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Inventev
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Developer of mobile power generation and plug-in hybrid systems for medium duty trucks

Founded in 2011
Founded in

Company type Private Public ()
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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
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Headquarters Detroit, MI Detroit, United States
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Updated by Dave Stenson at Inventev on 06/22/2014

Edited by Cleantech Group on 10/15/2020

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Date Company
01/01/2012

Pacific Gas & Electric (PG&E) Pacific Gas & Electric (PG&E)

Collaborative Customer for early development and proposed demonstration; grant application partner

Confirmed by Pacific Gas & Electric (PG&E)

Partnerships
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Date Partner Type
11/01/2011
BRT Corporation BRT Corporation
Australia-based; Expertise in start-up support and advanced driveline concepts including designs friendly to low-volume manufacturing. Endorser of Inventev transmission architecture and controls technology.
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Confirmed by BRT Corporation
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IPO INFORMATION

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IPO status

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Description

Date Investors Type Amount
02/10/2016 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Inventev’s CEO and founder, Dave Stenson, said the company will use the money to model, develop, and test key elements of its drive system for commercial, medium-duty trucks
Grant $500,000
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Products
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Product image Name Product status Revenue model Cost metrics

PHEV drive & utility-grade power generation

Up-fit of OEM new medium duty commercial fleet trucks to Plug-in Hybrid (PHEV) architecture including power generation when stationary.

Product Development Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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