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Trading / Browse Companies / Achates Power Stock

Achates Power Stock

achatespower.comTransportationFounded: 2004Funding to Date: $129.82MM

Achates Power is the developer of internal combustion engines that increase fuel efficiency, reduce greenhouse gas emissions and are lower cost. This company was founded in 2004 by James Lemke and John Walton and is headquartered in San Diego, CA. They developed a fuel-efficient Opposed-Piston, two-stroke engine with low emissions.

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Achates Power investors also invested in these private companies

Sequoia Capital
Saudi Aramco Energy Ventures
InterWest Partners
Madrone Capital Partners
RockPort Capital
TriplePoint Capital
Triangle Peak Partners
OGCI Climate Investments

Team

Management Team

Fabien Redon
Executive Vice President & Chief Technology Officer
David Crompton
Chief Executive Officer & President
Jerome Paye
Executive Vice President & Chief Operating Officer
Laurence Fromm
Executive Vice President & Chief Commercial Officer
Dnyanesh Sapkal
Vice President, Engineering
Carol Mottershead
Vice President of Finance and Administration

Board Members

John Wall
Hal Harvey
Ajax Strategies
Chris Onan
Achates Power
Marc Van Den Berg
OGCI Climate Investments

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News

PR Newswire 01/14/2018
Achates Power and Aramco Services Company Announce Joint Development Agreement for Opposed-Piston Engine projects
/PRNewswire/ -- Achates Power, Inc. and Saudi Aramco's US-based subsidiary Aramco Services Company (ASC) have announced that they have signed a joint...
FinSMEs 10/30/2017
Achates Power Closes $29.8M Series D Equity Funding |FinSMEs
Achates Power, Inc., a San Diego, CA-based developer of internal combustion engines that aim to increase fuel efficiency and reduce GHG emissions, raised $29.8M in Series D equity funding. Backers included OGCI Climate Investments, the investment arm of The Oil and Gas Climate Initiative (OGCI), a CEO-led initiative of 10 oil and gas companies that …

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Updated on: Jun 4, 2023