Cummins logo

Cummins

North America, Indiana, United States, Columbus

Description

Cummins develops, sells, and services advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components.

Investor Profile

Cummins has backed more than 8 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 63% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Corporate Round, Series Unknown, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Canada, China.
  • Strong thematic focus on Transportation, Electric Vehicle, Railroad.

Stage Focus

  • Corporate Round (25%)
  • Series Unknown (25%)
  • Series D (13%)
  • Grant (13%)
  • Undisclosed (13%)
  • Series C (13%)

Country Focus

  • United States (50%)
  • Canada (25%)
  • China (13%)
  • Germany (13%)

Industry Focus

  • Transportation
  • Electric Vehicle
  • Railroad
  • Travel
  • Battery
  • Electronics
  • Energy
  • Clean Energy
  • Compliance
  • Fleet Management
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Cummins frequently co-invest with?

Activant Capital
North America, Connecticut, United States, Greenwich
Co-Investments: 1
8VC
North America, California, United States, San Francisco
Co-Investments: 1
NewRoad Capital Partners
North America, Arkansas, United States, Rogers
Co-Investments: 1
C.R. England
North America, Utah, United States, Salt Lake City
Co-Investments: 1
BDT & MSD Partners
North America, Illinois, United States, Chicago
Co-Investments: 1
Prologis Ventures
North America, California, United States, San Francisco
Co-Investments: 1
PACCAR
North America, Washington, United States, Bellevue
Co-Investments: 1
Manhattan Venture Partners (MVP)
North America, New York, United States, New York
Co-Investments: 1
R
North America, Florida, United States, Miami
Co-Investments: 1
Daimler Trucks North America
North America, Oregon, United States, Portland
Co-Investments: 1

What are some of recent deals done by Cummins?

Platform Science

San Diego, California, United States

Platform Science provides telematics and fleet management solutions to enhance operations and driver experiences.

ComplianceFleet ManagementInternet of ThingsSaaSSoftwareTransportation
Series DApr 9, 2024
Amount Raised: $125,000,000
VoltStorage

Munich, Bayern, Germany

VoltStorage develops and produces solar energy storage systems based on the eco-friendly Redox Flow Battery technology.

BatteryClean EnergyElectronicsEnergyEnergy ManagementEnergy StorageRenewable Energy
Series CJul 28, 2022
Amount Raised: $24,461,067
Sion Power

Tucson, Arizona, United States

Sion Power develops and commercializes advanced energy storage technologies, particularly lithium-sulfur (Li-S) batteries.

BatteryElectric VehicleElectronicsEnergyMobile
Corporate RoundNov 30, 2021
Amount Raised: $20,000,000
Metropolitan Economic Development Association(MEDA)

Minneapolis, Minnesota, United States

Meda provides business consulting, access to capital, and market opportunities for minority entrepreneurs.

ConsultingFinancial ServicesManagement Consulting
GrantMar 16, 2021
Amount Raised: $1,000,000
Loop Energy

Burnaby, British Columbia, Canada

Loop Energy is a developer of pollution-free transportation solutions intended to reduce the emission of harmful gasses.

Electric VehicleRailroadTransportationTravel
Corporate RoundMar 24, 2020
Loop Energy

Burnaby, British Columbia, Canada

Loop Energy is a developer of pollution-free transportation solutions intended to reduce the emission of harmful gasses.

Electric VehicleRailroadTransportationTravel
Series UnknownSep 18, 2019

Wuxi Cummins Turbo Technologies manufactures turbochargers for diesel engines.

AutomotiveManufacturing
UndisclosedDec 5, 2016
ReliOn

Spokane, Washington, United States

ReliOn is a hydrogen fuel cell company providing stationary fuel cells for emergency power requirements and uninterruptible power supplies.

Clean EnergyFuelFuel Cell
Series UnknownJan 24, 2013