About CIE Automotive
CIE Automotive is a company based in Bilbao (Spain) founded in 1985 by Anil Haridass.. CIE Automotive has raised $16.34 million across 4 funding rounds from investors including International Finance Corporation, European Union and Export Development Canada. The company has 1,485 employees as of February 29, 2024. CIE Automotive has completed 5 acquisitions, including ALUDEC, IBER-OLEFF Brasil and Inteva Products. CIE Automotive offers products and services including Forging, Injection, and Aluminum Casting. CIE Automotive operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Bilbao, Spain
- Employees 1485 as on 29 Feb, 2024
- Founders Anil Haridass
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Sectors
Transportation, Automotive & Logistics
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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 Cie Automotive S.A.
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Annual Revenue
$4.11 B (USD)0.03as on Dec 31, 2024
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Net Profit
$338.33 M (USD)1.71as on Dec 31, 2024
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EBITDA
$756.19 M (USD)2.06as on Dec 31, 2024
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Total Equity Funding
$16.34 M (USD)
in 4 rounds
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Latest Funding Round
$333.37 K (USD), Grant
Nov 01, 2020
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Investors
International Finance Corporation
& 4 more
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Employee Count
1485
as on Feb 29, 2024
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Investments & Acquisitions
ALUDEC
& 4 more
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Products & Services of CIE Automotive
CIE Automotive offers a comprehensive portfolio of products and services, including Forging, Injection, and Aluminum Casting. 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.
Metal forging technology for automotive parts production
Injection molding for plastic automotive components
Aluminum casting processes for vehicle assemblies
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Funding Insights of CIE Automotive
CIE Automotive has successfully raised a total of $16.34M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $333.37 thousand completed in November 2020. 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 4
- Last Round Grant — $333,367
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First Round
First Round
(13 Feb 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Grant - CIE Automotive | Valuation |
investors |
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| Sep, 2018 | Amount | Grant - CIE Automotive | Valuation |
investors |
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| Jul, 2018 | Amount | Debt – Conventional - CIE Automotive | Valuation |
investors |
| 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 CIE Automotive
CIE Automotive has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation, European Union and Export Development Canada. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm focused on growth companies
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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 CIE Automotive
CIE Automotive has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ALUDEC, IBER-OLEFF Brasil and Inteva Products. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of multiple automotive parts and accessories
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2010 | ||||
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Major automotive components are manufactured and supplied to OEMs.
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2008 | ||||
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Industrial components and systems are designed, developed, engineered, and produced.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CIE Automotive
| 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 |
Cie Automotive Comparisons
Competitors of CIE Automotive
CIE Automotive 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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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 Cie Automotive
Frequently Asked Questions about CIE Automotive
When was CIE Automotive founded?
CIE Automotive was founded in 1985 and raised its 1st funding round 30 years after it was founded.
Where is CIE Automotive located?
CIE Automotive is headquartered in Bilbao, Spain. It is registered at Bilbao, Basque Autonomous Community, Spain.
Who is the current CEO of CIE Automotive?
Jesus Maria Herrera Barandiaran is the current CEO of CIE Automotive.
Is CIE Automotive a funded company?
CIE Automotive is a funded company, having raised a total of $16.34M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $150M, raised on Feb 13, 2015.
How many employees does CIE Automotive have?
As of Feb 29, 2024, the latest employee count at CIE Automotive is 1,485.
What is the annual revenue of CIE Automotive?
Annual revenue of CIE Automotive is $4.11B as on Dec 31, 2024.
What does CIE Automotive do?
CIE Automotive was established in 1985 in Bilbao, Spain, within the automotive sector. Components for roofs, bodies, chassis, and interiors are produced, including steering brackets, brake housings, crankshafts, and transmission enclosures. Supplies are directed to OEMs and tier 1 companies such as BMW, Mercedes, Tata, Opel, and Autoliv. Operations encompass parts for passenger and commercial vehicles, with a focus on structural and mechanical elements.
Who are the top competitors of CIE Automotive?
CIE Automotive's top competitors include Cummins, Valeo and Cooper Standard.
What products or services does CIE Automotive offer?
CIE Automotive offers Forging, Injection, and Aluminum Casting.
How many acquisitions has CIE Automotive made?
CIE Automotive has made 5 acquisitions, including ALUDEC, IBER-OLEFF Brasil, and Inteva Products.
Who are CIE Automotive's investors?
CIE Automotive has 5 investors. Key investors include International Finance Corporation, European Union, Export Development Canada, Ainos Holdings, and Kedaara.