IRP Systems
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Overview
IRP makes electric vehicles powerful and affordable. By leveraging its breakthrough technology in control algorithms and powertrain design, its systems reach an unprecedented level of efficiency, in full compliance with mass-production practices. TrueDrive, IRP's wide portfolio of innovative products, offers high performance, a unique driving experience and advanced functionality, while being cost-effective. Before focusing on e-mobility, IRP has developed, certified and delivered motion systems for safety-critical aerospace applications.
About
Industries
Automotive, Manufacturing
Founded
2008
Employees
1-10
Headquarters locations
Asia
Social
N/A
Profile Resume
IRP Systems headquartered in Asia, operates in the Automotive, Manufacturing sector. The company focuses on Automotive and has secured $1.2B in funding across 24 round(s). With a team of 1-10 employees, IRP Systems is actively contributing to advancements in Automotive. Their latest funding round, Series C - IRP Systems, raised $31.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
3
Investors
13
Lead Investors
0
Total Funding Amount
$51.0M
Details
3
IRP Systems has raised a total of $51.0M in funding over 3 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2018 | Seed | 3.0M | ||
| 2020 | Early Stage Venture | 17.0M | ||
| 2021 | Late Stage Venture | 31.0M |
Investors
IRP Systems is funded by 32 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Volkswagen Group | - | FUNDING ROUND - Volkswagen Group | 31.0M |
| Tal Capital | - | FUNDING ROUND - Tal Capital | 31.0M |
| IRP Systems | - | FUNDING ROUND - IRP Systems | 31.0M |
| Cendana Capital | - | FUNDING ROUND - Cendana Capital | 31.0M |
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