About Eltek
Eltek is a company based in Drammen (Norway) founded in 1971 was acquired by Delta Electronics in December 2015. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 2 employees as of April 03, 2024. Eltek offers products and services including IPack65, SMART PDU I-type, and Solar Converters.
- Headquarter Drammen, Norway
- Employees 2 as on 03 Apr, 2024
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Delta Electronics, Inc.
- Date of Incorporation 20 Sep, 1996
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$926.46 K (USD)-73.83as on Mar 31, 2023
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Net Profit
$-188.6 K (USD)-11.69as on Mar 31, 2023
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EBITDA
$-356.21 K (USD)-66.17as on Mar 31, 2023
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Latest Funding Round
$6.3 K (USD), Grant
Dec 30, 2022
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Investors
Delta Electronics
& 2 more
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Employee Count
2
as on Apr 03, 2024
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Acquired by
Delta Electronics
(Dec 15, 2015)
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Products & Services of Eltek
Eltek offers a comprehensive portfolio of products and services, including IPack65, SMART PDU I-type, and Solar Converters. 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.
Power solution designed for 5G telecom networks efficiently.
Compact DC distribution with intelligent programmable breakers included.
Converters used for off-grid solar telecom site power.
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Funding Insights of Eltek
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $6,304
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Eltek | Valuation |
investors |
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| Dec, 2010 | Amount | Post-IPO - Eltek | 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 Eltek
Eltek has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Delta Electronics, Ministerstvo Hospodárstva Slovenskej Republiky and Altor. 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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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Power management and thermal solutions are provided globally.
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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 Eltek
| 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 - Eltek
| 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 |
Eltek Comparisons
Competitors of Eltek
| 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 Eltek
When was Eltek founded?
Eltek was founded in 1971 and raised its 1st funding round 39 years after it was founded.
Where is Eltek located?
Eltek is headquartered in Drammen, Norway. It is registered at Drammen, Viken, Norway.
Who is the current CEO of Eltek?
Svenn Bratterud is the current CEO of Eltek.
How many employees does Eltek have?
As of Apr 03, 2024, the latest employee count at Eltek is 2.
What is the annual revenue of Eltek?
Annual revenue of Eltek is $926.46K as on Mar 31, 2023.
What does Eltek do?
Eltek, a part of Delta Electronics, Inc., is focused on delivering innovative power systems and solutions for various industries including telecom, data centers, power utilities, marine, offshore, railway, metro, and rural electrification. Their offerings include high-efficiency power systems like IPack65 for 5G networks, compact DC distributions such as SMART PDU I-type, and solar converters for off-grid applications. Sustainability is emphasized through initiatives like tree planting and solar-powered projects, while a strong focus on cyber security ensures protection for critical infrastructure.
What products or services does Eltek offer?
Eltek offers IPack65, SMART PDU I-type, and Solar Converters.
Who are Eltek's investors?
Eltek has 3 investors. Key investors include Delta Electronics, Ministerstvo Hospodárstva Slovenskej Republiky, and Altor.
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