Conifer

Sunnyvale, CA · Founded 2022 · Privately Held (backing)

Developer and manufacturer of compact electric powertrains designed to efficiently power small mobility and equipment applications. Conifer is based in Sunnyvale, CA and was founded in 2022. Its last reported valuation was $43.5 million in Apr 2025. It has raised $25.4 million.

Last reported valuation
$43.5M
Oct 2026
Priced at
—
Total raised
$25.4M
Last round
—

Conifer key facts

as of Oct 2026
  • Developer and manufacturer of compact electric powertrains designed to efficiently power small mobility and equipment applications.
  • Conifer is valued at approximately $43.5M as of Oct 2026 (last reported valuation).
  • It has raised $25.4M; the latest was Seed Round ($20.0M) in Apr 2025.
  • Notable investors include Climate Capital, True Ventures, MaC Venture Capital, Voyager (US), z21 Ventures — 8 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$43.5M

Conifer's last reported valuation, Apr 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Conifer funding rounds

No rounds on record

No funding rounds for Conifer are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Conifer valuation

Conifer's last reported valuation was $43.5 million in Apr 2025. No priced round, secondary trade or fund mark has surfaced since.

Conifer investors

8 investors are on record for Conifer, including Climate Capital, True Ventures, MaC Venture Capital and Voyager (US). By type, the record holds 6 venture capital firms.

About Conifer

Developer and manufacturer of compact electric powertrains designed to efficiently power small mobility and equipment applications. The company's in-wheel and modular axial-flux powertrains use patented stator designs, ferrite-magnet-based motors, and a simplified, tool-free manufacturing process to reduce rare-earth dependence, shorten and lighten the motor, and localize the supply chain, enabling manufacturers of small mobility, tools, and industrial equipment to increase range and performance while lowering weight, cost, and operating expenses.s

Sector
Business Products and Services (B2B)
HQ
Sunnyvale, CA, United States
Founded
2022
Employees
44
Ownership
Privately Held (backing)

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