About ChemTech
ChemTech is a company based in New York (United States) founded in 2017 by Oleg Giiazov and Kristina Khachemizova. ChemTech has raised $150 thousand across 3 funding rounds from investors including MassChallenge, Momenta and 500 Global. The company has 5 employees as of December 31, 2022. ChemTech offers products and services including AI Operator. ChemTech operates in a competitive market with competitors including DataProphet, Composabl, up2parts, ODYS and Togy, among others.
- Headquarter New York, United States
- Employees 5 as on 31 Dec, 2022
- Founders Oleg Giiazov, Kristina Khachemizova
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Chemical Technologies, Inc.
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Annual Revenue
$202.74 K (USD)64as on Dec 31, 2022
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Net Profit
-$89.87 K (USD)57as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$150 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
MassChallenge
& 2 more
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Employee Count
5
as on Dec 31, 2022
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Products & Services of ChemTech
ChemTech offers a comprehensive portfolio of products and services, including AI Operator.
Software that adjusts production processes in real-time for better yield and efficiency.
People of ChemTech
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Funding Insights of ChemTech
ChemTech has successfully raised a total of $150K across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(22 Jul 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - ChemTech | Valuation |
investors |
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| Mar, 2020 | Amount | Seed - ChemTech | Valuation | Momenta |
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| Jul, 2019 | Amount | Seed - ChemTech | Valuation | 500 Global |
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Investors in ChemTech
ChemTech has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MassChallenge, Momenta and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Industrial impact investments are driven by Momenta in critical sectors.
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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 |
Investments & Acquisitions by ChemTech
Financial Statements - ChemTech
Chemtech Comparisons
Competitors of ChemTech
ChemTech 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 DataProphet, Composabl, up2parts, ODYS and Togy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based solutions for manufacturing quality management are provided.
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| domain | founded_year | HQ Location |
Perception and imaging solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
Cloud-based suite solutions for the manufacturing industries
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| domain | founded_year | HQ Location |
AI-powered embedded systems are developed for diversified industrial applications.
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| domain | founded_year | HQ Location |
Offers visionsystems and automation for industrial quality inspection and measurement.
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Latest news on Chemtech
Frequently Asked Questions about ChemTech
ChemTech was founded in 2017 and raised its 1st funding round 2 years after it was founded.
ChemTech is headquartered in New York, United States. It is registered at New York, New York, United States.
Oleg Giiazov is the current CEO of ChemTech. They have also founded this company.
ChemTech is a funded company, having raised a total of $150K across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jul 22, 2019.
As of Dec 31, 2022, the latest employee count at ChemTech is 5.
Annual revenue of ChemTech is $202.74K as on Dec 31, 2022.
ChemTech was founded in 2017 and is headquartered in New York, United States. AI-driven software solutions are offered by the company for the manufacturing sector. Various production line processes are automated through artificial intelligence. Real-time adjustments to production are made by analyzing parameters such as temperature, pressure, and product quality. Improvements in key performance indicators, including production yield, energy costs, and greenhouse gas emissions, are claimed by the platform.
ChemTech's top competitors include DataProphet, Composabl and up2parts.
ChemTech offers AI Operator.
ChemTech has 3 investors. Key investors include MassChallenge, Momenta, and 500 Global.