About Explicit
Explicit is a company based in Virum (Denmark) founded in 1998.. The company has 14 employees as of March 31, 2024. Explicit offers products and services including Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab. Explicit operates in a competitive market with competitors including STAX, Eniram, Smart Green Shipping, Ascenz and Yara Marine, among others.
- Headquarter Virum, Denmark
- Employees 14 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Explicit Aps
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Annual Revenue
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Net Profit
$857.59 K (USD)59as on Dec 31, 2022
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EBITDA
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Latest Funding Round
$101.61 K (USD), Grant
May 01, 2019
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Investors
European Union
& 1 more
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Employee Count
14
as on Mar 31, 2024
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Products & Services of Explicit
Explicit offers a comprehensive portfolio of products and services, including Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab. 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.
Quantifies greenhouse gas emissions using drones for energy sectors.
Assesses flare efficiency to reduce environmental impact.
Monitors vessel emissions for compliance in maritime industry.
Provides lab-based analysis of emissions data for accuracy.
Funding Insights of Explicit
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $101,605
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First Round
First Round
(01 Feb 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Grant - Explicit | Valuation |
investors |
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| Jul, 2015 | Amount | Grant - Explicit | Valuation |
investors |
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| Feb, 2015 | Amount | Grant - Explicit | 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 Explicit
Explicit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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 agency and accelerator focusing on innovative startups and SMEs
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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 Explicit
| 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 - Explicit
| 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 |
Explicit Comparisons
Competitors of Explicit
Explicit 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 STAX, Eniram, Smart Green Shipping, Ascenz and Yara Marine, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Emission control systems for maritime vessels are provided.
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| domain | founded_year | HQ Location |
Fuel saving system for maritime vessels
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| domain | founded_year | HQ Location |
Auxiliary sails for ship propulsion systems are developed.
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| domain | founded_year | HQ Location |
Fuel monitoring systems are supplied for the shipping sector.
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| domain | founded_year | HQ Location |
Emission control systems for the maritime sector are provided.
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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 Explicit
When was Explicit founded?
Explicit was founded in 1998 and raised its 1st funding round 17 years after it was founded.
Where is Explicit located?
Explicit is headquartered in Virum, Denmark.
Who is the current CEO of Explicit?
Jon Knudsen is the current CEO of Explicit.
How many employees does Explicit have?
As of Mar 31, 2024, the latest employee count at Explicit is 14.
What does Explicit do?
Explicit was founded in 1998 in Virum, Denmark, within the environmental monitoring sector. Solutions for maritime emissions surveillance are provided, focusing on microsensor technology and data systems for sea-based environmental mapping. Smart instruments and payloads are developed for UAVs and manned helicopters, alongside robust data infrastructures. These enable authorities to collect and analyze emissions data for enforcement purposes across maritime operations.
Who are the top competitors of Explicit?
Explicit's top competitors include Smart Green Shipping, STAX and Eniram.
What products or services does Explicit offer?
Explicit offers Drone Flux Measurement, Flare Efficiency Measurement, Maritime Solution, and E-Lab.
Who are Explicit's investors?
Explicit has 2 investors. Key investors include European Union, and EIC Fund.
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