Dymag

Chippenham, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By BORBET
Manufacturer of carbon fibre wheels
Annual revenue - Latest available
Total funding $13.7M 6 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Dymag

Dymag is a company based in Chippenham (United Kingdom) founded in 2012 by Christopher Shelley and Phil FitzGerald was acquired by BORBET in August 2024. Dymag has raised $13.69 million across 6 funding rounds from investors including Hankuk Carbon, Puma Growth Partners and BORBET. Dymag offers products and services including High-Performance Wheels, Carbon Wheels, and Alloy Wheels. Dymag operates in a competitive market with competitors including Accuride Corporation, Vaculug, Rimstock, Superior Industries and Maxion Wheels, among others.

  • Headquarter Chippenham, United Kingdom
  • Founders Christopher Shelley, Phil FitzGerald
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
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  • Legal Name Dymag Group Limited
  • Date of Incorporation 19 Dec, 2012
  • Jurisdiction CHIPPENHAM, WILTSHIRE, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $13.69 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    BORBET

    (Aug 23, 2024)

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Products & Services of Dymag

Dymag offers a comprehensive portfolio of products and services, including High-Performance Wheels, Carbon Wheels, and Alloy Wheels.

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Primary

Wheels designed for enhanced vehicle performance using lightweight materials

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Lightweight carbon wheels for motorcycles to improve speed and handling

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Alloy wheels for automobiles focusing on durability and weight reduction

Funding Insights of Dymag

Dymag has successfully raised a total of $13.69M across 6 strategic funding rounds. 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.

Investors in Dymag

Dymag has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Hankuk Carbon, Puma Growth Partners and BORBET.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are made to support growing businesses.
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Insulating materials for LNG carriers and composites are manufactured.
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Designs, produces, and sells aluminum wheels for vehicles and automotive applications globally.
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Investor details for Dymag

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Investments & Acquisitions by Dymag

Investments
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Investment portfolio details for Dymag

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Financial Statements - Dymag

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Detailed financials for Dymag

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Dymag Comparisons

Dymag Primary company
Description
Manufacturer of carbon fibre wheels
Location
Chippenham, United Kingdom
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Dymag

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Competitors of Dymag

Dymag 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 Accuride Corporation, Vaculug, Rimstock, Superior Industries and Maxion Wheels, among others.

Company Name Domain Founded year HQ Location Description
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Wheels and wheel-end components are manufactured for OEMs.
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Automotive tyres are manufactured by Vaculug in the United Kingdom.
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Alloy wheels are manufactured and supplied to OEMs and aftermarket.
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Aluminum wheels are manufactured and supplied to OEMs and aftermarket.
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Manufacturer & supplier of automotive wheels to OEMs
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Detailed competitors of Dymag

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Latest news on Dymag

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Complete news archive for Dymag

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Frequently Asked Questions about Dymag

Dymag was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Dymag is headquartered in Chippenham, United Kingdom.

Thomas De Lange is the current CEO of Dymag.

Dymag is a funded company, having raised a total of $13.69M across 6 funding rounds to date.

Dymag was established in 2012 in Chippenham, United Kingdom, as a specialist in the automotive manufacturing sector. Carbon fibre wheels are designed and produced by the company, with operations centered on creating lightweight components for vehicles. The firm is led by CEO Thomas De Lange, alongside co-founders Christopher Shelley and Phil FitzGerald. Focus remains on engineering solutions for performance applications within the industry.

Dymag's top competitors include Steel Strips Wheels, Accuride Corporation and Superior Industries.

Dymag offers High-Performance Wheels, Carbon Wheels, and Alloy Wheels.

Dymag has 3 investors. Key investors include Hankuk Carbon, Puma Growth Partners, and BORBET.

The valuation of Dymag is $16.98M as of Dec 2020.

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