About Avtek
Founded in 1978 in Carrizal Municipality, Venezuela, Avtek operates in the electrical protection sector. Surge protection devices, including voltage regulators, surge suppressors, and uninterruptible power supplies, are produced to guard against voltage fluctuations. Products are categorized by equipment type, protection function, and application location to aid selection. Technical support is provided, and detailed specifications are offered for each item to inform users across residential, commercial, and industrial applications.
- Headquarter Carrizal, Venezuela
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Website
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Annual Revenue
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Latest Funding Round
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Employee Count
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Acquired by
Fidelity Investments
(Oct 01, 2005)
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Funding Insights of Avtek
| 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 Avtek
Avtek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fidelity Investments. 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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Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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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 Avtek
| 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 - Avtek
| 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 |
Avtek Comparisons
Competitors of Avtek
| 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 Avtek
When was Avtek founded?
Avtek was founded in 1978.
Where is Avtek located?
Avtek is headquartered in Carrizal, Venezuela. It is registered at Carrizal, Miranda, Venezuela.
What does Avtek do?
Founded in 1978 in Carrizal Municipality, Venezuela, Avtek operates in the electrical protection sector. Surge protection devices, including voltage regulators, surge suppressors, and uninterruptible power supplies, are produced to guard against voltage fluctuations. Products are categorized by equipment type, protection function, and application location to aid selection. Technical support is provided, and detailed specifications are offered for each item to inform users across residential, commercial, and industrial applications.
Who are Avtek's investors?
Avtek has 1 investor. Key investors include Fidelity Investments.
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