About ASK Chemicals
ASK Chemicals is a company based in Hilden (Germany) founded in 1929 was acquired by Rhone Group in July 2014. It operates as a B2B2C, and Reseller / Distribution. The company has 142 employees as of April 05, 2024. ASK Chemicals offers products and services including INOTEC Binder System, ASKOCOAT Fertilizer Coatings, 3D Binder Systems, and REZIANCE Resins.
- Headquarter Hilden, Germany
- Employees 142 as on 05 Apr, 2024
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ask Chemicals Gmbh
- Date of Incorporation 31 Jul, 1973
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$42.3 M (USD)64.57as on Mar 31, 2023
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Net Profit
$-706.99 K (USD)-472.15as on Mar 31, 2023
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EBITDA
$1.43 M (USD)708.16as on Mar 31, 2023
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Latest Funding Round
$389.71 M (USD), Debt – Conventional
Nov 12, 2024
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Investors
BAFA
& 1 more
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Employee Count
142
as on Apr 05, 2024
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Acquired by
Rhone Group
(Jul 01, 2014)
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Products & Services of ASK Chemicals
ASK Chemicals offers a comprehensive portfolio of products and services, including INOTEC Binder System, ASKOCOAT Fertilizer Coatings, 3D Binder Systems, and REZIANCE Resins. 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.
Emission-free binder technology is provided for foundry cores.
Sustainable coating technology is offered for fertilizer efficiency.
Advanced binders are developed for 3D sand printing.
Specialized resins are supplied for industrial application needs.
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Funding Insights of ASK Chemicals
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $389.7M
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First Round
First Round
(15 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Debt – Conventional - ASK Chemicals | Valuation |
investors |
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| Dec, 2022 | Amount | Debt – Conventional - ASK Chemicals | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - ASK Chemicals | 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 ASK Chemicals
ASK Chemicals has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include BAFA and Rhone Group. 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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Investment banking firm offering private equity investments
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Founded Year | Domain | Location | |
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Business and energy news is delivered via an online platform.
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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 ASK Chemicals
| 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 - ASK Chemicals
| 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 |
Ask Chemicals Comparisons
Competitors of ASK Chemicals
| 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 ASK Chemicals
When was ASK Chemicals founded?
ASK Chemicals was founded in 1929 and raised its 1st funding round 92 years after it was founded.
Where is ASK Chemicals located?
ASK Chemicals is headquartered in Hilden, Germany. It is registered at Hilden, North Rhine-westphalia, Germany.
How many employees does ASK Chemicals have?
As of Apr 05, 2024, the latest employee count at ASK Chemicals is 142.
What is the annual revenue of ASK Chemicals?
Annual revenue of ASK Chemicals is $42.3M as on Mar 31, 2023.
What does ASK Chemicals do?
ASK Chemicals is established as a global supplier of foundry chemicals, providing innovative solutions like emission-free binder systems such as INOTEC. The company is also involved in industrial resins, paints, and coatings, serving sectors like automotive, construction, and agriculture with products including fertilizer coatings and 3D binder systems. Sustainability is emphasized through eco-friendly technologies and processes. Operations are supported by a worldwide network, ensuring tailored solutions for diverse industrial applications.
What products or services does ASK Chemicals offer?
ASK Chemicals offers INOTEC Binder System, ASKOCOAT Fertilizer Coatings, 3D Binder Systems, and REZIANCE Resins.
Who are ASK Chemicals's investors?
ASK Chemicals has 2 investors. Key investors include BAFA, and Rhone Group.