About Fagor Automation
Fagor Automation is a company based in Arrasate (Spain) founded in 1960.. The company has 25 employees as of April 07, 2024. Fagor Automation offers products and services including CNC Systems, Feedback Systems, Fagor Digital Suite, and Technical Services. Fagor Automation operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.
- Headquarter Arrasate, Spain
- Employees 25 as on 07 Apr, 2024
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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 Fagor Control Systems Private Limited.
- Date of Incorporation 22 Feb, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.82 M (USD)25.43as on Mar 31, 2023
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Net Profit
$-43.38 K (USD)-148.34as on Mar 31, 2023
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EBITDA
$-122.49 K (USD)-60.63as on Mar 31, 2023
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Latest Funding Round
$352.68 K (USD), Grant
Sep 01, 2018
- Investors
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Employee Count
25
as on Apr 07, 2024
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Products & Services of Fagor Automation
Fagor Automation offers a comprehensive portfolio of products and services, including CNC Systems, Feedback Systems, Fagor Digital Suite, and Technical Services. 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.
Systems for controlling lathes and milling machines in manufacturing.
Technology for machine tools and other industries to ensure accuracy.
Platform for simplifying decision-making in industrial processes.
Services including training and warranty extensions for clients.
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Funding Insights of Fagor Automation
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $352,684
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First Round
First Round
(01 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Fagor Automation | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - Fagor Automation | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Fagor Automation | 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 Fagor Automation
Fagor Automation 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 Fagor Automation
| 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 - Fagor Automation
| 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 |
Fagor Automation Comparisons
Competitors of Fagor Automation
Fagor Automation 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, 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 |
Diversified electronics and automation equipment are manufactured and supplied.
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Manufacturer of Industrial and Consumer Electric Equipment
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Energy management and automation solutions are provided globally.
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Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
Automation and engineering services are provided for multiple industries.
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| domain | founded_year | HQ Location |
Industrial automation and information systems are provided to global industries.
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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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| domain | founded_year | HQ Location |
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 Fagor Automation
Frequently Asked Questions about Fagor Automation
When was Fagor Automation founded?
Fagor Automation was founded in 1960 and raised its 1st funding round 55 years after it was founded.
Where is Fagor Automation located?
Fagor Automation is headquartered in Arrasate, Spain. It is registered at Arrasate, Basque Autonomous Community, Spain.
How many employees does Fagor Automation have?
As of Apr 07, 2024, the latest employee count at Fagor Automation is 25.
What is the annual revenue of Fagor Automation?
Annual revenue of Fagor Automation is $1.82M as on Mar 31, 2023.
What does Fagor Automation do?
Fagor Automation was established in 1960 in Arrasate, Spain, within the manufacturing sector. Lathes, milling machines, and cutting equipment are produced as core offerings. Operations center on automation technologies for industrial applications, with a focus on precision machinery. The companys activities are based in Spain, serving global markets through its domain, fagorautomation.com. Services include development and supply of these machine tools for various industrial needs.
Who are the top competitors of Fagor Automation?
Fagor Automation's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.
What products or services does Fagor Automation offer?
Fagor Automation offers CNC Systems, Feedback Systems, Fagor Digital Suite, and Technical Services.
Who are Fagor Automation's investors?
Fagor Automation has 1 investor. Key investors include European Union.