Askaynak
About Askaynak
Askaynak was founded in 1974 as a manufacturer in the industrial equipment sector. Welding machines, generators, automation systems, and robot solutions are produced for various applications. Operations focus on design, assembly, and distribution, primarily serving markets in Turkey and internationally through the domain askaynak.com.tr. Leadership is provided by CEO and President Christopher L. Mapes, with emphasis on technical innovation in manufacturing processes.
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Phone
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Website
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Social
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- Legal Name Lincoln Electric Company
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Annual Revenue
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Latest Funding Round
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Acquired by
Lincoln Electric
(May 15, 2019)
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Funding Insights of Askaynak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Askaynak
Askaynak has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lincoln Electric. 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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Arc welding solutions and automation robots are provided.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Askaynak
| 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 - Askaynak
| 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 |
Askaynak Comparisons
Competitors of Askaynak
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Askaynak
When was Askaynak founded?
Askaynak was founded in 1974.
Who is the current CEO of Askaynak?
Christopher L Mapes is the current CEO of Askaynak.
What does Askaynak do?
Askaynak was founded in 1974 as a manufacturer in the industrial equipment sector. Welding machines, generators, automation systems, and robot solutions are produced for various applications. Operations focus on design, assembly, and distribution, primarily serving markets in Turkey and internationally through the domain askaynak.com.tr. Leadership is provided by CEO and President Christopher L. Mapes, with emphasis on technical innovation in manufacturing processes.
Who are Askaynak's investors?
Askaynak has 1 investor. Key investors include Lincoln Electric.