About CG Drives & Automation
Founded in 1997, operations are based in Helsingborg, Sweden, within the industrial automation sector. Drive systems for electric motors are produced, including variable speed controls and related automation components. Services encompass system integration and support for industrial applications. Leadership is provided by CEO Mikael Victor Samuelsson, with a focus on reliable motor control solutions across various geographies.
- Headquarter Helsingborg, Sweden
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Acquired by
CG Power & Industrial Solutions
(May 11, 2011)
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Funding Insights of CG Drives & Automation
| 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 CG Drives & Automation
CG Drives & Automation has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CG Power & Industrial Solutions. 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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Manufacturer of Industrial and Consumer Electric Equipment
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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 CG Drives & Automation
| 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 - CG Drives Automation
| 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 |
Cg Drives & Automation Comparisons
Competitors of CG Drives & Automation
| 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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Frequently Asked Questions about CG Drives & Automation
When was CG Drives & Automation founded?
CG Drives & Automation was founded in 1997.
Where is CG Drives & Automation located?
CG Drives & Automation is headquartered in Helsingborg, Sweden. It is registered at Helsingborg, Skane County, Sweden.
Who is the current CEO of CG Drives & Automation?
Mikael Victor Samuelsson is the current CEO of CG Drives & Automation.
What does CG Drives & Automation do?
Founded in 1997, operations are based in Helsingborg, Sweden, within the industrial automation sector. Drive systems for electric motors are produced, including variable speed controls and related automation components. Services encompass system integration and support for industrial applications. Leadership is provided by CEO Mikael Victor Samuelsson, with a focus on reliable motor control solutions across various geographies.
Who are CG Drives & Automation's investors?
CG Drives & Automation has 1 investor. Key investors include CG Power & Industrial Solutions.
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