Amminex

Gribskov, Denmark Founded: 2005 • Age: 21 yrs Acquired By Faurecia
Offers NOx reduction technology for commercial vehicles
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About Amminex

Amminex is a company based in Gribskov (Denmark) founded in 2005 was acquired by Faurecia in December 2016.. Amminex has raised $26.37 million across 4 funding rounds from investors including Faurecia and European Union. Amminex offers products and services including Driver Monitoring System, Seating Innovations, and Appning Apps Market. Amminex operates in a competitive market with competitors including Pendragon, COYOTE, Bilia, BilBasen and BilHandel, among others.

  • Headquarter Gribskov, Denmark
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $26.37 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.78 M (USD), Grant

    May 08, 2018

  • Investors
    Faurecia

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Faurecia

    (Dec 13, 2016)

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Products & Services of Amminex

Amminex offers a comprehensive portfolio of products and services, including Driver Monitoring System, Seating Innovations, and Appning Apps Market. 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

Monitors drivers to enhance vehicle safety and user experience

Develops comfortable and intelligent seats for electric vehicles

Platform for in-car applications and identification features

Funding Insights of Amminex

Amminex has successfully raised a total of $26.37M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1.78 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $1.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Grant - Amminex Valuation

investors

Sep, 2015 Amount Grant - Amminex Valuation

investors

Jan, 2011 Amount Series B - Amminex Valuation

investors

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 Amminex

Amminex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Faurecia and European Union. 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
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Automotive components and systems are manufactured for vehicles.
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 Amminex

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 - Amminex

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

Amminex Comparisons

Employees
+
Add Comparison
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Competitors of Amminex

Amminex 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 Pendragon, COYOTE, Bilia, BilBasen and BilHandel, 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
domain founded_year HQ Location
Car dealership, repair, and leasing services are provided.
domain founded_year HQ Location
Integrated solutions for fleet management and vehicle tracking
domain founded_year HQ Location
Used vehicles are dealt by Bilia in the Swedish market.
domain founded_year HQ Location
Online classifieds for used cars are facilitated with valuation tools.
domain founded_year HQ Location
Online marketplace for purchasing and selling used vehicles across Denmark regions.
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.

Frequently Asked Questions about Amminex

When was Amminex founded?

Amminex was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Where is Amminex located?

Amminex is headquartered in Gribskov, Denmark.

Who is the current CEO of Amminex?

Martin Fischer is the current CEO of Amminex.

Is Amminex a funded company?

Amminex is a funded company, having raised a total of $26.37M across 4 funding rounds to date. The company's 1st funding round was a Series B of $26.37M, raised on Jun 01, 2009.

What does Amminex do?

Amminex, established in 2005, excels in auto, auto retail aftersales, dealership, diversified, and new used. Offers NOx reduction technology for commercial vehicles. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Amminex?

Amminex's top competitors include COYOTE, Pendragon and Bilia.

What products or services does Amminex offer?

Amminex offers Driver Monitoring System, Seating Innovations, and Appning Apps Market.

Who are Amminex's investors?

Amminex has 2 investors. Key investors include Faurecia, and European Union.

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