Protean Electric logo — Driving the future of electric vehicles

Protean Electric

Driving the future of electric vehicles

Founded 2008 United Kingdom Farnham, United Kingdom 86 employees Grant Total: $194.00M Automotive

General Information

Company Name Protean Electric
Founded Year 2008
Location United Kingdom Farnham, United Kingdom +2
Employees 86
Industries Automotive
Funding Stage Grant
Social

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About Protean Electric

Protean Electric is a pioneering automotive technology firm with a mission to drive sustainable transport through innovation. Founded in 2008, Protean Electric boasts over 150 talented individuals spread across the US, UK, and China. The company's primary focus is the development of the ProteanDrive in-wheel motor, a product that has propelled them to the position of world leader in in-wheel motor technology. Currently holding over 160 patents with numerous inventions, Protean Electric's journey is just beginning. The most recent investment in the company was a grant investment on 11 September 2023, coming from the Advanced Propulsion Centre UK. Protean Electric's dedication to driving the future of electric vehicles makes them a compelling prospect for potential investors.

Taxonomy: Automotive technology, In-wheel motor technology, Electric drive solutions, Electric vehicles, Sustainable transport, Digital vehicle control, EV powertrain, Autonomous mobility, Integrated electric drive systems, TaaS, Hybrid vehicles, Vehicle diagnostics, Autonomous EV sensors, Friction brake, Patented technologies

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
11 Sep 2023
Series E •••••• 1
Investor
01 Jun 2018
Series D •••••• 3
Investor Investor
•••• ••••
19 Jul 2016
Venture Round •••••• 3
Investor Investor
•••• ••••
09 Jul 2012

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FAQ About Protean Electric

Driving the future of electric vehicles
Protean Electric was founded in 2008.
Protean Electric is headquartered in Farnham, United Kingdom.
Protean Electric operates in the following industries: Automotive.
Protean Electric has approximately 86 employees.
Protean Electric has completed 4 funding rounds, raising a total of $194.00M. The latest funding stage is Grant.
Top alternatives and competitors to Protean Electric include Zak Mobility, Cyclopic Limited, XOTO inc., Shanghai Jiyu Technology Co., Ltd. ([email protected]) 济驭科技, Elaphe Propulsion Technologies Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Protean Electric and Zak Mobility 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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