About Damen
Damen is a company based in Gorinchem (Netherlands) founded in 1927 was acquired by Liftal in September 2021.. Damen has raised $29.3 million across 8 funding rounds from investors including European Union and Liftal. Damen has completed 2 acquisitions, including DMHI and Skoon.
- Headquarter Gorinchem, Netherlands
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.3 M (USD)
in 8 rounds
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Latest Funding Round
$29.3 M (USD), Series B
Mar 11, 2021
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
DMHI
& 1 more
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Acquired by
Liftal
(Sep 30, 2021)
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Software Development Team
75 people
Sales and Marketing
48 people
Finance and Accounting
41 people
Project Team
33 people
Product Management Team
20 people
Leadership Team
20 people
Creative and Marketing Team
15 people
Operations Team
13 people
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Funding Insights of Damen
Damen has successfully raised a total of $29.3M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $29.3 million completed in March 2021. 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 Funding
- Total Rounds 8
- Last Round Series B — $29.3M
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First Round
First Round
(01 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series B - Damen | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - Damen | Valuation |
investors |
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| Jun, 2018 | Amount | Grant - Damen | 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 Damen
Damen has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Liftal. 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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Founded Year | Domain | Location | |
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Liftal is recognized as a specialist in lifting and hoisting technology.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Damen
Damen has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DMHI and Skoon. 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.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of a marketplace for businesses to offer and book energy storage for multiple applications
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2017 | ||||
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Residential repair services are provided for properties in Romania.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Damen
| 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 |
Damen Comparisons
Competitors of Damen
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Damen
When was Damen founded?
Damen was founded in 1927 and raised its 1st funding round 88 years after it was founded.
Where is Damen located?
Damen is headquartered in Gorinchem, Netherlands. It is registered at Gorinchem, South Holland, Netherlands.
Is Damen a funded company?
Damen is a funded company, having raised a total of $29.3M across 8 funding rounds to date. The company's 1st funding round was a Grant of $1.9M, raised on Feb 01, 2015.
What does Damen do?
Damen was founded in 1927 in Gorinchem, Netherlands, within the maritime sector. Operations focus on the production of marine components, alongside ship repair and maintenance activities. Management services for vessel operations are also handled. The company maintains its base in the Netherlands, supporting global maritime needs through these core functions.
Who are Damen's investors?
Damen has 2 investors. Key investors include European Union, and Liftal.