About Eltav
Eltav is a company based in Raanana (Israel) founded in 2006 was acquired by Rotork in June 2015.. Eltav has raised $600 thousand across 1 funding round from investors including Rotork and Hutchison Kinrot. Eltav operates in a competitive market with competitors including Silixa, CorrosionRADAR, QLM, Rocsole and Novosound, among others.
- Headquarter Raanana, Israel
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Sectors
TechnologyEnergy & Utilities
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Phone
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Website
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Social
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Funding Insights of Eltav
Eltav has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in August 2006. 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 1
- Last Round Seed — $600,000
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First Round
First Round
(01 Aug 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2006 | Amount | Seed - Eltav | 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 |
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Investors in Eltav
Eltav has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Rotork and Hutchison Kinrot. 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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Founded Year | Domain | Location | |
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Designer and manufacturer of electric, pneumatic and hydraulic valve actuators and gearboxes
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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 Eltav
| 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.
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2016 |
Financial Statements - Eltav
| 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 |
Eltav Comparisons
Competitors of Eltav
Eltav 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 Silixa, CorrosionRADAR, QLM, Rocsole and Novosound, 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.
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Provider of corrosion management solution for the oil and gas industry
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Quantum sensing technology is provided for natural gas leak detection.
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| domain | founded_year | HQ Location |
Tomography solutions for oil and gas pipelines are provided.
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| domain | founded_year | HQ Location |
Ultrasound sensors for pipeline monitoring and fault detection are provided.
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| domain | founded_year | HQ Location |
MEMS-based chemical sensors are developed for diverse applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Eltav
When was Eltav founded?
Eltav was founded in 2006.
Where is Eltav located?
Eltav is headquartered in Raanana, Israel. It is registered at Raanana, Central District, Israel.
Is Eltav a funded company?
Eltav is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Aug 01, 2006.
What does Eltav do?
Eltav was founded in 2006 and provides a wireless monitoring solution for industrial valves via 2.4GHz RF and Zigbee transceivers. Valve devices with sensors are installed atop valves to capture opening and closing data, which is transmitted bi-directionally to a discrete input box. A tunneling router then connects this setup to the control systems wired network, where operators access data and perform related tasks through dedicated devices.
Who are the top competitors of Eltav?
Eltav's top competitors include QLM, Novosound and CorrosionRADAR.
Who are Eltav's investors?
Eltav has 2 investors. Key investors include Rotork, and Hutchison Kinrot.