New Eagle - MiddleGround Capital
Investment Date:
November 2021
Exit Date:
Current
Fund:
Fund II/Mobility Opportunity Fund
Sector:
Automotive
Headquarters:
Ann Arbor, MI
Footprint:
2 facilities in North America*
Revenue:
~$10 million*
End Markets:
Automotive

*Figures shown are at acquisition

New Eagle provides proprietary hardware and software technology solutions that are mission-critical for the development of mechanical control systems for a variety of applications, including autonomous and electric vehicles.

The Company’s proprietary software, Raptor, enables users to create scalable and efficient mechatronic control systems.

 

Pi Innovo

Founded in 2011 and headquartered near Detroit, Michigan, Pi Innovo designs embedded software solutions and electronic control units for electrification, clean fuel, and specialty mobility applications. Pi Innovo’s OpenECUTM product portfolio includes off-the-shelf and project-specific controllers with embedded software as well as application and systems engineering services that support commercial and specialty vehicle OEMs and Tier-1s.