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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
Employees 85
Industries Manufacturing, Automotive
Funding Stage Series C
Social

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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.

Business keywords: 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 $31.00M 10
Entrée Capital Cendana Capital JAL Ventures
Entrée Capital, Cendana Capital +8
28 Apr 2021
Series B $17.00M -
12 May 2020
Seed Round $3.00M -
01 Jan 2018

IRP Systems Alternatives & Competitors

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IRP Systems vs
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IRP Systems vs
Mission Motors
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IRP Systems vs
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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 Manufacturing and Automotive. Its work centres on Electric Powertrain, E-mobility, Electric Vehicles and Control Algorithms.
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 Evoke Motorcycles, Mission Motors, Silicon Mobility, Tesla, NEXT Electric Motors. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
IRP Systems and Evoke Motorcycles 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 IRP Systems, https://bouncewatch.com/company/irp-systems, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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