About Epiroc Group
Epiroc Group is a company based in Nacka (Sweden) founded in 1873.. Epiroc Group has completed 6 acquisitions, including ACB+, ASI Mining and RCT. Epiroc Group offers products and services including Drill Rigs and Digital Solutions.
- Headquarter Nacka, Sweden
- Stage Public
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Sectors
Natural Resources
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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 Epiroc Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$443.04 K (USD), Grant
May 01, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
ACB+
& 5 more
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Products & Services of Epiroc Group
Epiroc Group offers a comprehensive portfolio of products and services, including Drill Rigs 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.
Drill rigs are provided for extraction in mining operations.
Digital solutions are offered for automation and electrification in mining and infrastructure applications.
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Software Development Team
78 people
Product Management Team
28 people
Sales and Marketing
26 people
Regional Team
22 people
Leadership Team
19 people
Legal and Compliance
16 people
Global Team
12 people
Board Team
9 people
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Funding Insights of Epiroc Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $443,041
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First Round
First Round
(01 May 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Grant - Epiroc Group | 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 Epiroc Group
Epiroc Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Epiroc Group
Epiroc Group has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include ACB+, ASI Mining and RCT. 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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Provider of OEM agnostic autonomous mining solutions for surface mining operations
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2012 | ||||
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Radio communication network services are provided in Australia.
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2007 | ||||
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Embedded systems for geotechnical applications
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2002 |
| 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 - Epiroc Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Epiroc Group Comparisons
Competitors of Epiroc Group
| 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 Epiroc Group
When was Epiroc Group founded?
Epiroc Group was founded in 1873 and raised its 1st funding round 148 years after it was founded.
Where is Epiroc Group located?
Epiroc Group is headquartered in Nacka, Sweden. It is registered at Nacka, Stockholm County, Sweden.
What does Epiroc Group do?
Epiroc was founded in 1873 and is headquartered in Nacka, Sweden. Operations are centered on the production of equipment for the mining and infrastructure sectors. Machinery and tools are developed for rock drilling, excavation, loading, and construction tasks. Services extend to aftermarket support and digital solutions for productivity enhancement. Global reach is supported through manufacturing facilities and sales networks across multiple continents.
What products or services does Epiroc Group offer?
Epiroc Group offers Drill Rigs and Digital Solutions.
How many acquisitions has Epiroc Group made?
Epiroc Group has made 6 acquisitions, including ACB+, ASI Mining, and RCT.
Who are Epiroc Group's investors?
Epiroc Group has 1 investor. Key investors include European Union.
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