About Asetek
Asetek is a company based in Aalborg (Denmark) founded in 1997. Asetek has raised $34 million across 7 funding rounds from investors including D. E. Shaw Group, European Union and EIC Fund. Asetek operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.
- Headquarter Aalborg, Denmark
- Stage Public
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Sectors
Technology
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Phone
Locked
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Website
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Social
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- Legal Name Asetek A/S
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Annual Revenue
$50.43 M (USD)-31.18as on Dec 31, 2024
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Net Profit
-$22.99 M (USD)-499.07as on Dec 31, 2024
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EBITDA
-$10.57 K (USD)-100.07as on Dec 31, 2024
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Total Equity Funding
$34 M (USD)
in 7 rounds
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Latest Funding Round
$1.24 M (USD), Grant
Jun 30, 2019
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Investors
D. E. Shaw Group
& 6 more
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Employee Count
Not available
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IPO & Listings of Asetek
Asetek is a publicly listed company on the OMXCOP with ticker symbol ASTK in Denmark, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Asetek
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Funding Insights of Asetek
Asetek has successfully raised a total of $34M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $1.24 million completed in June 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.
Investors in Asetek
Asetek has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include D. E. Shaw Group, European Union and EIC Fund.
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Government agency and accelerator focusing on innovative startups and SMEs
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Early-stage startups are funded by Northzone venture capital.
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Investments are made by Sunstone in early-stage European companies.
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Investor details for Asetek
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Investments & Acquisitions by Asetek
Investment portfolio details for Asetek
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Financial Statements - Asetek
Detailed financials for Asetek
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Asetek Comparisons
Peer comparison for Asetek
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Competitors of Asetek
Asetek 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 Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Asetek
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Latest news on Asetek
Complete news archive for Asetek
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Frequently Asked Questions about Asetek
Asetek was founded in 1997 and raised its 1st funding round 9 years after it was founded.
Asetek is headquartered in Aalborg, Denmark.
Asetek is a funded company, having raised a total of $34M across 7 funding rounds to date.
Annual revenue of Asetek is $50.43M as on Dec 31, 2024.
Asetek was founded in 1997 in Aalborg, Denmark, within the technology sector focused on hardware cooling. Cooling systems designed to manage heat in CPUs and GPUs are produced. Air and liquid cooling technologies are supplied for data centers, servers, workstations, gaming setups, and high-performance PCs. Operations emphasize energy-efficient solutions tailored to computing infrastructure demands across global markets.
Asetek's top competitors include Particle, Landis+Gyr and Danfoss.
Yes, Asetek is publicly traded on OMXCOP under the ticker symbol ASTK.
Asetek has 7 investors. Key investors include D. E. Shaw Group, European Union, EIC Fund, Northzone, and Sunstone.
The ticker symbol of Asetek is ASTK on OMXCOP.