AVID Technology Group Ltd. (Consumer Electronics, Logistics) — Funding, Investors & Signals 2026

AVID Technology Group Ltd.

AVID about saving the planet! Manufacturer and supplier of electric vehicle powertrain technology 🚗⚡

Founded 2004

Cramlington, United Kingdom 20 employees Series Unknown Total: $10.40M Consumer Electronics, Logistics +1

AVID Technology Group Ltd. is a pioneering company in the field of electric vehicle powertrain technology. Since its establishment in 2004, the company has been dedicated to revolutionizing the powertrain components and systems for heavy duty and high-performance electric and hybrid vehicles. AVID's core competencies include high power density and efficiency electric motors, high integrity power electronics, and thermal and fluidic integration of the motors and electronics into integrated devices. AVID's innovative technology is utilized by leading manufacturers of trucks, buses, construction machinery, and other heavy-duty vehicles, spanning from traction motors to battery systems, high-performance electric pumps, electric fans, alternators, thermal system modules, and control systems. Notably, the company is experiencing increasing demand for its technology in powering new robotics solutions, electrifying aircraft, and generating renewable energy. The last round of investment, amounting to £7.00M, was secured on March 6, 2019 from investors such as Maven Capital Partners, European Innovation Council, and the North East Development Capital Fund. Based in the United Kingdom, AVID Technology Group Ltd. operates within the Consumer Electronics, Logistics, and Manufacturing industries. With a clear focus on sustainability and advanced technology, AVID is positioned to make a substantial impact within the electric and hybrid vehicle market.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	£7.00M	3	North East Development Capital Fund	06 Mar 2019
Venture Round	£3.40M	3	North East Technology Fund	06 Jul 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

£7.00M

North East Development Capital Fund

06 Mar 2019

Venture Round

£3.40M

North East Technology Fund

06 Jul 2016

FAQ About AVID Technology Group Ltd.

AVID about saving the planet! Manufacturer and supplier of electric vehicle powertrain technology 🚗⚡

AVID Technology Group Ltd. was founded in 2004.

AVID Technology Group Ltd. is headquartered in Cramlington, United Kingdom.

AVID Technology Group Ltd. operates in the following industries: Consumer Electronics, Logistics, Manufacturing.

AVID Technology Group Ltd. has approximately 20 employees.

AVID Technology Group Ltd. has completed 2 funding rounds, raising a total of $10.40M. The latest funding stage is Series Unknown.

Top alternatives and competitors to AVID Technology Group Ltd. include ISE Corporation, QuantumWorks Corporation, Silicon Mobility, Mission Motors, Danotek Motion Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

AVID Technology Group Ltd. and ISE 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.

AVID Technology Group Ltd.

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