About Beste
Beste is a company based in Prato (Italy) founded in 1992.. Beste has completed 1 acquisition, including Tessitura Serena. Beste offers products and services including Beste Fabric, Beste Garment, and Beredo Recycling. Beste operates in a competitive market with competitors including Gruppo Florence, Luxury Living Group, Belotti, Beretta Holding and Eurodecori, among others.
- Headquarter Prato, Italy
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Beste S.P.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$231.95 K (USD), Grant
Dec 01, 2017
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Investors
European Union
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
N/A
(Mar 17, 2023)
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Products & Services of Beste
Beste offers a comprehensive portfolio of products and services, including Beste Fabric, Beste Garment, and Beredo Recycling. 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.
Manufactures high-quality fabrics with innovative techniques.
Produces finished garments using advanced technologies.
Recovers and repurposes textile waste for new materials.
Funding Insights of Beste
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $231,954
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First Round
First Round
(12 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Grant - Beste | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Beste | 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 Beste
Beste has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and HModa. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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HModa is recognized as a luxury fashion manufacturing hub in Italy.
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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 Beste
Beste has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tessitura Serena. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online casual wear for men and women is offered.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Beste
| 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 |
Beste Comparisons
Competitors of Beste
Beste 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 Gruppo Florence, Luxury Living Group, Belotti, Beretta Holding and Eurodecori, 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 |
Provider of supply chain management services
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| domain | founded_year | HQ Location |
Home furniture is manufactured on a contract basis in Italy.
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| domain | founded_year | HQ Location |
Compact cases are manufactured on a contract basis by Belotti.
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| domain | founded_year | HQ Location |
Produces firearms, outdoor gear for hunting, sports, defense, and lifestyle markets.
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| domain | founded_year | HQ Location |
Contract manufacturers of clothing, leather goods, eyewear, objects and other sectors
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| 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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Latest news on Beste
Frequently Asked Questions about Beste
When was Beste founded?
Beste was founded in 1992 and raised its 1st funding round 25 years after it was founded.
Where is Beste located?
Beste is headquartered in Prato, Italy. It is registered at Prato, Tuscany, Italy.
Who is the current CEO of Beste?
Matteo Santi is the current CEO of Beste.
What does Beste do?
Beste was established in 1992 in Prato, Italy, as a contract-based manufacturer within the textile sector. Operations focus on producing cotton and woolen fabrics specifically intended for garment applications. Services are provided to clients seeking customized fabric solutions, with activities centered in the Italian textile hub of Prato. Leadership is held by CEO Matteo Santi, overseeing production processes tailored to client specifications.
Who are the top competitors of Beste?
Beste's top competitors include Luxury Living Group, Gruppo Florence and IFAP.
What products or services does Beste offer?
Beste offers Beste Fabric, Beste Garment, and Beredo Recycling.
How many acquisitions has Beste made?
Beste has made 1 acquisition, including Tessitura Serena.
Who are Beste's investors?
Beste has 2 investors. Key investors include European Union, and HModa.