Arccore

Goteborg, Sweden Founded: 2009 • Age: 17 yrs Acquired By Vector
Embedded systems are provided for automotive industry applications.

About Arccore

Arccore is a Technology company based in Goteborg (Sweden) founded in 2009, and was acquired by Vector in August 2018. Embedded systems are provided for automotive industry applications. The company has 13 employees. The company was acqui-hired. Its focus areas include Semiconductors, Embedded Systems, Embedded Applications and Automotive. Its legal entity in India is Arccore Technologies India Private Limited (U72200PN2015FTC193914).

Company details

Arccore was founded in 2009 in Gothenburg, Sweden, focusing on the automotive sector. Embedded systems are supplied for various applications within this industry. The AUTOSAR development platform is made available under open source licenses to support adoption, alongside commercial options for software protection. A full suite of tools is offered, ranging from bootloaders to integrated platforms for electronic control unit development. Operations are centered in Sweden, serving global automotive needs.

Key Metrics
  • Indian entity revenue
    ₹81,538

    FY 2020 · -100% YoY

  • Indian entity net loss
    -₹5.2 Lakh

    FY 2020 · -642% margin

  • Indian entity EBITDA
    -₹2 Lakh

    FY 2020 · -240% margin

  • Investors
  • Employee Count
    13
  • Acquired by
    Vector

    (Aug 2018)

Investors in Arccore

Arccore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vector.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Embedded electronics and software solutions for automotive are developed.
1988vector.comStuttgart, Germany
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Investor details for Arccore

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Board of directors of Arccore Technologies India Private Limited (Arccore)

Arccore Technologies India Private Limited is the primary company behind Arccore. The board of Arccore Technologies India Private Limited currently have 3 directors; the longest-serving is Thomas Riegraf, appointed in 2019. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Thomas Riegraf
DIN 06520942
Managing Director18 Oct 20197 yrsArccore Technologies India Private Limited
Michael Baechle
DIN 08644535
Director14 Jan 20206 yrs 9 moArccore Technologies India Private Limited
Brahmanand Reddy Patil
DIN 06894061
Director28 Mar 20224 yrs 7 moArccore Technologies India Private Limited

Financials of Arccore

Figures of Arccore Technologies India Private Limited, the primary company behind Arccore, for FY 2020. Revenue was ₹81,538 (-100% year on year). Net loss was -₹5.2 Lakh (-642% margin). EBITDA was -₹2 Lakh (-240% margin). Revenue has grown at a compounded annual rate of -82% over three years.

  • ₹81,538Revenue · FY 2020 · -100% YoY
  • -₹5.2 LakhNet loss · -642% margin
  • -₹2 LakhEBITDA · -240% margin
  • ₹1.5 LakhPaid-up capital
  • 13Employees (provident fund records)
  • -82%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Arccore Technologies India Private Limited are on its company page.

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Detailed financial statements for Arccore

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Timeline of Arccore

2 dated milestones of Arccore across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Arccore is founded.
  2. Exit Acquired by Vector.

Web traffic of Arccore

Websites that share an audience with Arccore (arccore.com).

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Related news about Arccore

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Frequently Asked Questions about Arccore

Arccore was founded in 2009.

Arccore is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

Arccore has 13 employees.

The primary company behind Arccore, Arccore Technologies India Private Limited, reported revenue of β‚Ή81,538 for FY 2020, down 100% year on year.

Arccore was founded in 2009 in Gothenburg, Sweden, focusing on the automotive sector. Embedded systems are supplied for various applications within this industry. The AUTOSAR development platform is made available under open source licenses to support adoption, alongside commercial options for software protection. A full suite of tools is offered, ranging from bootloaders to integrated platforms for electronic control unit development. Operations are centered in Sweden, serving global automotive needs.

Arccore has 1 investor. Key investors include Vector.

Arccore operates through Arccore Technologies India Private Limited.

Yes. Arccore was acquired by Vector in August 2018.

The legal entities of Arccore currently have 3 directors, including Brahmanand Reddy Patil, Thomas Riegraf, Michael Baechle.

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