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FTEX logo — At FTEX, we offer the most efficient and intelligent motor c...

FTEX

At FTEX, we offer the most efficient and intelligent motor controllers for urban electric vehicles in the world.

Founded 2017 Canada Montreal, Canada 24 employees Seed Total: $2.27M Insurtech, Manufacturing

General Information

Company Name FTEX
Founded Year 2017
Location Canada Montreal, Canada
Employees 24
Industries Insurtech, Manufacturing
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with FTEX. To contact FTEX, visit ftex.ca.

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About FTEX

FTEX is a Canada-based startup established in 2017. With a focus on Insurtech and Manufacturing industries, the company is dedicated to making urban electric vehicles more accessible and attractive. Their slogan, "At FTEX, we offer the most efficient and intelligent motor controllers for urban electric vehicles in the world." highlights their commitment to revolutionizing electric vehicle technology. The company recently secured a $1.75MSeed Round investment on 01 August 2022. The investors in this round included Blue Vision Capital, Investissement Québec, and Ecofuel Fund. FTEX's innovative approach involves pioneering in precision motor control systems for small electric vehicles. Their technology, which integrates ultra-high-efficiency GaN-based drivetrains with innovative software-defined solid-state transmission systems, aims to improve vehicle performance, extend range, and enhance rider experience. FTEX's mission to extend the range of electric vehicles with maximum efficiency while simultaneously making them more appealing aligns with the growing demand for sustainable urban transportation solutions. The recent investment demonstrates the confidence that prominent investors have in FTEX's vision and innovative technology.

Business keywords: Electric vehicles, Motor controllers, Smart technology, GaN-based drivetrains, Software-defined transmission systems, Connected drive systems, Cloud connectivity, Mobile EVionics operating system, Location tracking, Diagnostics, Security features, Remote locking, Collision detection, Service features, Theft insurance

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.75M 3
Blue Vision Capital Investissement Québec Ecofuel Fund
Blue Vision Capital, Investissement Québec +1
01 Aug 2022
Pre Seed Round $485.00K 3
Front Row Ventures Ecofuel Fund
Front Row Ventures, Ecofuel Fund +1
01 Aug 2021
Non Equity Assistance Undisclosed 1
Creative Destruction Lab
Creative Destruction Lab
01 Jan 2021
Non Equity Assistance Undisclosed 1
Cycle Momentum
Cycle Momentum
01 Sep 2020
Non Equity Assistance $35.00K 1
Centech Mtl
Centech Mtl
01 Sep 2019

FAQ About FTEX

At FTEX, we offer the most efficient and intelligent motor controllers for urban electric vehicles in the world.
FTEX was founded in 2017.
FTEX is headquartered in Montreal, Canada.
FTEX operates in Insurtech and Manufacturing. Its work centres on Electric vehicles, Motor controllers, Smart technology and GaN-based drivetrains.
FTEX has approximately 24 employees.
FTEX has completed 5 funding rounds, raising a total of $2.27M. The latest funding stage is Seed.

We're actively collecting intelligence on FTEX.

Source: BounceWatch company record for FTEX, https://bouncewatch.com/company/ftex, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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