About Chromagen
Chromagen is a company based in Haifa (Israel) founded in 1962 was acquired by Ariston in January 2022. It operates as a Direct-to-Consumer (D2C) and Professional Services. Chromagen has raised $5 million across 1 funding round from investors including Groupe Atlantic, Tene Capital and Ariston Group. Chromagen offers products and services including Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems. Chromagen operates in a competitive market with competitors including Zodiac Energy, Enerworks, Frisquet, VSVPRO and Sunne Heater, among others.
- Headquarter Haifa, Israel
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Sectors
Energy & Utilities
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Chromagen Israel Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Jun 01, 2006
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Investors
Groupe Atlantic
& 2 more
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Employee Count
Not available
- Acquired by
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Products & Services of Chromagen
Chromagen offers a comprehensive portfolio of products and services, including Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems.
Hot water systems using natural circulation are provided.
Hot water systems with forced circulation are offered.
Drain back systems for hot water are supplied.
People of Chromagen
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Funding Insights of Chromagen
Chromagen has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2006. 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.
Investors in Chromagen
Chromagen has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Groupe Atlantic, Tene Capital and Ariston Group.
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Tene Capital is recognized as a leading private equity fund in Israel.
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Thermal comfort solutions are provided by Groupe Atlantic globally.
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Heating and water heating solutions are offered by Ariston Group.
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Investor details for Chromagen
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Investments & Acquisitions by Chromagen
Investment portfolio details for Chromagen
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Financial Statements - Chromagen
Detailed financials for Chromagen
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Chromagen Comparisons
Peer comparison for Chromagen
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Competitors of Chromagen
Chromagen 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 Zodiac Energy, Enerworks, Frisquet, VSVPRO and Sunne Heater, among others.
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Solar parabolic troughs, water heaters, and PV modules are installed.
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Solar thermal energy technology developer
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Delivers smart solar water heating solutions for efficient energy use.
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Offers solutions for air conditioning and heating systems to optimize energy efficiency.
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Solar water heaters are manufactured for domestic use.
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Detailed competitors of Chromagen
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Latest news on Chromagen
Complete news archive for Chromagen
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Frequently Asked Questions about Chromagen
Chromagen was founded in 1962 and raised its 1st funding round 44 years after it was founded.
Chromagen is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
Chromagen is a funded company, having raised a total of $5M across 1 funding round to date.
Chromagen is established as a prominent provider of hot water solutions worldwide, catering to diverse sectors such as residential, commercial, industrial, hotels, hospitals, schools, universities, factories, and sports clubs. Comprehensive water heating solutions are offered through a specialized engineering department, including project data analysis, design drafts with ROI calculations, quotations, detailed plans, installation, supervision, and after-sale support. Various systems like thermosiphon, forced circulation, and drain back are provided to meet client needs across multiple applications.
Chromagen's top competitors include Zodiac Energy, Enerworks and VSVPRO.
Chromagen offers Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems.
Chromagen has 3 investors. Key investors include Groupe Atlantic, Tene Capital, and Ariston Group.