About Contelec
Contelec is a company founded in 1960. It operates as a B2B. Contelec offers products and services including Vert-X 26, Vert-X 46MT, and Vert-X 32E. Contelec operates in a competitive market with competitors including CTS Corporation, Siko Global, Hengstler, PreciLabs and BEI Precision Systems, among others.
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TechnologyAgriculture
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- Legal Name Contelec Ag
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Products & Services of Contelec
Contelec offers a comprehensive portfolio of products and services, including Vert-X 26, Vert-X 46MT, and Vert-X 32E. 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.
Provides customizable electronics and mechanics for industrial applications.
Enables battery-free, precise rotation measurement in various sectors.
Offers IP68/IP69K protection for harsh environments and redundant systems.
Funding Insights of Contelec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Contelec
| 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 |
Financial Statements - Contelec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Contelec Comparisons
Competitors of Contelec
Contelec 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 CTS Corporation, Siko Global, Hengstler, PreciLabs and BEI Precision Systems, 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 |
Provider of sensing, motion devices and connectivity components
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Develops rotary and linear encoders for industrial applications.
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Industrial encoders, counters, and relays are developed by Hengstler.
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Optical position sensing modules for encoders are developed and manufactured.
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| domain | founded_year | HQ Location |
Optical encoders and sensing solutions are provided.
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| domain | founded_year | HQ Location |
Photoelectric displacement sensors and precision motion control systems are provided.
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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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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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Frequently Asked Questions about Contelec
When was Contelec founded?
Contelec was founded in 1960.
What does Contelec do?
Contelec AG, based in Biel, Switzerland, specializes in producing high-precision sensors and rotary encoders. These devices measure angles and rotations using advanced technologies like contactless and inductive systems. The company serves various industries, including agriculture, railway, construction machinery, energy, and marine, by offering customizable solutions. They focus on innovation, reliability, and cost-effective products to meet international standards, ensuring durable performance in demanding environments.
Who are the top competitors of Contelec?
Contelec's top competitors include CTS Corporation, Hengstler and BEI Precision Systems.
What products or services does Contelec offer?
Contelec offers Vert-X 26, Vert-X 46MT, and Vert-X 32E.