About Ascenz
Ascenz is a company based in Singapore (Singapore) founded in 2008 was acquired by GTT in December 2017.. Ascenz has raised $482 thousand across 2 funding rounds from investors including GTT, unknown and H. S. Engineers. Ascenz operates in a competitive market with competitors including Qtagg, Eniram, Eltronic FuelTech, Explicit and Fjord Maritime, among others.
- Headquarter Singapore, Singapore
-
Sectors
Transportation, Automotive & LogisticsEnvironment
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Ascenz
Ascenz has successfully raised a total of $482K across 2 strategic funding rounds. 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 2
- Last Round Last Round
-
First Round
First Round
(24 Dec 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Series A - Ascenz | Valuation | unknown |
|
| Dec, 2012 | Amount | Seed - Ascenz | Valuation | Red Dot Ventures |
|
| 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 Ascenz
Ascenz has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include GTT, unknown and H. S. Engineers. 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 |
|---|---|---|---|---|
|
H. S. Engineers is engaged in manufacturing acoustic enclosures and material handling systems.
|
Founded Year | Domain | Location | |
|
GTT is engaged in LNG transportation and storage solutions.
|
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 Ascenz
| 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 - Ascenz
| 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 |
Ascenz Comparisons
Competitors of Ascenz
Ascenz 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 Qtagg, Eniram, Eltronic FuelTech, Explicit and Fjord Maritime, 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 |
Maritime fuel management systems for fuel optimization are provided.
|
|
| domain | founded_year | HQ Location |
Fuel saving system for maritime vessels
|
|
| domain | founded_year | HQ Location |
Fuel efficiency solutions are provided for maritime vessels.
|
|
| domain | founded_year | HQ Location |
Maritime emissions are monitored through microsensor technology and data systems.
|
|
| domain | founded_year | HQ Location |
Provides electrification, digitalization, and energy solutions for the aquaculture sector.
|
| 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 Ascenz
Frequently Asked Questions about Ascenz
When was Ascenz founded?
Ascenz was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is Ascenz located?
Ascenz is headquartered in Singapore, Singapore.
Is Ascenz a funded company?
Ascenz is a funded company, having raised a total of $482K across 2 funding rounds to date. The company's 1st funding round was a Seed of $482K, raised on Dec 24, 2012.
What is the annual revenue of Ascenz?
Annual revenue of Ascenz is $4.65M as on Dec 31, 2021.
What does Ascenz do?
Founded in 2008 and based in Singapore, Ascenz operates in the maritime industry. Proprietary software is utilized to capture fuel consumption and bunkering data from vessels, which is transmitted directly to onshore offices. This information is analyzed for usage oversight and efficiency checks. Additional data on engine performance, vessel location, speed, and route is relayed, supporting navigational tracking.
Who are the top competitors of Ascenz?
Ascenz's top competitors include Explicit, Eltronic FuelTech and Eniram.
Who are Ascenz's investors?
Ascenz has 3 investors. Key investors include GTT, unknown, and H. S. Engineers.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.