About Absortech
Absortech was founded in 2001 and is headquartered in Falkenberg, Sweden. Moisture damage prevention solutions for the container shipping industry are developed and supplied by the company. Operations focus on maritime logistics, where desiccants and monitoring systems are utilized to protect cargo from humidity-related issues during transit. Services extend to global shipping routes, supporting vessel operators and freight forwarders in maintaining cargo integrity.
- Headquarter Falkenberg, Sweden
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- Legal Name Absortech India Private Limited
- Date of Incorporation 17 Mar, 2011
- Jurisdiction Haveli, Maharashtra, India
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Funding Insights of Absortech
| 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 |
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Investors in Absortech
Absortech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pamica. 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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Pamica is recognized as a growing industrial and service conglomerate.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Absortech
| 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 - Absortech
| 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 |
Absortech Comparisons
Competitors of Absortech
| 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 Absortech
When was Absortech founded?
Absortech was founded in 2001.
Where is Absortech located?
Absortech is headquartered in Falkenberg, Sweden.
Who is the current CEO of Absortech?
Rikard Kanmert is the current CEO of Absortech.
What is the annual revenue of Absortech?
Annual revenue of Absortech is $1.63M as on Mar 31, 2023.
What does Absortech do?
Absortech was founded in 2001 and is headquartered in Falkenberg, Sweden. Moisture damage prevention solutions for the container shipping industry are developed and supplied by the company. Operations focus on maritime logistics, where desiccants and monitoring systems are utilized to protect cargo from humidity-related issues during transit. Services extend to global shipping routes, supporting vessel operators and freight forwarders in maintaining cargo integrity.
Who are Absortech's investors?
Absortech has 1 investor. Key investors include Pamica.