Abakan

Miami, United States Founded: 2009 • Age: 17 yrs
Waste-to-energy conversion services are provided by Abakan.
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About Abakan

Abakan is a company based in Miami (United States) founded in 2009.. Abakan has raised $5.62 million across 7 funding rounds. The company has 25 employees as of May 31, 2015. Abakan offers products and services including CermaClad and PComP Coatings. Abakan operates in a competitive market with competitors including AVISTA OIL, Safety-Kleen, Resynergi, Kalina Power and Clean Seas, among others.

  • Headquarter Miami, United States
  • Employees 25 as on 31 May, 2015
  • Sectors
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abakan, Inc
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
    $1.04 M
    22
    as on May 31, 2015
  • Net Profit
    $-7.45 M
    -25
    as on May 31, 2015
  • EBITDA
    $-5.61 M
    8
    as on May 31, 2015
  • Total Equity Funding
    $5.62 M (USD)

    in 7 rounds

  • Latest Funding Round
    $715.8 K (USD), Series A

    Dec 09, 2014

  • Investors
  • Employee Count
    25

    as on May 31, 2015

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Products & Services of Abakan

Abakan offers a comprehensive portfolio of products and services, including CermaClad and PComP Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides high-strength metal cladding for corrosion resistance in industries.

Offers long-life protection against wear and corrosion for metal surfaces.

Funding Insights of Abakan

Abakan has successfully raised a total of $5.62M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $715.8 thousand completed in December 2014. 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 Rounds 7
  • Last Round Series A — $715,800
  • First Round

    (09 May 2012)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2014 Amount Series A - Abakan Valuation

investors

Apr, 2014 Amount Series A - Abakan Valuation

investors

Jun, 2013 Amount Series A - Abakan Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Abakan

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Abakan

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abakan Comparisons

Employees
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Competitors of Abakan

Abakan 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 AVISTA OIL, Safety-Kleen, Resynergi, Kalina Power and Clean Seas, 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
Oil refining services are provided by AVISTA OIL in Germany.
domain founded_year HQ Location
Oil refining and environmental services are provided to industrial clients.
domain founded_year HQ Location
Plastic waste is converted into oil through proprietary systems.
domain founded_year HQ Location
Conversion solutions for industrial waste into electricity are provided.
domain founded_year HQ Location
Energy is generated from plastic waste through specialized services.
domain founded_year HQ Location
Plastic waste is recycled to generate energy through specialized services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abakan

Frequently Asked Questions about Abakan

When was Abakan founded?

Abakan was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Abakan located?

Abakan is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Is Abakan a funded company?

Abakan is a funded company, having raised a total of $5.62M across 7 funding rounds to date. The company's 1st funding round was a Series A of $153.2K, raised on May 09, 2012.

How many employees does Abakan have?

As of May 31, 2015, the latest employee count at Abakan is 25.

What is the annual revenue of Abakan?

Annual revenue of Abakan is $1.04M as on May 31, 2015.

What does Abakan do?

Abakan was founded in 2009 and is based in Miami, United States. Operations in the waste-to-energy sector are conducted, with focus on converting waste materials into usable energy sources. Services include processing and transformation technologies for sustainable energy production. The company serves clients through its domain, abakaninc.com, emphasizing practical waste management solutions in the environmental services industry.

Who are the top competitors of Abakan?

Abakan's top competitors include Safety-Kleen, AVISTA OIL and Kalina Power.

What products or services does Abakan offer?

Abakan offers CermaClad and PComP Coatings.

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