About Eltronic
Eltronic is a company based in Hedensted (Denmark) founded in 2000 by Lars Jensen. Eltronic has raised $13.97 million across 3 funding rounds from investors including European Union and Blue Equity. The company has 999 employees as of October 31, 2022. Eltronic offers products and services including Production Systems, Automation Solutions, and Digitalization Services. Eltronic operates in a competitive market with competitors including ALLETE, Swedish Energy Agency, SUSI Partners, Natural Power and Dulas, among others.
- Headquarter Hedensted, Denmark
- Employees 999 as on 31 Oct, 2022
- Founders Lars Jensen
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Eltronic Engineering India Private Limited
- Date of Incorporation 07 Dec, 2011
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$239.11 M (USD)60as on Oct 31, 2022
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Net Profit
$10.23 M (USD)7as on Oct 31, 2022
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EBITDA
$13.23 M (USD)-3as on Oct 31, 2022
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Total Equity Funding
$13.97 M (USD)
in 3 rounds
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Latest Funding Round
$4.94 M (USD), Private Equity Round
May 24, 2018
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Investors
European Union
& 1 more
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Employee Count
999
as on Oct 31, 2022
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Products & Services of Eltronic
Eltronic offers a comprehensive portfolio of products and services, including Production Systems, Automation Solutions, and Digitalization Services.
Develops systems to boost industrial productivity and sustainability.
Optimizes processes through digitalization for manufacturing sectors.
Provides tools for future-proof production and compliance in industries.
Funding Insights of Eltronic
Eltronic has successfully raised a total of $13.97M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $4.94 million completed in May 2018. 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 Eltronic
Eltronic has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Blue Equity.
| Investor | Description | Founded Year | Domain | Location |
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Blue Equity is engaged in partnership investments in Danish SMEs.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Eltronic
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Investments & Acquisitions by Eltronic
Investment portfolio details for Eltronic
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Financial Statements - Eltronic
Detailed financials for Eltronic
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Eltronic Comparisons
Peer comparison for Eltronic
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Competitors of Eltronic
Eltronic 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 ALLETE, Swedish Energy Agency, SUSI Partners, Natural Power and Dulas, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Utility power and water holding company
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The Swedish Energy Agency was established in 1998 in Eskilstuna.
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Solar and wind energy projects are financed through specialized services.
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Renewable energy projects are managed with analytical and engineering support.
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Renewable energy systems and medical refrigeration equipment are manufactured.
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Detailed competitors of Eltronic
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Latest news on Eltronic
Complete news archive for Eltronic
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Frequently Asked Questions about Eltronic
Eltronic was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Eltronic is headquartered in Hedensted, Denmark. It is registered at Hedensted, Central Denmark Region, Denmark.
Eltronic is a funded company, having raised a total of $13.97M across 3 funding rounds to date.
As of Oct 31, 2022, the latest employee count at Eltronic is 999.
Annual revenue of Eltronic is $239.11M as on Oct 31, 2022.
Eltronic was founded in 2000 in Hedensted, Denmark, by Lars Jensen. Services focused on planning and management for wind energy projects are delivered by the company within the renewable energy sector. Operations encompass project coordination, site assessments, and regulatory compliance support. The firm serves clients across Denmark and related European markets, with emphasis on sustainable wind power development.
Eltronic's top competitors include ALLETE, SUSI Partners and Natural Power.
Eltronic offers Production Systems, Automation Solutions, and Digitalization Services.
Eltronic has 2 investors. Key investors include European Union, and Blue Equity.
The valuation of Eltronic is $22.11M as of May 2018.