About 24SEA
24SEA is a company based in Brussels (Belgium) founded in 2011 by Freek Couttenier and Christof Devriendt.. 24SEA operates in a competitive market with competitors including Vertikal AI, Utopus Insights, LogiLube, POWERCON and Nabla Wind Power, among others.
- Headquarter Brussels, Belgium
- Founders Freek Couttenier, Christof Devriendt
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$542.69 K (USD), Grant
Oct 01, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of 24SEA
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $542,688
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First Round
First Round
(01 Oct 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Grant - 24SEA | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 24SEA
24SEA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 24SEA
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 24SEA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24Sea Comparisons
Competitors of 24SEA
24SEA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vertikal AI, Utopus Insights, LogiLube, POWERCON and Nabla Wind Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based turbine monitoring solutions are provided for asset assessment.
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| domain | founded_year | HQ Location |
Software for wind power project analysis and monitoring is offered.
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| domain | founded_year | HQ Location |
IoT sensors based asset condition monitoring for oil & gas
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| domain | founded_year | HQ Location |
A software platform for monitoring and operating IPPs in the wind energy sector.
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| domain | founded_year | HQ Location |
Solutions for extending wind turbine blade design life are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 24SEA
When was 24SEA founded?
24SEA was founded in 2011 and raised its 1st funding round 12 years after it was founded.
Where is 24SEA located?
24SEA is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
What does 24SEA do?
Offshore monitoring and engineering service provider. Offers testing, inspection services and develops short long-term energy and health monitoring systems for offshore turbine structures. With core expertise in data analysis, offers solutions for structural dynamics, signal processing, system identification, and health monitoring using data mining techniques. Also, involved in the commissioning and decommissioning of the offshore turbine structures.
Who are the top competitors of 24SEA?
24SEA's top competitors include Utopus Insights, POWERCON and LogiLube.
Who are 24SEA's investors?
24SEA has 1 investor. Key investors include European Union.