About Combitech
Combitech is a company based in Vaxjo (Sweden) founded in 2006 was acquired by Telenor in July 2024.. Combitech has completed 2 acquisitions, including SecureCom and Watchcom Security Group. Combitech offers products and services including SIROS Software, SAINT Software, and Consulting Services. Combitech operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Vaxjo, Sweden
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Combitech
Combitech offers a comprehensive portfolio of products and services, including SIROS Software, SAINT Software, and Consulting Services. 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.
Software for electronic intelligence systems in defence applications
Software for electronic intelligence and related security solutions
Services for defence and industry sector innovations
Funding Insights of Combitech
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $186,069
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Grant - Combitech | Valuation |
investors |
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| Dec, 2019 | Amount | Grant - Combitech | Valuation |
investors |
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| Nov, 2018 | Amount | Grant - Combitech | 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 Combitech
Combitech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Telenor and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Voice, data, broadband internet, and television services are provided worldwide.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Combitech
Combitech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SecureCom and Watchcom Security Group. 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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Managed security services, consulting, and training are provided.
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2004 | ||||
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IT security assessments and consulting are offered for financial institutions.
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| 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 - Combitech
| 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 |
Combitech Comparisons
Competitors of Combitech
Combitech 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Combitech
Frequently Asked Questions about Combitech
When was Combitech founded?
Combitech was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Where is Combitech located?
Combitech is headquartered in Vaxjo, Sweden. It is registered at Vaxjo, Kronoberg County, Sweden.
What does Combitech do?
Combitech was established in 2006 in Vaxjo, Sweden, within the defense and technology sector. Analytics services focused on defense are offered, alongside technical solutions designed to support smarter, more sustainable, and resilient societies. Operations encompass consulting, engineering, and innovation services tailored to public and private clients across Europe. The companys domain, combitech.com, facilitates access to these offerings.
Who are the top competitors of Combitech?
Combitech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Combitech offer?
Combitech offers SIROS Software, SAINT Software, and Consulting Services.
How many acquisitions has Combitech made?
Combitech has made 2 acquisitions, including SecureCom, and Watchcom Security Group.
Who are Combitech's investors?
Combitech has 2 investors. Key investors include Telenor, and European Union.