Centec

Suzhou, China Founded: 2005 • Age: 21 yrs
Provider of vacuum cleaners and vacuum accessories for residential and commercial use.
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About Centec

Centec is a company based in Suzhou (China) founded in 2005.. Centec has raised $57.7 million across 2 funding rounds from investors including Infinity Group, China Integrated Circuit Industry Investment Fund and Detong Capital. Centec operates in a competitive market with competitors including Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome, among others.

  • Headquarter Suzhou, China
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $57.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $47 M (USD), Series E

    Sep 21, 2016

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Centec

Centec has successfully raised a total of $57.7M across 2 strategic funding rounds. The most recent funding activity was a Series E round of $47 million completed in September 2016. 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 Rounds 2
  • Last Round Series E — $47.0M
  • First Round

    (03 Aug 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2016 Amount Series E - Centec Valuation China Integrated Circuit Industry Investment Fund
Aug, 2011 Amount Series A - Centec Valuation Infinity Group , Detong Capital
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 Centec

Centec has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Infinity Group, China Integrated Circuit Industry Investment Fund and Detong Capital. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Infinity Group is recognized for cross-border innovation and investment.
Founded Year Domain Location
-
Founded Year Domain Location
-
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 Centec

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 - Centec

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

Centec Comparisons

Employees
+
Add Comparison
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Competitors of Centec

Centec 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 Mellanox Technologies, Innovium, Xsight Labs, ClariPhy and Netronome, 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.

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ICs for high-speed communications are designed and marketed.
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Data interface solutions for Ethernet connections are provided.
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High-speed optical interconnects for network infrastructure are developed.
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.
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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.

Frequently Asked Questions about Centec

When was Centec founded?

Centec was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Where is Centec located?

Centec is headquartered in Suzhou, China. It is registered at Suzhou, Jiangsu, China.

Is Centec a funded company?

Centec is a funded company, having raised a total of $57.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10.7M, raised on Aug 03, 2011.

What does Centec do?

Centec LLC was founded in 2005 and is based in Suzhou, China. Solutions in the form of automated process skids and processing skids are delivered to sectors such as food and beverage, energy, pharmaceutical, and chemical. Operations focus on reliability and precision in industrial processing equipment. Services support various applications across these industries, with a presence centered in Asia.

Who are the top competitors of Centec?

Centec's top competitors include Xsight Labs, Innovium and Mellanox Technologies.

Who are Centec's investors?

Centec has 3 investors. Key investors include Infinity Group, China Integrated Circuit Industry Investment Fund, and Detong Capital.

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