Fundraising Fox

Achates Power

San Diego, US · Delaware corporation · 1 known investors

Achates Power develops and licenses opposed-piston, two-stroke engine technology — including designs, development and test tools, software, and patents — to engine manufacturers across multiple applications. Its engines aim to improve fuel efficiency and reduce CO2 and criteria emissions for cars, trucks, and other transportation.

Founders & leadership

JL
James LemkeFounder
JW
John WaltonCo-founder
JK
John KoszewnikExecutive
DJ
David JohnsonNamed on SEC filing
HH
Hal HarveyNamed on SEC filing
EH
Eric HaskelNamed on SEC filing
DP
David PrendNamed on SEC filing
JM
Jamie McJunkinNamed on SEC filing

Board

GC
Gary ConvisBoard director
JW
John WallBoard director
FM
Frank MacherBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$41M disclosed across 2 rounds · 2014–2017

$29.8MraisedOct 2017 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David JohnsonExecutive Officer, Director
  • Gary ConvisDirector
  • John WallDirector
  • Frank MacherDirector
  • John KoszewnikExecutive Officer, Director
  • Hal HarveyDirector
  • Eric HaskelDirector
  • James LemkeExecutive Officer
Offering amount
$29.8M
Amount sold
$29.8M
Proceeds to insiders
$250K
First sale
Sep 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.2MraisedSep 2014 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David JohnsonExecutive Officer, Director
  • Gary ConvisDirector
  • David PrendDirector
  • James LemkeExecutive Officer, Director
  • Jamie McJunkinDirector
Offering amount
$21.2M
Amount sold
$11.2M
Proceeds to insiders
$250K
First sale
Aug 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Achates Power do?
Achates Power develops and licenses opposed-piston, two-stroke engine technology — including designs, development and test tools, software, and patents — to engine manufacturers across multiple applications. Its engines aim to improve fuel efficiency and reduce CO2 and criteria emissions for cars, trucks, and other transportation.
Who founded Achates Power?
Achates Power was founded by James Lemke, John Walton.
Who are Achates Power's investors?
Achates Power's investors include Climate Investment.
How much funding has Achates Power raised?
Achates Power has disclosed $41M raised across 2 rounds.
Where is Achates Power headquartered?
Achates Power is headquartered in San Diego, US.