Dexmet

Wallingford, United States Founded: 1948 • Age: 78 yrs Acquired By PPG Industries
Manufacturer of metal foils for energy storage systems and batteries
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About Dexmet

Dexmet is a company based in Wallingford (United States) founded in 1948 was acquired by PPG Industries in July 2019.. The company has 66 employees as of December 31, 2018. Dexmet offers products and services including Expanded Metal Foils, Perforated Materials, and Expanded Polymers. Dexmet operates in a competitive market with competitors including Entek, Microporous, Optodot, SK ie technology and Polypore, among others.

  • Headquarter Wallingford, United States
  • Employees 66 as on 31 Dec, 2018
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dexmet Corporation
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $16 M (USD), Debt – Conventional

    Mar 11, 2013

  • Investors
  • Employee Count
    66

    as on Dec 31, 2018

  • Acquired by
    PPG Industries

    & 2 more

    (Jul 22, 2019)

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Products & Services of Dexmet

Dexmet offers a comprehensive portfolio of products and services, including Expanded Metal Foils, Perforated Materials, and Expanded Polymers. 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

Precision foils for aerospace and industrial protection needs.

Engineered metals and plastics for filtration applications.

Polymers for advanced filtration and industrial uses.

Funding Insights of Dexmet

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $16.0M
  • First Round

    (11 Mar 2013)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2013 Amount Debt – Conventional - Dexmet 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 Dexmet

Dexmet has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include PPG Industries, Abacus Finance and Avante Capital Partners. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
Founded Year Domain Location
Private credit solutions are offered for lower middle market firms.
Founded Year Domain Location
Private equity investments in lower middle market manufacturers and distributors in Ohio.
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 Dexmet

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 - Dexmet

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

Dexmet Comparisons

Employees
+
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Competitors of Dexmet

Dexmet 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 Entek, Microporous, Optodot, SK ie technology and Polypore, 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
Battery separators and extruders are developed and manufactured by Entek.
domain founded_year HQ Location
Battery separators for flooded lead-acid applications are manufactured.
domain founded_year HQ Location
Nanoporous separators for battery applications are developed and manufactured.
domain founded_year HQ Location
Nanotechnology-based Li-ion battery separators are developed and provided.
domain founded_year HQ Location
Battery separators for lithium-ion and lead-acid batteries are developed.
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 Dexmet

Frequently Asked Questions about Dexmet

When was Dexmet founded?

Dexmet was founded in 1948 and raised its 1st funding round 65 years after it was founded.

Where is Dexmet located?

Dexmet is headquartered in Wallingford, United States. It is registered at Wallingford, Connecticut, United States.

Who is the current CEO of Dexmet?

Tim Poor is the current CEO of Dexmet.

How many employees does Dexmet have?

As of Dec 31, 2018, the latest employee count at Dexmet is 66.

What does Dexmet do?

Dexmet was founded in 1948 and is based in Wallingford, United States. Operations focus on the production of expanded metal sheets from materials such as aluminum, copper, nickel, cold rolled steel, stainless steel, titanium, brass, and zinc. These sheets are applied in battery electrodes, fuel cells, and energy storage systems, as well as in aerospace, wind turbine, automotive, and industrial sectors.

Who are the top competitors of Dexmet?

Dexmet's top competitors include Entek, SK ie technology and Microporous.

What products or services does Dexmet offer?

Dexmet offers Expanded Metal Foils, Perforated Materials, and Expanded Polymers.

Who are Dexmet's investors?

Dexmet has 5 investors. Key investors include PPG Industries, Abacus Finance, Avante Capital Partners, MCM Capital Partners, and Sverica Capital.

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