ASTES4

Balerna, Switzerland Founded: 2013 • Age: 13 yrs Acquired By Mitsubishi Electric
Industrial automation systems are designed and manufactured.
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About ASTES4

ASTES4 is a company based in Balerna (Switzerland) founded in 2013 was acquired by Mitsubishi Electric in August 2018.. ASTES4 offers products and services including ASTES4 Sorting System, Picking Tools, Part Kitting, and Automatic FMS Cell. ASTES4 operates in a competitive market with competitors including Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, among others.

  • Headquarter Balerna, Switzerland
  • Sectors
    Industrial Goods & Manufacturing
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
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Products & Services of ASTES4

ASTES4 offers a comprehensive portfolio of products and services, including ASTES4 Sorting System, Picking Tools, Part Kitting, and Automatic FMS Cell. 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.

Primary

Automates sorting of laser-cut parts to enhance manufacturing efficiency.

Enables precise picking and handling of industrial components.

Manages kitting for streamlined production workflows.

Handles full production from material loading to part sorting.

Funding Insights of ASTES4

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in ASTES4

ASTES4 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mitsubishi 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.

All
Institutional
Investor Description Founded Year Domain Location
Industrial automation, power systems, and semiconductors are manufactured globally.
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 ASTES4

Investments
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 - ASTES4

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Astes4 Comparisons

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Competitors of ASTES4

ASTES4 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 Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, 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
AI-based robotic arms are developed for industrial automation tasks.
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AI-enabled robotic grippers for object picking are provided.
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Deep learning-based vision for autonomous robot perception is provided.
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Wall-climbing robots are developed for boiler inspections at power plants.
domain founded_year HQ Location
Collaborative robot arms are provided for industrial applications.
domain founded_year HQ Location
Motion control, robotics, and system engineering solutions are provided globally.
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 Astes4

Frequently Asked Questions about ASTES4

When was ASTES4 founded?

ASTES4 was founded in 2013.

Where is ASTES4 located?

ASTES4 is headquartered in Balerna, Switzerland. It is registered at Balerna, Ticino, Switzerland.

What does ASTES4 do?

ASTES4 was established in 2013 in Balerna, Switzerland. Industrial automation systems are designed and manufactured for various applications. Products including sorting systems, production cells, laser technologies, and automation components are provided. Operations center on the industrial sector, with a focus on manufacturing solutions. The company is based in Switzerland, serving regional and international needs in automation engineering.

Who are the top competitors of ASTES4?

ASTES4's top competitors include Vicarious, Universal Robots and Yaskawa.

What products or services does ASTES4 offer?

ASTES4 offers ASTES4 Sorting System, Picking Tools, Part Kitting, and Automatic FMS Cell.

Who are ASTES4's investors?

ASTES4 has 1 investor. Key investors include Mitsubishi Electric.

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