About Essensium
Essensium is a company based in Leuven (Belgium) founded in 2005. Essensium has raised $7.14 million across 1 funding round. Essensium offers products and services including SafeTrack Vehicles, SafeTrack Pedestrians, PalletTrack, and Analytics. Essensium operates in a competitive market with competitors including GloNav, U-Nav, Techtotop, Etherwhere and BeSpoon, among others.
- Headquarter Leuven, Belgium
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Sectors
Technology
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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 Essensium
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$7.14 M (USD)
in 1 rounds
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Latest Funding Round
$7.14 M (USD), Series A
Feb 15, 2006
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Investors
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Employee Count
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Products & Services of Essensium
Essensium offers a comprehensive portfolio of products and services, including SafeTrack Vehicles, SafeTrack Pedestrians, PalletTrack, and Analytics.
Provides real-time vehicle tracking and collision avoidance in warehouses.
Enables AI-based detection of pedestrians for enhanced warehouse safety.
Tracks pallet flow to optimize warehouse efficiency and operations.
Offers data insights for improving warehouse productivity and safety measures.
People of Essensium
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Funding Insights of Essensium
Essensium has successfully raised a total of $7.14M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.14 million completed in February 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.
Investments & Acquisitions by Essensium
Investment portfolio details for Essensium
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Financial Statements - Essensium
Detailed financials for Essensium
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Essensium Comparisons
Peer comparison for Essensium
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Competitors of Essensium
Essensium 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 GloNav, U-Nav, Techtotop, Etherwhere and BeSpoon, among others.
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GPS and satellite navigation technologies are developed for mobile devices.
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GPS ICs and software solutions for location tracking are provided.
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Integrated chips for satellite navigation and positioning are developed.
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Low-power multi-GNSS IoT chips are provided for various applications.
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Provider of real time location system for smart industry
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Detailed competitors of Essensium
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Latest news on Essensium
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Frequently Asked Questions about Essensium
Essensium was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Essensium is headquartered in Leuven, Belgium. It is registered at Leuven, Flemish Brabant, Belgium.
Essensium is a funded company, having raised a total of $7.14M across 1 funding round to date.
Essensium was established in 2005 as a spin-off from the IMEC research center in Leuven, Belgium. As a fabless chip company, technologies for location-aware wireless sensor networks are supplied, integrating system-on-chip methods with LOST RTLS positioning. An embedded software unit offers consulting and services focused on Linux and open-source solutions for embedded systems, supporting deployments in sensor applications.
Essensium offers SafeTrack Vehicles, SafeTrack Pedestrians, PalletTrack, and Analytics.