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Provider of powertrain solutions for all electric vehicles, cutting charging times, battery size & enabling charging from renewable energy sources

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Toronto, ON Toronto, Canada
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Updated by at on 02/24/2025

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IPO INFORMATION

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Description

Date Investors Type Amount
12/14/2021 BDC Capital BDC Capital , Electrical Industry of Ottawa Pension Trust Fund Electrical Industry of Ottawa Pension Trust Fund , Quinte St. Lawrence Electrical Workers Pension Fund Quinte St. Lawrence Electrical Workers Pension Fund (3)
Post-money valuation of
This funding will be used to accelerate production and grow globally.
Series A $28,500,000
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Havelaar Innovative Power Electronics for EV Powertrains

Pilot/Early Revenue Products - Wholesale
$/kW (current)
$/kW (projected)
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