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Torqeedo

170 employees

Torqeedo was founded in 2005 in Starnberg. We specialize in the development and manufacturing of electric and hybrid drives ranging from 0.5 to 200 kW for both commercial and recreational use. Our products are renowned for their uncompromising high-tech focus, maximum efficiency, and seamless system integration. As part of the DEUTZ group, Torqeedo has established itself as a trusted name in the industry. Our boat drives set new standards for overall efficiency, a crucial factor that determines power and range based on battery supply. Additionally, our performance-to-motor weight ratio is unparalleled in the market. With locations in Wessling near Munich, Crystal Lake (Illinois, USA), and Bangkok (Thailand), Torqeedo boasts a dedicated international team of more then 200 professionals specializing in mechanical design, electronic development, software programming, procurement, production, marketing, controlling, sales, service, and management. Together, we are committed to steering the Starnberg-based company towards continued success. Torqeedo products are available in over 50 countries, showcasing our global reach and customer satisfaction. For more information, please visit our website: https://www.torqeedo.com/en/customer-service/about-us.html

Investor insights

Funding rounds participated in

$7.4M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Maritime Transportation

Sectors

Maritime Transportation

Date founded

2005

Funding rounds raised

Total raised

$7.4M

from investors over 1 rounds

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Torqeedo raised $7.4M on April 19, 2012

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