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Avid Technology Group
Transportation · Cramlington, United Kingdom · Founded 2004
Leader in the design and manufacturing of smart electrified ancillary and advanced thermal management systems MoreLess
AVID Technology is a leading designer and manufacturer of electrified powertrain components and systems for heavy-duty and high-performance electric (EV) and hybrid vehicles (HEV). The company specializes in the design, validation, and production of high-performance electric motors, power electronics, and thermofluids integration. AVID's product portfolio includes electric pumps and fans, battery systems, traction motors, and power converters, all engineered to enhance the efficiency and performance of electric and hybrid vehicles.
AVID serves a diverse range of clients, including automotive manufacturers, industrial robotics companies, and aerospace firms. Operating in the rapidly growing market for electric and hybrid vehicles, AVID leverages its engineering expertise to deliver cutting-edge solutions that meet the stringent demands of its clients.
The business model is centered around the development and sale of advanced electrified powertrain components. Revenue is generated through direct sales of these components to manufacturers and through long-term supply agreements. AVID also invests in research and development to continuously innovate and stay ahead in the competitive market.
Keywords: electrified powertrain, high-performance EV, hybrid vehicles, electric motors, power electronics, thermofluids integration, battery systems, traction motors, power converters, automotive manufacturing.
Company overview
Avid Technology Group company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2004
- Headquarters
- Cramlington, United Kingdom
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 57.0
Valuation & funding
Avid Technology Group funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2021 | $0 | — | Turntide Technologies | — |
| EARLY VC✓Equity / VC | Mar 2019 | $9.2M | $37M | Maven Capital Partners | ↗ |
| GRANT✓Other financing | Jan 2018 | $0 | — | UK Research and Innovation | — |
| EARLY VC✓Equity / VC | Jul 2016 | $4.5M | $18M | North East Technology Fund · NVM private equity · Downing Ventures | — |
| EARLY VC✓Equity / VC | Nov 2015 | $1.8M | $7.4M | Undisclosed | — |
| EARLY VC✓Equity / VC | Mar 2014 | Undisclosed | ↗ | ||
| GRANT✓Other financing | Sep 2012 | Undisclosed | — | ||
| SEED✓Equity / VC | Sep 2011 | Undisclosed | ↗ | ||
| SEED✓Equity / VC | Jan 2010 | Undisclosed | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 20 |
| 2025 | 20 |
| 2024 | 20 |
Growth signals
Avid Technology Group website traffic
Latest recorded traffic for Avid Technology Group is 90 monthly website visits, down 98% over the last three months. Avid Technology Group's team grew 0% over the past year.
Comparisons
Avid Technology Group compared with similar companies
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Talent graph
Avid Technology Group's talent
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Investors
7 investors on Avid Technology Group's cap table
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Global footprint
Where Avid Technology Group has talent and traffic
In the news
Latest news about Avid Technology Group
Recent press, funding announcements, and product moves mentioning Avid Technology Group — open to read from the original sources.
Market sentiment
What the market is saying about Avid Technology Group
An AI-synthesized read of the highest-engagement posts about Avid Technology Group on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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