Achates Power, Inc. has developed radically improved internal combustion engines that increase fuel efficiency, reduce greenhouse gas emissions and are lower cost. Founded in 2004--by serial entrepreneur and influential physicist Dr. James Lemke--with the mission to build better, more efficient engines, the San Diego-based company has an experienced staff of engineers and scientists focused on applying their proven technical know-how and expertise, coupled with the industry's leading-edge testing, simulation and analysis tools.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/10/13 | $35,200,000 | Series C |
InterWest Partners RockPort Capital | undisclosed |
