About Aalborg Industries
Aalborg Industries is a company based in Aalborg (Denmark) founded in 1919 was acquired by Altor Equity Partners in July 2005.. Aalborg Industries has raised $980.82 thousand across 2 funding rounds from investors including IFU and Altor.
- Headquarter Aalborg, Denmark
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Sectors
Industrial Goods & Manufacturing
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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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Total Equity Funding
$980.82 K (USD)
in 2 rounds
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Latest Funding Round
$980.82 K (USD), Private Equity Round
Jun 01, 1991
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Investors
IFU
& 1 more
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Employee Count
Employee Count
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Acquired by
Altor Equity Partners
(Jul 01, 2005)
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Funding Insights of Aalborg Industries
Aalborg Industries has successfully raised a total of $980.82K across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $980.82 thousand completed in June 1991. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $980,823
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First Round
First Round
(01 Jun 1991)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1991 | Amount | Private Equity Round - Aalborg Industries | Valuation | IFU |
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| Jun, 1991 | Amount | Debt – Conventional - Aalborg Industries | 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 Aalborg Industries
Aalborg Industries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IFU and Altor. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Altor is engaged in private equity investments across multiple sectors.
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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 Aalborg Industries
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Aalborg Industries
| 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 |
Aalborg Industries Comparisons
Competitors of Aalborg Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Aalborg Industries
When was Aalborg Industries founded?
Aalborg Industries was founded in 1919 and raised its 1st funding round 72 years after it was founded.
Where is Aalborg Industries located?
Aalborg Industries is headquartered in Aalborg, Denmark.
Who is the current CEO of Aalborg Industries?
Jan Vestergaard Olsen is the current CEO of Aalborg Industries.
Is Aalborg Industries a funded company?
Aalborg Industries is a funded company, having raised a total of $980.82K across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $980.82K, raised on Jun 01, 1991.
What does Aalborg Industries do?
Established in 1919 in Aalborg, Denmark, Aalborg Industries operates within the marine and industrial engineering sector. Boilers, burners, heat exchangers, and inert gas systems are produced and distributed by the company to support maritime and energy applications. Operations are centered in Denmark, with products serving global clients in shipping and power generation. Leadership is provided by CEO Jan Vestergaard Olsen, overseeing manufacturing and supply chain activities.
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