IRP Systems logo — High Performance, Affordable Electric Powertrain

IRP Systems

High Performance, Affordable Electric Powertrain

Founded 2015 Israel Israel 85 employees Series C Total: $51.00M Manufacturing, Automotive

General Information

Company Name IRP Systems
Founded Year 2015
Location Israel Israel +1
Employees 85
Industries Manufacturing, Automotive
Funding Stage Series C
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About IRP Systems

IRP Systems, founded in 2008, aims to revolutionize the electric mobility industry with its High Performance, Affordable Electric Powertrain. The Israeli-based company specializes in delivering innovative E-powertrain systems that prioritize efficiency and performance. Its breakthrough technology in control algorithms and powertrain design enables the company to offer a wide product portfolio for various e-mobility platforms, providing a unique driving experience while remaining cost-effective. In April 2021, IRP Systems secured a significant milestone with a $31.00M Series C investment from a diverse group of investors including Entrée Capital, Cendana Capital, JAL Ventures, Shlomo Group, TaL Capital, Clal Insurance Enterprises Holdings, Altshuler Shaham, Carasso Motors, Volkswagen Group, and Champion Motors. This investment reflects the confidence of industry leaders in IRP Systems' potential to make electric vehicles accessible and affordable for the mass market. As a manufacturing company, IRP Systems is well-positioned to leverage its expertise and investment to drive future growth and innovation within the electric mobility sector.

Taxonomy: Electric Powertrain, E-mobility, Electric Vehicles, Control Algorithms, Powertrain Design, Performance, Affordability, Innovation, Electric Motors, BMS (Battery Management System), Aerospace Applications, High Performance, Cost-Effective, Mass Production

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
28 Apr 2021
Series B •••••• - 12 May 2020
Seed Round •••••• - 01 Jan 2018

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FAQ About IRP Systems

High Performance, Affordable Electric Powertrain
IRP Systems was founded in 2015.
IRP Systems is headquartered in Israel.
IRP Systems operates in the following industries: Manufacturing, Automotive.
IRP Systems has approximately 85 employees.
IRP Systems has completed 3 funding rounds, raising a total of $51.00M. The latest funding stage is Series C.
Top alternatives and competitors to IRP Systems include AVID Technology Group Ltd., ElectraEV, TAV Systems, Phoenix Mobility, INEVIT, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
IRP Systems and AVID Technology Group 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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