Airity Technologies

Redwood City, United States Founded: 2015 • Age: 11 yrs Acquired By Advanced Energy
High-voltage power conversion systems are manufactured for industrial use.
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About Airity Technologies

Airity Technologies is a company based in Redwood City (United States) founded in 2015 by Johan Andreasson and Luke Raymond was acquired by Advanced Energy in June 2024.. Airity Technologies offers products and services including Power Supplies and High Voltage Amplifiers.

  • Headquarter Redwood City, United States
  • Founders Johan Andreasson, Luke Raymond
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Advanced Energy Industries, Inc
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $254.39 K (USD), Grant

    Jul 01, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Advanced Energy

    (Jun 24, 2024)

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Products & Services of Airity Technologies

Airity Technologies offers a comprehensive portfolio of products and services, including Power Supplies and High Voltage Amplifiers. 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

Power supplies are designed for industrial and medical applications to deliver reliable energy solutions.

High voltage amplifiers are developed for semiconductor and plasma processes to support precise power delivery.

People of Airity Technologies
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Johan Andreasson
CEO & Co-Founder
People
Wiwin Lew
Power Electronics Engineer
People
Luke Raymond
CTO
People
Surali Mehta
Office Manager

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Funding Insights of Airity Technologies

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $254,392
  • First Round

    (01 Jul 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Grant - Airity Technologies Valuation

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Jul, 2016 Amount Grant - Airity Technologies Valuation

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

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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 Airity Technologies

Airity Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Advanced Energy and National Science Foundation. 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
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
Electronic components are manufactured by Advanced Energy for industrial applications.
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 Airity Technologies

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 - Airity Technologies

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

Airity Technologies Comparisons

Employees
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Competitors of Airity Technologies

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 Airity Technologies

Frequently Asked Questions about Airity Technologies

When was Airity Technologies founded?

Airity Technologies was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Airity Technologies located?

Airity Technologies is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Who is the current CEO of Airity Technologies?

Johan Andreasson is the current CEO of Airity Technologies. They have also founded this company.

What does Airity Technologies do?

Airity Technologies was founded in 2015 and is headquartered in Redwood City, United States. Operations are centered on the manufacturing of high-voltage power conversion systems within the power electronics sector. These systems are developed to support efficient energy management in various applications. The company is led by co-founders Johan Andreasson as CEO and Luke Raymond as CTO, with activities focused on technological advancements in the domain.

What products or services does Airity Technologies offer?

Airity Technologies offers Power Supplies and High Voltage Amplifiers.

Who are Airity Technologies's investors?

Airity Technologies has 2 investors. Key investors include Advanced Energy, and National Science Foundation.

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