About ENGEL
ENGEL is a company based in York (United States) founded in 1945 by Ludwig Engel. It operates as a Direct-to-Consumer (D2C), and Managed Services. ENGEL has completed 1 acquisition, including TIG MES. ENGEL offers products and services including Injection Moulding Machines, Automation Solutions, and Digital Solutions.
- Headquarter York, United States
- Founders Ludwig Engel
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Engel Austria Gmbh
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Products & Services of ENGEL
ENGEL offers a comprehensive portfolio of products and services, including Injection Moulding Machines, Automation Solutions, and Digital Solutions. 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.
Machines for producing plastic components are provided by ENGEL.
Automation systems for injection moulding are offered by ENGEL.
Digital tools for manufacturing processes are developed by ENGEL.
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Funding Insights of ENGEL
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $464,950
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First Round
First Round
(25 Nov 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - ENGEL | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - ENGEL | 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 ENGEL
ENGEL has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BAFA and Portál veřejné správy. 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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A digital platform for public administration services in Czech Republic.
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Founded Year | Domain | Location | |
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Business and energy news is delivered via an online platform.
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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 ENGEL
ENGEL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TIG MES. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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MES software solutions are offered to manufacturing sectors.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ENGEL
| 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 |
Engel Comparisons
Competitors of ENGEL
| 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 ENGEL
When was ENGEL founded?
ENGEL was founded in 1945 and raised its 1st funding round 76 years after it was founded.
Where is ENGEL located?
ENGEL is headquartered in York, United States. It is registered at York, Pennsylvania, United States.
What does ENGEL do?
Comprehensive injection moulding solutions are offered by ENGEL, focusing on industries such as automotive, packaging, electronics, medical technology, and technical moulding. Advanced machinery, automation, and digital solutions are developed to enhance manufacturing processes. Sustainability and circular economy principles are integrated into operations. Services including maintenance, training, and process optimization are also provided to support clients worldwide.
What products or services does ENGEL offer?
ENGEL offers Injection Moulding Machines, Automation Solutions, and Digital Solutions.
How many acquisitions has ENGEL made?
ENGEL has made 1 acquisition, including TIG MES.
Who are ENGEL's investors?
ENGEL has 2 investors. Key investors include BAFA, and Portál veřejné správy.