About CENOS
CENOS is a company based in Riga (Latvia) founded in 2017.. CENOS has raised $1.29 million across 3 funding rounds from investors including Startup Wise Guys, Capitalia and Uldis Sipols. CENOS offers products and services including Radio Frequency Simulation Software, Induction Heating Simulation Software, Wireless Charging Simulation Software, Electromagnetic Stirring Simulation Software, and Busbar Heating Simulation Software. CENOS operates in a competitive market with competitors including aPriori, Process Systems Enterprise, Shichuang Technology, Visual Components and Simreka, among others.
- Headquarter Riga, Latvia
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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
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- Legal Name Cenos
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.29 M (USD)
in 3 rounds
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Latest Funding Round
$1.12 M (USD), Seed
Feb 01, 2022
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Investors
Startup Wise Guys
& 3 more
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Employee Count
Employee Count
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Products & Services of CENOS
CENOS offers a comprehensive portfolio of products and services, including Radio Frequency Simulation Software, Induction Heating Simulation Software, Wireless Charging Simulation Software, Electromagnetic Stirring Simulation Software, and Busbar Heating Simulation Software. 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.
Software for simulating radio frequency applications in engineering processes.
Tool for analyzing and optimizing induction heating techniques efficiently.
Software to model wireless charging systems for practical engineering use.
Tool for simulating electromagnetic stirring of liquid metals in industries.
Software for modeling busbar heating processes to enhance engineering designs.
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Funding Insights of CENOS
CENOS has successfully raised a total of $1.29M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.12 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.1M
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First Round
First Round
(20 Mar 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - CENOS | Valuation | Capitalia | |
| Feb, 2020 | Amount | Seed - CENOS | Valuation | 500 Global |
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| Mar, 2017 | Amount | Seed - CENOS | Valuation | Startup Wise Guys |
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| 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 CENOS
CENOS has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Startup Wise Guys, Capitalia and Uldis Sipols. 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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Venture capital and startup accelerator focused on B2B and SaaS companies
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Capitalia is recognized as a leading financer for small and medium enterprises in the Baltic region.
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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 CENOS
| 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 - CENOS
| 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 |
Cenos Comparisons
Competitors of CENOS
CENOS 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 aPriori, Process Systems Enterprise, Shichuang Technology, Visual Components and Simreka, 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 |
Cost management platform is provided for discrete manufacturers.
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| domain | founded_year | HQ Location |
Process modeling software and model-based engineering services are offered.
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| domain | founded_year | HQ Location |
CAE software is provided for manufacturing industry simulations.
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| domain | founded_year | HQ Location |
Factory simulation software
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| domain | founded_year | HQ Location |
AI and ML based simulation software for the new materials discovery
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Cenos
Frequently Asked Questions about CENOS
When was CENOS founded?
CENOS was founded in 2017.
Where is CENOS located?
CENOS is headquartered in Riga, Latvia.
Is CENOS a funded company?
CENOS is a funded company, having raised a total of $1.29M across 3 funding rounds to date. The company's 1st funding round was a Seed of $21.11K, raised on Mar 20, 2017.
What does CENOS do?
CENOS was founded in 2017 in Riga, Latvia, focusing on the engineering software sector. 3D simulation tools for induction heating are provided, incorporating geometry design, automated meshing, efficient computation, estimation utilities, result post-processing, and both steady-state and transient analyses. A subscription model is utilized for pricing. Clients such as Himmelwerk, SMS Elotherm, and DLR are served through these operations.
Who are the top competitors of CENOS?
CENOS's top competitors include Process Systems Enterprise, aPriori and Shichuang Technology.
What products or services does CENOS offer?
CENOS offers Radio Frequency Simulation Software, Induction Heating Simulation Software, Wireless Charging Simulation Software, Electromagnetic Stirring Simulation Software, and Busbar Heating Simulation Software.
Who are CENOS's investors?
CENOS has 4 investors. Key investors include Startup Wise Guys, Capitalia, Uldis Sipols, and 500 Global.
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