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Achates Power

Fundamentally Better Engines

Founded 2004 United States San Diego, United States 41 employees Grant Total: $109.50M Energy, Manufacturing +1

General Information

Company Name Achates Power
Founded Year 2004
Location United States San Diego, United States
Employees 41
Industries Energy, Manufacturing, Transportation
Funding Stage Grant
Social

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About Achates Power

Achates Power, Inc. is a company with the slogan "Fundamentally Better Engines" that has been revolutionizing internal combustion engines since its establishment in 2004. The company's primary focus is on developing engines that not only enhance fuel efficiency but also reduce greenhouse gas emissions and are cost-effective. The experienced team of engineers and scientists at Achates Power have been leveraging their technical expertise, alongside state-of-the-art testing, simulation, and analysis tools, to achieve their mission.

Operating within the Energy, Manufacturing, and Transportation sectors, Achates Power has attracted a $2.00M grant investment from ARPA-E as of 07 March 2019. This funding not only validates their innovative approach but also signifies the confidence of influential investors in the company's future prospects.

With its flagship technology and the backing of prominent investors, Achates Power is poised to be a key player in shaping the future of internal combustion engines, positively impacting both environmental sustainability and the economic efficiency of the transportation industry.

Business keywords: Internal combustion engines, Fuel efficiency, Greenhouse gas emissions reduction, Cost-effective, Engine development, Engineering expertise, Technical innovation, Testing and simulation, Reduced environmental impact, Advanced technology

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $2.00M 1
ARPA-E
07 Mar 2019
Series D $29.80M 6
InterWest Partners, RockPort Capital +4
26 Oct 2017
Venture Round $11.20M -
25 Aug 2014
Series C $35.20M 5
InterWest Partners, RockPort Capital +3
09 Oct 2013
Series B $19.20M 5
InterWest Partners, RockPort Capital +3
11 Jan 2010
Series A $12.10M 4
InterWest Partners, RockPort Capital +2
08 Oct 2009

Achates Power Alternatives & Competitors

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FAQ About Achates Power

Fundamentally Better Engines
Achates Power was founded in 2004.
Achates Power is headquartered in San Diego, United States.
Achates Power operates in Energy, Manufacturing and Transportation. Its work centres on Internal combustion engines, Fuel efficiency, Greenhouse gas emissions reduction and Cost-effective.
Achates Power has approximately 41 employees.
Achates Power has completed 6 funding rounds, raising a total of $109.50M. The latest funding stage is Grant.
Top alternatives and competitors to Achates Power include ICR Turbine Engine Corporation, AIT - STEIN, Heart Combustion Engine S.r.l., Optimus Technologies, Inc., Efenco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Achates Power and ICR Turbine Engine Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Achates Power, https://bouncewatch.com/company/achates-power, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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