Addax Petroleum

Geneve, Switzerland Founded: 1994 • Age: 32 yrs Acquired By Sinopec
Oil and gas exploration and production activities are conducted globally.
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About Addax Petroleum

Addax Petroleum is a company based in Geneve (Switzerland) founded in 1994 was acquired by Sinopec in August 2009.. The company has 11 employees as of December 31, 2016.

  • Headquarter Geneve, Switzerland
  • Employees 11 as on 31 Dec, 2016
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    11

    as on Dec 31, 2016

  • Acquired by
    Sinopec

    (Aug 06, 2009)

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Funding Insights of Addax Petroleum

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

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Investors in Addax Petroleum

Addax Petroleum has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sinopec. 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
Institutional
Investor Description Founded Year Domain Location
Manufacturer of petroleum based chemicals
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 Addax Petroleum

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 - Addax Petroleum

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

Addax Petroleum Comparisons

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Competitors of Addax Petroleum

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 Addax Petroleum

Frequently Asked Questions about Addax Petroleum

When was Addax Petroleum founded?

Addax Petroleum was founded in 1994.

Where is Addax Petroleum located?

Addax Petroleum is headquartered in Geneve, Switzerland. It is registered at Geneve, Geneve, Switzerland.

How many employees does Addax Petroleum have?

As of Dec 31, 2016, the latest employee count at Addax Petroleum is 11.

What does Addax Petroleum do?

Addax Petroleum was founded in 1994 and is headquartered in Geneva, Switzerland. Operations in the oil and gas sector focus on exploration and production across various international regions. Assets are managed to extract and develop hydrocarbon resources, with activities spanning upstream processes. The company maintains a presence in key energy markets, supporting resource evaluation and field development without emphasis on downstream services.

Who are Addax Petroleum's investors?

Addax Petroleum has 1 investor. Key investors include Sinopec.

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