About Ascatron
Ascatron is a company based in Stockholm (Sweden) founded in 2011 was acquired by II-VI Incorporated in August 2020.. Ascatron has raised $7.3 million across 4 funding rounds from investors including II-VI Incorporated, European Union and EIT.
- Headquarter Stockholm, Sweden
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.3 M (USD)
in 4 rounds
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Latest Funding Round
$3.92 M (USD), Series A
Jul 10, 2019
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Investors
II-VI Incorporated
& 6 more
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Employee Count
Employee Count
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Acquired by
II-VI Incorporated
(Aug 12, 2020)
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Funding Insights of Ascatron
Ascatron has successfully raised a total of $7.3M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.92 million completed in July 2019. 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 Funding
- Total Rounds 4
- Last Round Series A — $3.9M
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First Round
First Round
(30 Sep 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - Ascatron | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Ascatron | Valuation |
investors |
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| May, 2016 | Amount | Grant - Ascatron | 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 Ascatron
Ascatron has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include II-VI Incorporated, European Union and EIT. 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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Details about COMO VENTURE's activities are not provided.
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Founded Year | Domain | Location | |
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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 Ascatron
| 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 |
Financial Statements - Ascatron
| 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 |
Ascatron Comparisons
Competitors of Ascatron
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Ascatron
When was Ascatron founded?
Ascatron was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Ascatron located?
Ascatron is headquartered in Stockholm, Sweden.
Is Ascatron a funded company?
Ascatron is a funded company, having raised a total of $7.3M across 4 funding rounds to date. The company's 1st funding round was a Grant of $1.13M, raised on Sep 30, 2015.
What does Ascatron do?
Ascatron was founded in 2011 in Stockholm, Sweden, as an independent producer of Silicon Carbide (SiC) materials and devices. Full fabrication processes are handled from epitaxy to diced wafers within the semiconductor sector. Power diode products, including Schottky diodes, PiN diodes, and 3DSiC variants, are offered. These components support applications in electric vehicle motor drives, chargers, uninterruptible power supplies for data centers, and industrial motor controls for pumps and fans.
Who are Ascatron's investors?
Ascatron has 7 investors. Key investors include II-VI Incorporated, European Union, EIT, Quadrivio, and LPE-EPI.