About Cavotec
Cavotec is a company based in Lugano (Switzerland) founded in 1974 was acquired by Fernweh in October 2022.. Cavotec offers products and services including Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions. Cavotec operates in a competitive market with competitors including Portchain, Portcast, Awake.AI, Tideworks Technology and Innovez-One, among others.
- Headquarter Lugano, Switzerland
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Cavotec Group Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Fernweh
(Oct 21, 2022)
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IPO & Listings of Cavotec
Cavotec is a publicly listed company on the OMXSTO with ticker symbol CCC in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cavotec
Cavotec offers a comprehensive portfolio of products and services, including Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions. 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.
Provides power solutions for cranes in ports.
Delivers electricity to ships at docks.
Automates vessel mooring processes in ports.
Enables remote operation of equipment.
Supports ultra-fast charging for vehicles.
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Funding Insights of Cavotec
| 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 Cavotec
Cavotec has secured backing from 1 investor. Prominent investors backing the company include Fernweh Group. 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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Industrial technology companies are supported by Fernweh Group.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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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Investments & Acquisitions by Cavotec
| 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 - Cavotec
| 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 |
Cavotec Comparisons
Competitors of Cavotec
Cavotec 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 Portchain, Portcast, Awake.AI, Tideworks Technology and Innovez-One, 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 |
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Port operations are managed via an AI and cloud-based platform.
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Predictive supply chain visibility and analytics are provided for logistics.
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AI, cloud, and IoT solutions for smart ports are provided.
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Delivers SaaS-based software solutions for efficient terminal operations.
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AI-powered software for smart port management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cavotec
Frequently Asked Questions about Cavotec
When was Cavotec founded?
Cavotec was founded in 1974.
Where is Cavotec located?
Cavotec is headquartered in Lugano, Switzerland. It is registered at Lugano, Ticino, Switzerland.
Who is the current CEO of Cavotec?
Mikael Norin is the current CEO of Cavotec.
What does Cavotec do?
Cavotec was founded in 1974 in Lugano, Switzerland, where automated connection and electrification systems are designed and manufactured for ports, airports, and various industries. Operations focus on products such as motorized reels, radio remote controls, spring reels, joysticks and controls, cables, connectors and power units, and cable chains. The company serves global sectors requiring reliable electrification solutions, with headquarters based in Switzerland.
Who are the top competitors of Cavotec?
What products or services does Cavotec offer?
Cavotec offers Crane Electrification, Shore Power, Automated Mooring, Radio Remote Controls, and Charging Solutions.
Is Cavotec publicly traded?
Yes, Cavotec is publicly traded on OMXSTO under the ticker symbol CCC.
Who are Cavotec's investors?
Cavotec has 1 investor. Key investors include Fernweh Group.
What is Cavotec's ticker symbol?
The ticker symbol of Cavotec is CCC on OMXSTO.