Deswik

Brisbane, Australia Founded: 2007 • Age: 19 yrs Acquired By Sandvik
Mine planning solutions are provided for the mining industry.
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About Deswik

Deswik is a company based in Brisbane (Australia) founded in 2007 by Wayne Romer was acquired by Sandvik in December 2021.. Deswik offers products and services including Spatial, Planning, MDM, and OPS. Deswik operates in a competitive market with competitors including RungePincockMinarco, Gemcom Software, Commit Works, FORTAI and KPI Mining Solutions, among others.

  • Headquarter Brisbane, Australia
  • Founders Wayne Romer
  • Sectors
    Natural Resources
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Sandvik

    (Dec 02, 2021)

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Products & Services of Deswik

Deswik offers a comprehensive portfolio of products and services, including Spatial, Planning, MDM, and OPS. 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

Comprehensive tool for 3D modeling and mine design.

Links mine designs for long and short-term planning.

Manages spatial data for mine planning workflows.

Facilitates shift planning and production optimization.

Funding Insights of Deswik

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 Deswik

Deswik has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sandvik. 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
Mining and construction equipment tools are manufactured and supplied.
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 Deswik

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 - Deswik

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

Deswik Comparisons

Employees
+
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Competitors of Deswik

Deswik 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 RungePincockMinarco, Gemcom Software, Commit Works, FORTAI and KPI Mining Solutions, 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
domain founded_year HQ Location
Mine design, planning, and scheduling software is provided.
domain founded_year HQ Location
Mining planning software is provided for industry operations.
domain founded_year HQ Location
Workforce scheduling solutions are developed for industrial sectors.
domain founded_year HQ Location
Mine production management software is provided by FORTAI.
domain founded_year HQ Location
Provides software and consulting for mining optimization and risk assessment.
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 Deswik

Frequently Asked Questions about Deswik

When was Deswik founded?

Deswik was founded in 2007.

Where is Deswik located?

Deswik is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

What does Deswik do?

Deswik was established in 2007 in Brisbane, Australia, to deliver mine planning solutions for the mining sector. Tools for design, scheduling, haulage modeling, drill and blast design in underground operations, material flow modeling, Gantt chart scheduling, and data management are included in its offerings. Consultation services and training for software implementation are also provided. Customers such as Boliden, HWE Mining, Barrick, Goldcorp, and BMC are among those served.

Who are the top competitors of Deswik?

Deswik's top competitors include RungePincockMinarco, Gemcom Software and FORTAI.

What products or services does Deswik offer?

Deswik offers Spatial, Planning, MDM, and OPS.

Who are Deswik's investors?

Deswik has 1 investor. Key investors include Sandvik.

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