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Equipmake - About the company

Equipmake is a public company based in Snetterton (United Kingdom), founded in 2002. It operates as a Design and development of electronic equipment services. Equipmake has raised an undisclosed amount in funding. The company has 48 active competitors, including 13 funded and 7 that have exited. Its top competitors include companies like ElectraEV, Hexagon Purus and Vitesco Technologies.

Company Details

Design and development of electronic equipment services. The company develops powertrain with components that includes motors, batteries, controller, and more.
Website
Social
Key Metrics
Founded Year
2002
Location
Snetterton, United Kingdom
Stage
Public
Latest Funding Round
Investors
Ranked
2nd among
Annual Revenue
as on May 31, 2023
Employee Count
as on May 31, 2023
Similar Companies
Exit Details
Public
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Equipmake's funding and investors

Equipmake has raised funding over 4 rounds. Its first funding round was on Apr 01, 2016. Its latest funding round was a Post IPO round on Apr 02, 2025 for $6.46M. 1 investor participated in its latest round, which include Caterpillar, EIC Fund and .

Equipmake has 3 institutional investors including Caterpillar, EIC Fund and .

Here is the list of recent funding rounds of Equipmake:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 02, 2025
$6.46M
Post IPO
2819348
5930030
Feb 12, 2024
$5.05M
Post IPO
7605075
4680326
-
Jun 30, 2016
$55.4K
Grant (prize money)
3157423
3527670
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Equipmake's founders and board of directors

Equipmake's employee count trend

Equipmake has 82 employees as of May 23. The total employee count is 18.8% more than what it was in May 22. Here is Equipmake's employee count trend over the years:
Employee count trend for Equipmake
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Equipmake's Competitors and alternates

Top competitors of Equipmake include ElectraEV, Hexagon Purus and Vitesco Technologies. Here is the list of Top 10 competitors of Equipmake, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for ElectraEV
ElectraEV
2017, Pune (India), Series B
Developer of EV powertrain systems
$25M
GEF Capital PartnersÌý&²¹³¾±è;Ìý
57/100
2nd
Logo for Equipmake
2002, Snetterton (United Kingdom), Public
Design and development of electronic equipment services
-
Caterpillar, EIC FundÌý&²¹³¾±è;Ìý
51/100
2nd
Logo for Hexagon Purus
Hexagon Purus
2018, Alesund (Norway), Public
Manufacturer of hydrogen-based batteries and distribution systems for electric vehicles
-
, Hy24Ìý&²¹³¾±è;Ìý
56/100
4th
Logo for Vitesco Technologies
Vitesco Technologies
2018, Hannover (Germany), Acquired
Developer of powertrain system for multi-category vehicles
-
, Ìý&²¹³¾±è;Ìý
50/100
5th
Logo for IRP Systems
IRP Systems
2015, Ness Ziona (Israel), Series C
Provider of software-defined electric powertrain system for micro mobility
$57M
Union Tech Ventures, Tal VenturesÌý&²¹³¾±è;Ìý
43/100
6th
Logo for Matel
Matel
2016, Pune (India), Series A
Provider of powertrain solution to electric vehicles
$4M
Gruhas, Transition VCÌý&²¹³¾±è;Ìý
43/100
7th
Logo for Volektra
Volektra
2020, Munich (Germany), Seed
Developer of electric drivetrain systems and modular EV platforms
-
42/100
8th
Logo for Saietta Electric Drive
Saietta Electric Drive
2008, Bicester (United Kingdom), Series A
Developer of electric powertrain systems with motor technology
-
39/100
9th
Logo for eLeapPower
eLeapPower
2016, Toronto (Canada), Series A
Developer of powertrain system for multi-category electric vehicles
$16.5M
FCG, Plug and Play Tech CenterÌý&²¹³¾±è;Ìý
37/100
10th
Logo for Helix
Helix
1999, Milton Keynes (United Kingdom), Acquired
Developer of powertrains for multiple categories of electric vehicles
-
-
34/100
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Equipmake's Investments and acquisitions

Equipmake has made no investments or acquisitions yet.

Reports related to Equipmake

Here is the latest report on Equipmake's sector:
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News related to Equipmake

Media has covered Equipmake for a total of 12 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
•
Offshore Energy•Apr 02, 2025•CorPower Ocean, Equipmake
•
Morningstar•Jan 10, 2025•Equipmake
•
UK Share Prices &amp•Jan 06, 2025•Equipmake
•
Shares Magazine•Dec 06, 2024•Equipmake
•
UK Share Prices &amp•Dec 06, 2024•Equipmake
•
Morningstar•Oct 25, 2024•Equipmake
•
Morningstar•Oct 14, 2024•Equipmake,
•
UK Share Prices &amp•Sep 20, 2024•Equipmake,
•
Business News This Week•Sep 20, 2024•Equipmake, Advanced Propulsion Centre UK
•
Manufacturing Management•Jul 03, 2024•Bramble Energy, Equipmake, Aeristech, University of Bath
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