Corebon

Malmo, Sweden Founded: 2003 • Age: 23 yrs
Induction heating technology is developed for composites manufacturing processes.

About Corebon

Corebon is a company based in Malmo (Sweden) founded in 2003.. Corebon has raised $4.91 million across 2 funding rounds from investors including Scania. Corebon offers products and services including CorePower Induction Heating and Shell Tools.

  • Headquarter Malmo, Sweden
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Corebon Ab
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.91 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.91 M (USD), Series A

    Aug 20, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Corebon

Corebon offers a comprehensive portfolio of products and services, including CorePower Induction Heating and Shell Tools. 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.

Primary

Induction heating is utilized for rapid and precise temperature control in composites manufacturing

Shell tools are employed in composites processes for various industrial applications

Funding Insights of Corebon

Corebon has successfully raised a total of $4.91M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.91 million completed in August 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
  • Total Rounds 2
  • Last Round Series A — $4.9M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Series A - Corebon Valuation Scania
Nov, 2016 Amount Grant - Corebon Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Corebon

Corebon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scania. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial vehicles including trucks and buses are manufactured and serviced.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Corebon

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Corebon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Corebon Comparisons

Employees
+
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Competitors of Corebon

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Corebon

Frequently Asked Questions about Corebon

When was Corebon founded?

Corebon was founded in 2003 and raised its 1st funding round 13 years after it was founded.

Where is Corebon located?

Corebon is headquartered in Malmo, Sweden.

Who is the current CEO of Corebon?

Tobias Bjornhov is the current CEO of Corebon.

Is Corebon a funded company?

Corebon is a funded company, having raised a total of $4.91M across 2 funding rounds to date.

What does Corebon do?

Corebon was founded in 2003 in Malmo, Sweden, as a developer of induction heating systems tailored for composites production. The technology is applied in sectors such as automotive, aerospace, and sporting goods, where modular setups are integrated with existing machinery. Operations focus on achieving precise heating to shorten production times and lower energy use, while enabling the processing of recyclable thermoplastic materials for sustainable practices.

What products or services does Corebon offer?

Corebon offers CorePower Induction Heating and Shell Tools.

Who are Corebon's investors?

Corebon has 1 investor. Key investors include Scania.

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