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
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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
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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $7.1M
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First Round
First Round
(15 Feb 2006)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2006 | Amount | Series A - Essensium | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Essensium
| 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 - Essensium
| 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 |
Essensium Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
GPS and satellite navigation technologies are developed for mobile devices.
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| domain | founded_year | HQ Location |
GPS ICs and software solutions for location tracking are provided.
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| domain | founded_year | HQ Location |
Integrated chips for satellite navigation and positioning are developed.
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| domain | founded_year | HQ Location |
Low-power multi-GNSS IoT chips are provided for various applications.
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| domain | founded_year | HQ Location |
Provider of real time location system for smart industry
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| 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 Essensium
When was Essensium founded?
Essensium was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is Essensium located?
Essensium is headquartered in Leuven, Belgium. It is registered at Leuven, Flemish Brabant, Belgium.
Is Essensium a funded company?
Essensium is a funded company, having raised a total of $7.14M across 1 funding round to date. The company's 1st funding round was a Series A of $7.14M, raised on Feb 15, 2006.
What does Essensium do?
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.
Who are the top competitors of Essensium?
What products or services does Essensium offer?
Essensium offers SafeTrack Vehicles, SafeTrack Pedestrians, PalletTrack, and Analytics.