About Cimteq
Cimteq is an Industrial Goods & Manufacturing company based in Wrexham (United Kingdom) founded in 1998, and was acquired by Underwriters Laboratories in September 2022. It operates as a software for cable design and manufacturing execution is developed. Cimteq has raised $3.21 million across 1 funding round from investors including Underwriters Laboratories and Foresight Group. The company has 42 employees. Its focus areas include Enterprise Applications, Manufacturing Tech, Manufacturing Execution System and Suite. Its legal entity is CIMTEQ LIMITED. Its competitors include Luminovo, MAVERICK Technologies, Bamboo Rose, ATS Applied Tech Systems and iTAC Software and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Cimteq was founded in 1998 and is based in Wrexham, United Kingdom. Design and manufacturing execution system software is offered to cable manufacturers in energy, communication, fibre optics, speciality, and industrial sectors. CableBuilder is utilized for cable design, production, ordering, and management, integrated with CAD tools. CableMES supports production planning, warehouse management, monitoring, quality control, reporting, and data collection. Clients such as Belden, Nexans, and Huawei are served.
- Headquarters Wrexham, United Kingdom
- Employees 42
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website cimteq.com
- Social LinkedIn X
- Acquired by Underwriters Laboratories (Sep 2022)
- Legal Name Cimteq Limited
- Date of Incorporation 20 Jan, 1998
- Jurisdiction BASINGSTOKE, HAMPSHIRE, UNITED KINGDOM
- Total Equity Funding$3.21M (USD)
in 1 rounds
- Latest Funding Round$3.21M (USD), Private Equity Round
Oct 2018
- InvestorsUnderwriters Laboratories
& 1 more
- Employee Count42
- Acquired byUnderwriters Laboratories
(Sep 2022)
Funding Insights of Cimteq
Cimteq has successfully raised a total of $3.21M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $3.21 million completed in October 2018. 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 $3.21M
- Total Rounds 1
- Last Round Private Equity Round — $3.21M
- First Round $3.21M
(Oct 2018)
- Investors Count 1
All 1 funding rounds of Cimteq with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $3.21M | Private Equity Round | – | Foresight Group | – |
2 investors in total: 2 institutional.
Investors in Cimteq
Cimteq has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Underwriters Laboratories and Foresight Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Foresight Group is engaged in sustainable investment management. | 1984 | foresightgroup.eu | - | |
Safety testing and compliance services are provided for multiple industries. | 1894 | ul.com | Northbrook, United States |
Investor details for Cimteq
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People of Cimteq
11 people are tracked at Cimteq (1 in leadership, 10 in team); the tracked headcount is 42.
| Name | Role | Group |
|---|---|---|
Moti Singh | Chief Technology Officer | Leadership |
Sam Fang | Internal Account Manager | Team |
Alison Hill | Office Administrator | Team |
Hamada KHALIFA, PMP® | Commercial Technical Lead | Team |
Owain Roberts | Quality Manager | Team |
Anna Latacz | Software Developer (full-stack Developer) | Team |
Daniel J. Collins | Application Support Developer | Team |
Daniel Sanderson | Product Owner | Team |
Jonathan Clapham | Software Developer | Team |
Pascal J. | Senior Developer | Team |
Owain C Roberts | Quality Manager | Team |
Complete people profiles for Cimteq
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Timeline of Cimteq
3 dated milestones of Cimteq across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Cimteq is founded.
- Funding First funding round of $3.2M.
- Exit Acquired by Underwriters Laboratories.
Competitors of Cimteq
Cimteq has 10 listed competitors in our database, 7 of them funded. They include Luminovo, MAVERICK Technologies, Bamboo Rose, ATS Applied Tech Systems and iTAC Software, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| luminovo.com | 2017 | Munich, Germany | $16.34M | 30 | Software suite for electronics supply chain management is provided. | |
| mavtechglobal.com | 1999 | Columbia, United States | $3.11M | 13 | Industrial automation and process control solutions are delivered to manufacturing. | |
| bamboorose.com | 2001 | Gloucester, United States | – | 70 | Online B2B marketplace for product and supply chain management | |
| ats-global.com | 1986 | Haarlem, Netherlands | – | – | Products and services for automation pyramid levels are provided. | |
| itac.de | 1998 | Montabaur, Germany | $5.53M | 116 | Traceability and MES solutions are provided to manufacturing industries. | |
| xinheyun.com | 2014 | Shanghai, China | $61.19M | – | Cloud-based MES software for multiple industries | |
| parsec-corp.com | 1987 | Anaheim, United States | – | 53 | Real-time operations and performance management software is developed for manufacturing. | |
| amfg.ai | 2013 | London, United Kingdom | $9.75M | 3 | Cloud-based MES solutions for additive manufacturing are provided. | |
| visiprise.com | 1985 | Alpharetta, United States | $30M | – | Provider of MES Software | |
| ehz.cn | 2005 | Shenzhen, China | $15M | – | Cloud-based solutions for manufacturing and logistics are provided. |
Detailed competitors of Cimteq
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- Full competitor set
- Operating metrics
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Web traffic of Cimteq
Websites that share an audience with Cimteq (cimteq.com).
Websites whose visitors overlap most with Cimteq. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| joineei.com | 100% | 1.4K | #10,923,964 | View details |
Top companies in Manufacturing Tech Solutions
10 companies that operate in the same segment as Cimteq (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 1.12 B | USD 1.71 B | 975 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, Missouri, United States | USD 806.48 M | USD 4.38 B | 4,353 | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Related news about Cimteq
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Frequently Asked Questions about Cimteq
Cimteq was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Cimteq is headquartered in Wrexham, United Kingdom. It is registered at Wrexham, Wales, United Kingdom.
Cimteq is a funded company, having raised a total of $3.21M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $3.21M, raised on Oct 2018.
Cimteq has 42 employees.
Cimteq was founded in 1998 and is based in Wrexham, United Kingdom. Design and manufacturing execution system software is offered to cable manufacturers in energy, communication, fibre optics, speciality, and industrial sectors. CableBuilder is utilized for cable design, production, ordering, and management, integrated with CAD tools. CableMES supports production planning, warehouse management, monitoring, quality control, reporting, and data collection. Clients such as Belden, Nexans, and Huawei are served.
Cimteq's top competitors include MAVERICK Technologies, Luminovo and ATS Applied Tech Systems.
Cimteq has 2 investors. Key investors include Underwriters Laboratories, and Foresight Group.
Cimteq operates through Cimteq Limited.
Yes. Cimteq was acquired by Underwriters Laboratories in September 2022.