Achates Power, Inc. Receives Venture Capital Investment From Sequoia Capital, Madrone Capital Partners, RockPort Capital Partners, L.P., And Others
| Date | Company | Series | Funding Amount |
| October 2009 | Achates Power, Inc. | B-1 | $20,000,493 |
| Round Details | |
| Funding Amount | $20,000,4931 |
| Board Seats Demanded | 0 seats |
| Investment Type |
|
| Company Age At Funding | 5 years |
| Investor | Investor Type | Investment | Stake Acquired |
| Sequoia Capital | Venture Capital | ||
| Madrone Capital Partners | Private Equity & Venture Capital | ||
| RockPort Capital Partners, L.P. | Venture Capital | ||
| InterWest Partners | Venture Capital |
| Financials for Achates Power, Inc. | Valuation Multiples | ||
| Total Assets | N/A | V / A | |
| Stockholder's Equity | N/A | V / SE | |
| Revenues | N/A | V / R | |
| Net Income (Loss) | N/A | V / E | |
| Cash Flow | N/A | V / CF | |
| EBITDA | N/A | V / EBITDA | |
| Operating Income (Loss) | N/A | V / OI | |
| Business Description for Achates Power, Inc. |
Achates Power, Inc. is a venture-capital backed, privately-held clean technology company that specializes in clean diesel engines. Achates Power, Inc. aims to create clean, light-weight and fuel efficient engines. The company was founded by James Lemke in 2004, Achates Power, Inc. headquarters are located in San Diego, California. |
| Notes | |
| 1 | As of October 5th, Achates Power, Inc. has sold only $12,125,000 from a total offering amount of $20,000,493. |




