Mercedes-Benz Group AG

company

About

Mercedes-Benz Group AG (formerly Daimler) is an automotive company that produces premium cars and commercial vehicles with a global reach.

Details

Last Funding Type
Post-IPO Secondary
Last Funding Money Raised
€1.14B
Industries
Automotive,Autonomous Vehicles,Finance,Manufacturing
Founded date
Jan 1, 1883
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
etr:MBG
Legal Name
Daimler AG

Mercedes-Benz Group AG (formerly Daimler) is an automotive company that produces premium cars and commercial vehicles with a global reach. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach.

The company’s founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group’s focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate. Daimler consequently invests in the development of alternative drive trains with the long-term goal of emission-free driving: from hybrid vehicles to electric vehicles powered by battery or fuel cell. Furthermore, the company follows a consistent path towards accident-free driving and intelligent connectivity all the way to autonomous driving. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€1.14B
Mercedes-Benz Group AG has raised a total of €1.14B in funding over 2 rounds. Their latest funding was raised on Mar 11, 2021 from a Post-IPO Secondary round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 11, 2021 Post-IPO Secondary €1.14B Detail
Jul 22, 2019 Post-IPO Equity 1 BAIC Group Detail
Feb 6, 2018 Post-IPO Equity 1 Geely Detail
Jan 11, 2002 IPO Detail

Investments

Number of Investments
Number of Lead Investments
53
26
Mercedes-Benz Group AG has made 53 investments. Their most recent investment was on Jan 27, 2022, when ProLogium Technology raised €100M.
Date Company Name
Round Money Raised Industry Lead Investor
Private Equity(PE) €100M Battery
Mar 24, 2021 Blacklane
Series Unknown €22M Hospitality
Mar 19, 2021 Momenta
Series C $500M Artificial Intelligence
Mar 3, 2021 Volocopter
Series D €201M Aerospace
May 26, 2020 Farasis Energy
Corporate Round $480M Battery Yes

Investors

Number of Lead Investors
Number of Investors
2
2
Mercedes-Benz Group AG is funded by 2 investors. BAIC Group and Geely are the most recent investors.
Investor Name Lead Investor Funding Round
BAIC Group Yes Post-IPO Equity
Geely Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
81
Mercedes-Benz Group AG has 81 current employee profiles, including Executive Markus Hägele
Executive
Board member
Employee
Employee
Employee

Exits

Mercedes-Benz Group AG has had 13 exits. Mercedes-Benz Group AG most notable exits include SoundHound ,   Proterra

Date Company Name Exit Type Industry
Apr 28, 2022 SoundHound IPO Artificial Intelligence Detail
Jun 15, 2021 Proterra IPO Automotive Detail
Mar 1, 2021 ChargePoint IPO Automotive Detail
Jul 17, 2020 Farasis Energy IPO Battery Detail
Mar 26, 2019 Careem M&A Customer Service Detail

Acquisition

Mercedes-Benz Group AG has acquired 3 organizations. Their most recent acquisition was Li-Tec Battery on Apr 29, 2014. They acquired Li-Tec Battery for 0.

Date Company Name
Industry Acquisition Type Price
Apr 29, 2014 Li-Tec Battery
Automotive acquisition Detail
Jan 27, 2017 Beat
Android acquisition $ 43M Detail
Nov 6, 2017 CINTEO GmbH
Innovation Management acquisition Detail