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Faction - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Faction including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Faction company logo

Building self driving vehicle systems that work in real world applications.

Faction develops software for driverless electric vehicles aimed at revolutionizing micro-logistics and on-demand transportation.

HeadquartersSouth San Francisco, United States
Team size11-50
Founded2020

What is Faction? - Company Overview & Details

Faction is Faction develops software for driverless electric vehicles aimed at revolutionizing micro-logistics and on-demand transportation. Founded in 2020, the company is headquartered in South San Francisco, United States.

Who Founded Faction?

Faction was founded by Ain McKendrick.

Who are the Key Executives at Faction? - Leadership Team

Faction is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Faction

Ain McKendrickCEO

Chief Technology Officer (CTO) of Faction

CTO

About Ain McKendrick - CEO of Faction

Ain McKendrick serves as the Chief Executive Officer of Faction, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Faction Company Details & Key Information

Where is Faction located?

Faction is headquartered in South San Francisco, United States.

How many employees does Faction have?

Faction has 11-50 employees.

When was Faction founded?

Faction was founded in 2020.

Faction Official Website

How much funding has Faction raised?

Faction has raised $6 Million across 5 funding rounds. The most recent funding was completed on 2023-11-26.

Funding Overview

Faction secured funding to expand its driverless vehicle technology aimed at urban transportation and micro-logistics.

$6 Million
Total Funding Raised
5
Funding Rounds
2023-11-26
Latest Round

Faction Funding History

Seed
2023-11-26
$6 Million

Who are the key investors in Faction?

Faction is backed by 1 key investors including TDK Ventures Inc.. These investors focus on Advanced vehicle technology, Urban transportation, Sustainability sectors.

Faction Investor Overview

1
Key Investors
3
Focus Areas
0
Notable Investments

Complete List of Faction Investors

TDK Ventures Inc.

Lead investor focusing on advancing vehicle technology.

Investment Focus
Advanced vehicle technology
Urban transportation
Sustainability

What sectors do Faction investors focus on?

The investors backing Faction primarily focus on Advanced vehicle technology, Urban transportation, Sustainability sectors.

Advanced vehicle technology
Urban transportation
Sustainability

Featured Investor: TDK Ventures Inc.

TDK Ventures Inc.

Lead investor focusing on advancing vehicle technology.

Notable Investments:

What are Faction's future plans?

Faction Focus on expanding the scale and applications of driverless vehicle technology.

Faction Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Faction face?

Faction has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Faction

1

Regulatory hurdles

2

Market competition

What opportunities does Faction have?

Faction has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Faction

1

Expansion in urban delivery services

2

Partnerships with vehicle OEMs

Faction Strategic Position Summary

Key Focus Areas

Faction is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Faction?

Faction has 2 recent news updates covering key business developments and market activities.

Faction News Overview

2
Recent Articles
Active
Media Coverage
2025-01-01
Latest Update

What is Faction in the news for?

Faction is currently featured in news for Envo Drive Systems Inc. partnered with Faction Technology, Inc. on Jan 1st '25. and other significant business developments.

Recent News Articles About Faction

Article 1
2025-01-01

Envo Drive Systems Inc. partnered with Faction Technology, Inc. on Jan 1st '25.

Faction's partnership with Envo aims to integrate driverless tech into the Utility Personal Transporter platform.

newatlas.com
Read News
Article 2
2023-10-30

TDK Ventures Inc. invested into Faction Technology, Inc. on Oct 30th '23.

TDK Ventures leads funding targeting customer expansion for Faction's driverless vehicle technology.

prnewswire.com
Read News

Faction FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Faction including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Faction Questions & Answers - Company Information

Q1

What is Faction?

Faction develops software for driverless electric vehicles aimed at revolutionizing micro-logistics and on-demand transportation.

Q2

Who founded Faction?

Faction was founded by Ain McKendrick.

Q3

Who is the CEO of Faction?

The CEO of Faction is Ain McKendrick. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Faction raised?

Faction has raised a total of $$6 Million across 5 funding rounds. The most recent funding was completed on 2023-11-26.

Q5

Who are the investors in Faction?

Faction's key investors include TDK Ventures Inc..

Q6

Where is Faction headquartered?

Faction is headquartered in South San Francisco, United States.

Q7

When was Faction founded?

Faction was founded in 2020.

Q8

How many employees does Faction have?

Faction has 11-50 employees.

Q9

What is Faction's official website?

You can visit Faction's official website at http://www.faction.us.

Q10

What was Faction's latest funding round?

Faction's latest funding round was a Seed round of $$6 Million completed on 2023-11-26.

Q11

Who is founder?

Ain McKendrick

Q12

What does the company do?

Faction develops software for driverless electric vehicles aimed at revolutionizing micro-logistics and on-demand transportation.

Q13

How much funding?

$6 Million

Q14

Latest funding date?

2023-11-26

Q15

Who are the investors?

TDK Ventures Inc.

Q16

What are the challenges?

Regulatory hurdles Market competition

Q17

What are the opportunities?

Expansion in urban delivery services Partnerships with vehicle OEMs

Q18

Latest news?

Faction's partnership with Envo aims to integrate driverless tech into the Utility Personal Transporter platform. TDK Ventures leads funding targeting customer expansion for Faction's driverless vehicle technology.

More Information About Faction

For additional details about Faction, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.