Abec

United Kingdom Acquired By Magnesium Capital
Building management and energy optimization services are provided across sectors.
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About Abec

Building management systems (BMS) and electrical power monitoring systems (EPMS) are installed, maintained, and optimized by Abec. Energy management, smart building solutions, and IoT integration form part of the services offered. Sectors including commercial properties, data centers, education, healthcare, and industrial facilities are served. Efficiency in buildings is improved, energy use is reduced, and operational performance is enhanced through these activities. Operations are conducted in the United Kingdom.

  • Headquarter United Kingdom
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Automated Building And Energy Controls Ltd
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Magnesium Capital

    (Jun 09, 2025)

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People of Abec
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Tom Winnifrith
Project Manager
People
Matthew Morrall
Chief Executive Officer
People
Kirsty McBride
Finance Trainee
People
Matt Litten
Chief Operating Officer

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Funding Insights of Abec

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

Investors in Abec

Abec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Magnesium Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in tech companies for energy transition are focused on.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Abec

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 - Abec

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

Abec Comparisons

Employees
+
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Competitors of Abec

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 Abec

Frequently Asked Questions about Abec

Where is Abec located?

Abec is headquartered in United Kingdom.

What does Abec do?

Building management systems (BMS) and electrical power monitoring systems (EPMS) are installed, maintained, and optimized by Abec. Energy management, smart building solutions, and IoT integration form part of the services offered. Sectors including commercial properties, data centers, education, healthcare, and industrial facilities are served. Efficiency in buildings is improved, energy use is reduced, and operational performance is enhanced through these activities. Operations are conducted in the United Kingdom.

Who are Abec's investors?

Abec has 1 investor. Key investors include Magnesium Capital.

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