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AVL

8544 employees

AVL List GmbH (“AVL”) with its headquarters in Graz, is one of the world’s leading mobility technology companies for development, simulation and testing in the automotive industry, and in other sectors such as rail, marine, and energy. Based on extensive in-house research activities, the company delivers concepts, technology solutions, methodologies, and development tools for a greener, safer, better world of mobility and beyond. AVL supports international partners and customers in their sustainable and digital transformation. The focus lies on the areas of electrification, software, AI and automation. With a holistic approach - from ideation phase to serial production - the company covers vehicle architectures and platform solutions including the impact of new propulsion systems and energy carriers. AVL drives innovative and affordable solutions for all applications - from traditional to hybrid to battery and fuel cell electric technologies. As a global technology provider, AVL’s offerings range from simulation, virtualization and test automation for product development to ADAS/AD and vehicle software. The company combines state-of-the-art and highly scalable IT, software and technology solutions with its application know-how, thereby offering customers extensive tools in areas such as Big Data, Artificial Intelligence, Cybersecurity or Embedded Systems. In addition, AVL supports companies in energy-intensive sectors on their way to a greener and more efficient energy generation and supply. Innovation is AVL’s passion. Together with 12,200 employees at more than 90 locations and with 45 Tech and Engineering Centers worldwide, AVL is driving the future of mobility. In 2023, the company generated a turnover of 2.05 billion Euros, of which 10 % are invested in R&D activities.

Investor insights

Funding rounds participated in

$15M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Motor Vehicle Manufacturing

Sectors

Motor Vehicle Manufacturing

Funding rounds raised

Total raised

$15M

from 1 investors over 1 rounds

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AVL raised $15M on July 27, 2023

Investors: Government of Canada

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