Tech Company Financing Transactions
Energy Drive Funding Round
Pears Partnership Capital participated in a $25.9 million funding round for Energy Drive. The round closed on 6/2/2025.
Transaction Overview
Company Name
Announced On
6/2/2025
Transaction Type
Venture Equity
Amount
$25,920,000
Round
Undisclosed
Investors
Proceeds Purpose
Energy Drive will accelerate its international expansion and development in new heavy industry sectors as a trusted service provider, leveraging over a decade of successful delivery with multinational customers.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4 Crooked Lane, Block C Hillcrest
Durban, 3610
SA
Durban, 3610
SA
Phone
Website
Email Address
Overview
Energy Drive Systems is a South African-based company specializing in energy-saving solutions for industrial applications. Founded in 2010, the company focuses on optimizing the operations of industrial-scale motors using variable frequency drives (VFDs), engineering expertise, and digital insights. Their services are particularly beneficial for energy-intensive industries such as mining, metals, chemicals, general manufacturing, and food and beverage production. Energy Drive Systems operates on a zero capital expenditure (CapEx) model, offering fully funded energy-saving systems to clients, thereby reducing operational costs and supporting energy-related sustainability goals. datanyze.com +2
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Sellmeyer
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