Achates Power logo — Fundamentally Better Engines

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 +2
Employees 41
Industries Energy, Manufacturing, Transportation
Funding Stage Grant
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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.

Taxonomy: 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 •••••• 1 •••• •••• 07 Mar 2019
Series D •••••• 6
Investor Investor Investor Investor
•••• ••••
26 Oct 2017
Venture Round •••••• - 25 Aug 2014
Series C •••••• 5
Investor Investor Investor
•••• ••••
09 Oct 2013
Series B •••••• 5
Investor Investor Investor
•••• ••••
11 Jan 2010

View All 6 Funding Rounds

Achates Power Alternatives & Competitors

Achates Power vs
SES Ltd.
SES Ltd. Ireland

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Achates Power vs

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BluePrint Engines
BluePrint Engines United States

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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 the following industries: Energy, Manufacturing, Transportation.
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 SES Ltd., MD Trade & Spares GmbH, BluePrint Engines, Millington Engines, DieselNet. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Achates Power and SES Ltd. 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.

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