AVID Technology Group Ltd.

AVID Technology Group Ltd. is a pioneering company in the field of electric vehicle powertrain technology. Since its establishment in 2004, the company has been dedicated to revolutionizing the powertrain components and systems for heavy duty and high-performance electric and hybrid vehicles. AVID's core competencies include high power density and efficiency electric motors, high integrity power electronics, and thermal and fluidic integration of the motors and electronics into integrated devices. AVID's innovative technology is utilized by leading manufacturers of trucks, buses, construction machinery, and other heavy-duty vehicles, spanning from traction motors to battery systems, high-performance electric pumps, electric fans, alternators, thermal system modules, and control systems. Notably, the company is experiencing increasing demand for its technology in powering new robotics solutions, electrifying aircraft, and generating renewable energy. The last round of investment, amounting to £7.00M, was secured on March 6, 2019 from investors such as Maven Capital Partners, European Innovation Council, and the North East Development Capital Fund. Based in the United Kingdom, AVID Technology Group Ltd. operates within the Consumer Electronics, Logistics, and Manufacturing industries. With a clear focus on sustainability and advanced technology, AVID is positioned to make a substantial impact within the electric and hybrid vehicle market.