About alfanar
alfanar is a company based in Riyadh (Saudi Arabia) founded in 1976.. alfanar has completed 1 acquisition, including Senvion. alfanar offers products and services including Electrical Products, EPC Solutions, and Engineering Services. alfanar operates in a competitive market with competitors including Flex and D Mak Energia, among others.
- Headquarter Riyadh, Saudi Arabia
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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Products & Services of alfanar
alfanar offers a comprehensive portfolio of products and services, including Electrical Products, EPC Solutions, and Engineering Services. 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.
Produces low, medium, and high-voltage electrical items for distribution.
Provides engineering, procurement, and construction for power plants.
Offers specialized engineering for energy and infrastructure sectors.
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Software Development Team
33 people
Sales and Marketing
30 people
Product Management Team
18 people
Leadership Team
8 people
Project Team
8 people
Creative and Marketing Team
8 people
Finance and Accounting
7 people
Senior Team
6 people
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Funding Insights of alfanar
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $3.2M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - alfanar | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - alfanar | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - alfanar | Valuation |
investors |
| 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 |
Investors in alfanar
alfanar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Gov.uk, European Union and APICORP. 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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Online government services and information are provided to users.
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Founded Year | Domain | Location | |
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Investment management services are provided by APICORP to regional clients.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by alfanar
alfanar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Senvion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wind operation and maintenance services are provided by Senvion.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - alfanar
| 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 |
Alfanar Comparisons
Competitors of alfanar
alfanar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flex and D Mak Energia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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| domain | founded_year | HQ Location |
Manufacturer of LED lights, electrical panels, and control systems in India.
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| 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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Latest news on Alfanar
Frequently Asked Questions about alfanar
When was alfanar founded?
alfanar was founded in 1976 and raised its 1st funding round 43 years after it was founded.
Where is alfanar located?
alfanar is headquartered in Riyadh, Saudi Arabia.
What does alfanar do?
Alfanar was established in 1976 and is headquartered in Riyadh, Saudi Arabia. Operations focus on the manufacturing of electrical construction products within the industrial sector. A range of solutions, including power distribution systems and construction materials, is provided to support infrastructure projects. The company maintains its primary base in the Middle East, with activities extending to regional and international markets through its domain alfanar.com.
Who are the top competitors of alfanar?
alfanar's top competitors include Flex and D Mak Energia.
What products or services does alfanar offer?
alfanar offers Electrical Products, EPC Solutions, and Engineering Services.
How many acquisitions has alfanar made?
alfanar has made 1 acquisition, including Senvion.
Who are alfanar's investors?
alfanar has 3 investors. Key investors include Gov.uk, European Union, and APICORP.
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