Investments
24Partners & Customers
10About Continental
Continental (FWB: CON) develops technologies and services for the sustainable and connected mobility of people and their goods. The company specializes in manufacturing tires, brake systems, interior electronics, automotive safety, powertrain and chassis components, tachographs, and other parts for the automotive and transportation industries.
Continental Headquarter Location
Vahrenwalder Strasse 9
Hanover, 30165,
Germany
+49 4951 193801
Continental Web Traffic
Continental Rank
Research containing Continental
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Continental in 3 CB Insights research briefs, most recently on Nov 24, 2021.
Dec 16, 2020
40+ Corporations Working On Autonomous Vehicles
Latest Continental News
Jun 29, 2022
Alexander Koerner/Getty Images News Continental AG ( OTCPK:CTTAF ) stock slid sharply on Wednesday after a public prosecutor in Frankfurt expanded the scope of inquiries into fraud by senior people at the car parts provider. According to German newspaper WirtschaftsWoche , the investigation has just recently extended to three individuals "who formerly held senior positions in the management of the Continental Group” on suspicions of fraud. The investigation into the company executives pertains to its sale of engine control devices to Stellantis ( STLA ) that were then passed on to Mitsubishi ( OTC:MTSUY ). These engines were identified by regulators as responsible for diesel emissions fraud. The issues of diesel engines has been a sore spot for German manufacturers since the widespread attention to Volkswagen’s (VKLWAF) dieselgate scandal . Shares of the German manufacturer fell 2.3% shortly after Monday’s market open, adding to an over 50% decline over the past year for the stock.
Continental Investments
24 Investments
Continental has made 24 investments. Their latest investment was in Motovis as part of their Series C on June 6, 2022.
Continental Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/13/2022 | Series C | Motovis | Yes | 1 | ||
12/14/2021 | Series B | Apex.AI | $56.5M | Yes | AGCO, Airbus Ventures, Canaan Partners, InMotion Ventures, Lightspeed Venture Partners, Orillion, Undisclosed Investors, and ZF Friedrichshafen | 10 |
12/8/2021 | Series A - II | Blickfeld | $31M | No | 15 | |
11/1/2021 | Series C | |||||
8/3/2021 | Corporate Minority |
Date | 6/13/2022 | 12/14/2021 | 12/8/2021 | 11/1/2021 | 8/3/2021 |
|---|---|---|---|---|---|
Round | Series C | Series B | Series A - II | Series C | Corporate Minority |
Company | Motovis | Apex.AI | Blickfeld | ||
Amount | $56.5M | $31M | |||
New? | Yes | Yes | No | ||
Co-Investors | AGCO, Airbus Ventures, Canaan Partners, InMotion Ventures, Lightspeed Venture Partners, Orillion, Undisclosed Investors, and ZF Friedrichshafen | ||||
Sources | 1 | 10 | 15 |
Continental Acquisitions
25 Acquisitions
Continental acquired 25 companies. Their latest acquisition was Printing Solutions Sweden on March 18, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/18/2022 | Acquired | 1 | ||||
11/12/2021 | Acquired Unit | 1 | ||||
10/9/2019 | Acquired | 1 | ||||
11/2/2018 | ||||||
10/29/2018 |
Date | 3/18/2022 | 11/12/2021 | 10/9/2019 | 11/2/2018 | 10/29/2018 |
|---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired Unit | Acquired | ||
Sources | 1 | 1 | 1 |
Continental Partners & Customers
10 Partners and customers
Continental has 10 strategic partners and customers. Continental recently partnered with Kinexon on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
5/17/2022 | Partner | Germany | 1 | ||
3/30/2022 | Vendor | United States | Continental Selects Everbridge to Increase Corporate Resilience Continental AG Selects Everbridge , Inc. to Increase Corporate Resilience | 3 | |
3/23/2022 | Partner | Germany | The partnership with Continental supports the university 's drive to develop scientific-based technological solutions for people , '' explains Andreas Timm-Giel , President of Hamburg University of Technology . | 1 | |
3/8/2022 | Partner | ||||
1/31/2022 | Licensee |
Date | 5/17/2022 | 3/30/2022 | 3/23/2022 | 3/8/2022 | 1/31/2022 |
|---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Partner | Licensee |
Business Partner | |||||
Country | Germany | United States | Germany | ||
News Snippet | Continental Selects Everbridge to Increase Corporate Resilience Continental AG Selects Everbridge , Inc. to Increase Corporate Resilience | The partnership with Continental supports the university 's drive to develop scientific-based technological solutions for people , '' explains Andreas Timm-Giel , President of Hamburg University of Technology . | |||
Sources | 1 | 3 | 1 |
Continental Team
17 Team Members
Continental has 17 team members, including current Chief Executive Officer, Elmar Degenhart.
Name | Work History | Title | Status |
|---|---|---|---|
Elmar Degenhart | Chief Executive Officer | Current | |
Werner Koestler | Senior Vice President | Current | |
Todd Ringa | Motorola, and Northrop Grumman | Senior Vice President | Current |
Harald Stuhlmann | Controller | Current | |
Ramesh Krishnan | RM Group, and Siemens | Chief Executive Officer | Former |
Name | Elmar Degenhart | Werner Koestler | Todd Ringa | Harald Stuhlmann | Ramesh Krishnan |
|---|---|---|---|---|---|
Work History | Motorola, and Northrop Grumman | RM Group, and Siemens | |||
Title | Chief Executive Officer | Senior Vice President | Senior Vice President | Controller | Chief Executive Officer |
Status | Current | Current | Current | Current | Former |
You May Also Like
Enso Tyres develops sustainable tires for electric vehicles.
Bridgestone, headquartered in Tokyo, is a tire and rubber company. In addition to tires for use in a wide variety of applications, Bridgstone also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods.
Michelin (EPA: ML) manufactures all-purpose tires, wheels, and steel cables for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment, and trucks; provides electronic mobility support services on ViaMichelin.com; and publishes travel guides, hotel guides, and restaurant guides, including the prestigious Michelin Guides.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.