In recent weeks, we successfully completed our first round of financing together with our new group of investors, which includes the Rhineland-Palatinate Innovation Fund, the Investment and Structural Bank of Rhineland-Palatinate (ISB) and private investors such as Stefan Möllenkamp.
These financial opportunities give us the means to further develop our drive solutions for light commercial vehicles in collaboration with partners such as the VKM Institute for Internal Combustion Engines and Vehicle Drives at the Technical University of Darmstadt. We will also be able to realise our solutions in initial pilot projects