Airex

Somersworth, United States Founded: 1961 • Age: 65 yrs Acquired By Allied Motion
Motors are manufactured by Airex for industrial applications.
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About Airex

Airex is a company based in Somersworth (United States) founded in 1961 was acquired by Allied Motion in June 2022.. The company has 26 employees as of December 31, 2019.

  • Headquarter Somersworth, United States
  • Employees 26 as on 31 Dec, 2019
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Airex
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    26

    as on Dec 31, 2019

  • Acquired by
    Allied Motion

    (Jun 21, 2022)

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Funding Insights of Airex

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 Airex

Airex has secured backing from 1 investor. Prominent investors backing the company include Allied Motion. 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
Investor Description Founded Year Domain Location
Motor and servo motion products are manufactured for multiple markets.
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 Airex

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 - Airex

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

Airex Comparisons

Employees
+
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Competitors of Airex

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 Airex

Frequently Asked Questions about Airex

When was Airex founded?

Airex was founded in 1961.

Where is Airex located?

Airex is headquartered in Somersworth, United States. It is registered at Somersworth, New Hampshire, United States.

How many employees does Airex have?

As of Dec 31, 2019, the latest employee count at Airex is 26.

What does Airex do?

Airex was established in 1961 as a manufacturer within the industrial equipment sector. Operations are centered in Somersworth, United States, where electric motors are produced for various machinery uses. The company focuses on assembly and distribution processes, serving clients in automation and engineering fields. Core activities include component fabrication and quality testing, with a presence maintained through the domain airex.com.

Who are Airex's investors?

Airex has 1 investor. Key investors include Allied Motion.

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