About Conveyor Technique
Conveyor Technique is a company based in Naestved (Denmark) founded in 2010. Conveyor solutions are designed and supplied for industrial applications. Conveyor Technique has raised $519.89 thousand across 1 funding round from investors including IFU. Its chief executive, as recorded, is Allan Jorgensen. Its Indian entity Conveyor Teknik India Private Limited reported revenue of ₹2.58 Cr. Conveyor Technique offers products and services including Overhead Conveyors and Floor Conveyors.
Company details
Conveyor Technique was founded in 2010 in Naestved, Denmark, within the industrial engineering sector. Conveyor systems and related solutions are designed and supplied to support material handling operations. Services encompass customization and delivery for various client needs, with activities based primarily in Denmark. The companys online presence is maintained through the domain ctas.dk, and oversight is provided by CEO Allan Jorgensen.
- Headquarters Naestved, Denmark
- Email••••••••
- Phone•••• ••••
- Website ctas.dk
- Social LinkedIn
- Legal Name Conveyor Teknik India Private Limited
- Date of Incorporation 12 Apr, 2011
- Jurisdiction Tiruvallur, Tamil Nadu, India
- Indian entity revenue₹2.58 Cr
FY 2020 · -9% YoY
- Indian entity net loss-₹31.7 Lakh
FY 2020 · -12% margin
- Indian entity EBITDA₹25.1 Lakh
FY 2020 · 10% margin
- Total Equity Funding$519.89K (USD)
in 1 rounds
- Latest Funding Round$519.89K (USD), Seed
Jun 2010
- Investors
Associated legal entities of Conveyor Technique
Conveyor Technique operates through Conveyor Teknik India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Conveyor Teknik India Private Limited CIN U29255TN2011FTC080122 | Active | 12 Apr 2011 | Tiruvallur, Tamil Nadu | ₹2.6 Cr | 2 | View details |
Products & Services of Conveyor Technique
Conveyor Technique offers a comprehensive portfolio of products and services, including Overhead Conveyors and Floor Conveyors.
Overhead conveyors are designed for industrial applications such as painting and assembly, providing efficient transport solutions.
Floor conveyors are fixed to existing floors for use in assembly and paint lines, often combined with robots for enhanced functionality.
Funding Insights of Conveyor Technique
Conveyor Technique has successfully raised a total of $519.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $519.89 thousand completed in June 2010. 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 $519,887
- Total Rounds 1
- Last Round Seed — $519,887
- First Round $519,887
(Jun 2010)
- Investors Count 1
All 1 funding rounds of Conveyor Technique 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 |
|---|---|---|---|---|---|
| Jun 2010 | $519,887 | Seed | – | IFU | – |
1 investors in total: 1 institutional.
Investors in Conveyor Technique
Conveyor Technique has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IFU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark |
Investor details for Conveyor Technique
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Conveyor Teknik India Private Limited (Conveyor Technique)
Conveyor Teknik India Private Limited is the primary company behind Conveyor Technique. The board of Conveyor Teknik India Private Limited currently have 2 directors; the longest-serving is Sreedharan Suresh, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sreedharan Suresh DIN 05293029 | Director | 23 Mar 2012 | 14 yrs 7 mo | Conveyor Teknik India Private Limited |
| Allan Jorgensen DIN 08144255 | Director | 07 May 2018 | 8 yrs 6 mo | Conveyor Teknik India Private Limited |
People of Conveyor Technique
1 people are tracked at Conveyor Technique (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Conveyor Technique
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Conveyor Technique
Figures of Conveyor Teknik India Private Limited, the primary company behind Conveyor Technique, for FY 2020. Revenue was ₹2.58 Cr (-9% year on year). Net loss was -₹31.7 Lakh (-12% margin). EBITDA was ₹25.1 Lakh (10% margin). Revenue has grown at a compounded annual rate of -2% over three years.
- ₹2.58 CrRevenue · FY 2020 · -9% YoY
- -₹31.7 LakhNet loss · -12% margin
- ₹25.1 LakhEBITDA · 10% margin
- ₹4.96 CrPaid-up capital
- -2%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Conveyor Teknik India Private Limited are on its company page.
Detailed financial statements for Conveyor Technique
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Conveyor Technique
2 dated milestones of Conveyor Technique, from founding to its latest funding, stage changes and deals.
- Founded Conveyor Technique is founded.
- Funding First funding round of $520K.
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Frequently Asked Questions about Conveyor Technique
Conveyor Technique was founded in 2010.
Conveyor Technique is headquartered in Naestved, Denmark.
Allan Jorgensen is the CEO of Conveyor Technique, as recorded in our data.
Conveyor Technique is a funded company, having raised a total of $519.89K across 1 funding round to date. The company's 1st funding round was a Seed of $519.89K, raised on Jun 2010.
The primary company behind Conveyor Technique, Conveyor Teknik India Private Limited, reported revenue of ₹2.58 Cr for FY 2020, down 9% year on year.
Conveyor Technique was founded in 2010 in Naestved, Denmark, within the industrial engineering sector. Conveyor systems and related solutions are designed and supplied to support material handling operations. Services encompass customization and delivery for various client needs, with activities based primarily in Denmark. The companys online presence is maintained through the domain ctas.dk, and oversight is provided by CEO Allan Jorgensen.
Conveyor Technique offers Overhead Conveyors and Floor Conveyors.
Conveyor Technique has 1 investor. Key investors include IFU.
Conveyor Technique operates through Conveyor Teknik India Private Limited.
The legal entities of Conveyor Technique currently have 2 directors, including Sreedharan Suresh, Allan Jorgensen.