Garrett - Advancing Motion

Passion for innovation in mobility and beyond.

General Information
Company Name
Garrett - Advancing Motion
Founded Year
2018
Location (Offices)
Switzerland +1
Founders / Decision Makers
Number of Employees
3499
Industries
Transportation, Autonomous and Sensor Tech, Automotive
Funding Stage
Post Ipo Debt
Social Media

Garrett - Advancing Motion - Company Profile

Garrett - Advancing Motion is a global technology innovator and leader in the transportation, autonomous and sensor tech, and automotive industries. Established in 2018, the company is headquartered in Switzerland and has a strong presence in over 20 countries. With a $800.00M Post-IPO Debt investment on 07 May 2024, Garrett is focused on advancing innovation in mobility and beyond.

The company's mission is to deliver solutions that reduce emissions, enhance energy efficiency, and support zero-emission vehicles. Its diverse portfolio includes turbochargers, electric turbos (E-Turbo), electric compressors (E-Compressor) for both ICE and hybrid powertrains, fuel cell compressors for hydrogen fuel cell vehicles (FCEVs), as well as electric propulsion and thermal management systems for battery electric vehicles (BEVs). This reflects Garrett's commitment to enabling sustainable automotive and industry transformation.

With a team of 9,300 professionals and a robust infrastructure comprising five R&D centers and 13 manufacturing sites, Garrett - Advancing Motion is well-positioned to continue its legacy of driving innovation in the global mobility landscape.

Taxonomy: automotive technology, turbocharger, electric propulsion, hybrid powertrain, thermal management, zero-emission vehicles, fuel cell technology, electric compressors, R&D, connected vehicles, motion technology, vehicle health management, emission reduction

Funding Rounds & Investors of Garrett - Advancing Motion (3)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Debt $800.00M - 07 May 2024
Post-IPO Equity $179.29M 2 03 May 2021
Post-IPO Debt $1.55B - 30 Apr 2021

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