Avid Technology Group
Leader in the design and manufacturing of smart electrified ancillary and advanced thermal management systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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AVID Technology is a leading designer and manufacturer of electrified powertrain components and systems for heavy-duty and high-performance electric (EV) and hybrid vehicles (HEV). The company specializes in the design, validation, and production of high-performance electric motors, power electronics, and thermofluids integration. AVID's product portfolio includes electric pumps and fans, battery systems, traction motors, and power converters, all engineered to enhance the efficiency and performance of electric and hybrid vehicles.
AVID serves a diverse range of clients, including automotive manufacturers, industrial robotics companies, and aerospace firms. Operating in the rapidly growing market for electric and hybrid vehicles, AVID leverages its engineering expertise to deliver cutting-edge solutions that meet the stringent demands of its clients.
The business model is centered around the development and sale of advanced electrified powertrain components. Revenue is generated through direct sales of these components to manufacturers and through long-term supply agreements. AVID also invests in research and development to continuously innovate and stay ahead in the competitive market.
Keywords: electrified powertrain, high-performance EV, hybrid vehicles, electric motors, power electronics, thermofluids integration, battery systems, traction motors, power converters, automotive manufacturing.