FTEX

FTEX

Offers efficient and intelligent motor controllers for urban electric vehicles. Learn more
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DateInvestorsAmountRound
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CAD40.0k

Early VC
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CAD1.0m

Seed

CAD490k

Seed
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CAD1.8m

Seed
Total Funding€2.2m

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FTEX is a pioneering company in the electric vehicle (EV) market, specializing in advanced powertrain solutions. The company leverages Gallium Nitride (GaN) technology and artificial intelligence (AI) to create efficient and reliable motor controllers and electronic speed controllers (ESCs) for EVs and drones. FTEX serves a diverse range of clients, including automotive manufacturers, drone companies, and other industries seeking to improve the efficiency and performance of their electric-powered products. The business model revolves around the development and sale of high-performance powertrain components that promise significant improvements in range and efficiency. FTEX generates revenue through direct sales of its products and potentially through licensing its technology to other manufacturers. The company operates in the growing market of electric mobility, which is driven by the global shift towards sustainable and eco-friendly transportation solutions.

Keywords: GaN technology, AI support, motor controllers, electronic speed controllers, EV market, drone efficiency, sustainable mobility, powertrain solutions, range enhancement, electric vehicles.