Balestro

Mogi Mirim, Brazil Founded: 1952 • Age: 74 yrs Acquired By Hubbell
Products for TD lines, transformers, and lightning rods are manufactured.
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About Balestro

The company was established in 1952 in Mogi Mirim, Brazil, with operations centered on the electrical sector. Design, development, and production of equipment for transmission and distribution lines are handled, including surge arresters, insulators, and fuse switches. Transformers and lightning rods form key areas of focus, supporting infrastructure needs in power systems across the region.

  • Headquarter Mogi Mirim, Brazil
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Hubbell

    (Oct 27, 2023)

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Funding Insights of Balestro

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

Investors in Balestro

Balestro has secured backing from 1 investor. Prominent investors backing the company include Hubbell. 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
Investor Description Founded Year Domain Location
Manufacturer of utility and electrical products
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 Balestro

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 - Balestro

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

Balestro Comparisons

Employees
+
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Competitors of Balestro

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 Balestro

Frequently Asked Questions about Balestro

When was Balestro founded?

Balestro was founded in 1952.

Where is Balestro located?

Balestro is headquartered in Mogi Mirim, Brazil. It is registered at Mogi Mirim, Sao Paulo, Brazil.

What does Balestro do?

The company was established in 1952 in Mogi Mirim, Brazil, with operations centered on the electrical sector. Design, development, and production of equipment for transmission and distribution lines are handled, including surge arresters, insulators, and fuse switches. Transformers and lightning rods form key areas of focus, supporting infrastructure needs in power systems across the region.

Who are Balestro's investors?

Balestro has 1 investor. Key investors include Hubbell.

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