer of electric buses and energy storage systems for transport
-
-
58/100
6th
Logo for ISE Corporation
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
Logo for Hexagon Purus
Hexagon Purus
2018, Alesund (Norway), Public
Provider of systems and solutions for clean transportation and energy applications
-
57/100
8th
Logo for Vitesco Technologies
Vitesco Technologies
2018, Hannover (Germany), Acquired
Developer of powertrain system for multi-category vehicles
-
56/100
9th
Logo for Equipmake
Equipmake
2002, Snetterton (United Kingdom), Public
Developer of electric drivetrain solutions for automotive, aerospace, and bus industries
-
55/100
10th
Logo for ULEMCo
ULEMCo
2014, Liverpool (United Kingdom), Series A
Developer of hydrogen fuel solutions for heavy-duty equipment and specialist vehicles
$7.84M
54/100
37th
Logo for Visedo Oy
Visedo Oy
2009, Lappeenranta (Finland), Acquired
Electric drivetrains for heavy duty vehicles
$24.4M
40/100
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Visedo Oy's Investments and acquisitions

Visedo Oy has made no investments or acquisitions yet.

Reports related to Visedo Oy

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