About Exponential Technologies
Exponential Technologies is a company based in Latvia founded in 2019.. Exponential Technologies has completed 1 acquisition, including Paragon Innovations. Exponential Technologies offers products and services including xT SAAM and xT AMi. Exponential Technologies operates in a competitive market with competitors including PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Materials Nexus, among others.
- Headquarter Latvia
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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 Exponential Technologies Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$306.8 K (USD), Grant
Dec 21, 2023
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Investors
European Commission
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Exponential Technologies
Exponential Technologies offers a comprehensive portfolio of products and services, including xT SAAM and xT AMi. 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.
AI platform for accelerating research by reducing experiments and analyzing data.
Software for intelligent guidance in product development and data management.
Funding Insights of Exponential Technologies
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $306,802
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First Round
First Round
(01 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Grant - Exponential Technologies | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - Exponential Technologies | Valuation |
investors |
| 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 |
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Investors in Exponential Technologies
Exponential Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Commission and 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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Institution of the European Union responsible for upholding the EU treaties
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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 |
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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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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 Exponential Technologies
Exponential Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paragon Innovations. 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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End-to-end services are provided for engineering product development companies.
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OVO is recognized as a smart digital payment application.
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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 - Exponential Technologies
| 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 |
Exponential Technologies Comparisons
Competitors of Exponential Technologies
Exponential Technologies 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 PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Materials Nexus, 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 |
Quantum simulation systems are provided for materials and chemical reactions.
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Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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Quantum simulation software for chemical and pharmaceutical sectors is provided.
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| domain | founded_year | HQ Location |
Provides quantum algorithms for faster simulations in aerospace and defense sectors.
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| domain | founded_year | HQ Location |
AI-powered quantum simulation platform is developed for material discovery.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Exponential Technologies
Frequently Asked Questions about Exponential Technologies
When was Exponential Technologies founded?
Exponential Technologies was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Exponential Technologies located?
Exponential Technologies is headquartered in Latvia.
Who is the current CEO of Exponential Technologies?
Matthias Kaiser is the current CEO of Exponential Technologies.
What does Exponential Technologies do?
Exponential Technologies was founded in 2019 in Latvia as a provider of AI-based design software. Operations focus on tools such as xT smart_DoE, an AI tool for process identification in manufacturing, and xT edge, a cloud solution for integration. Services include a research management system and AI-driven design of experiments software. Applications span additive manufacturing, laser processing, and CNC across various industries.
Who are the top competitors of Exponential Technologies?
Exponential Technologies's top competitors include HQS Quantum Simulations, CuspAI and PASQAL.
What products or services does Exponential Technologies offer?
Exponential Technologies offers xT SAAM and xT AMi.
How many acquisitions has Exponential Technologies made?
Exponential Technologies has made 1 acquisition, including Paragon Innovations.
Who are Exponential Technologies's investors?
Exponential Technologies has 2 investors. Key investors include European Commission, and European Union.