The Munich-based e-mobility start-up DeepDrive has raised four million euros in a financing round. The company develops a gearless wheel hub drive. Former Audi Board Member Peter Mertens is also one of the investors.
From Michael Gerster
The DeepDrive team got to know each other in the motorsport team of the Technical University of Munich. (Photo: Mercedes)
The Munich-based e-mobility start-up DeepDrive wants to solve some of the fundamental problems of today’s e-vehicle concepts with a gearless wheel hub drive. Investors are so convinced of the company’s work that they have now contributed 4.3 million euros in a financing round. In addition to the state-owned company Bayern Kapital, these include UVC Partners and the…