About Fanox
Fanox is a company based in Derio (Spain) founded in 1992 was acquired by Wabtec Corporation in November 2024.. Fanox offers products and services including SIL-A Feeder Protection Relays, SIL-C Feeder Protection Relays, and SIA-F OC & EF Feeder Protection Relay. Fanox operates in a competitive market with competitors including Atom Power, Blixt, Trayer, SCiBreak and Athena Power, among others.
- Headquarter Derio, Spain
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Sectors
Energy & Utilities
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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 Fanox Electronic, S.L.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Wabtec
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Fanox
Fanox offers a comprehensive portfolio of products and services, including SIL-A Feeder Protection Relays, SIL-C Feeder Protection Relays, and SIA-F OC & EF Feeder Protection Relay. 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 overcurrent and earth fault protection for MV switchgear
Offers current and voltage protection for industrial applications
Delivers cost-effective overcurrent and earth-fault solutions
Funding Insights of Fanox
| 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 |
Investors in Fanox
Fanox has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Wabtec and ABE CAPITAL PARTNERS. 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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Manages private equity funds for small and medium enterprises in the Basque Country.
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Rail and industrial equipment with digital solutions are provided globally.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Fanox
| 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 - Fanox
| 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 |
Fanox Comparisons
Competitors of Fanox
Fanox 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 Atom Power, Blixt, Trayer, SCiBreak and Athena Power, 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 |
Solid-state switching technology is developed for power distribution products.
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Solid-state circuit breakers are developed for grid management applications.
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| domain | founded_year | HQ Location |
SCADA-based switchgears for distribution automation are manufactured by Trayer.
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| domain | founded_year | HQ Location |
Ultra-fast circuit breakers are provided for fault current detection.
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| domain | founded_year | HQ Location |
Underground electrical lines are monitored wirelessly by Athena Power.
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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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| 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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Latest news on Fanox
Frequently Asked Questions about Fanox
When was Fanox founded?
Fanox was founded in 1992.
Where is Fanox located?
Fanox is headquartered in Derio, Spain. It is registered at Derio, Pais Vasco, Spain.
What does Fanox do?
Fanox manufactures self-powered overcurrent and earth fault protection relays for line and feeder protection in the smart grid. The relay devices are offered with software to control individual devices and has remote communication capabilities. The relay switches are offered for overcurrent self-powered protection, line protection, voltage protection, recloser control, feeder generator protection. Offers a communication software which can be used for measurement of readings, fault report visualization, input-output configuration, and timeline synchronization. Also provides communication protocol gateways, redundancy devices, data concentrators, and protection devices for transformers.
Who are the top competitors of Fanox?
Fanox's top competitors include Atom Power, Blixt and Trayer.
What products or services does Fanox offer?
Fanox offers SIL-A Feeder Protection Relays, SIL-C Feeder Protection Relays, and SIA-F OC & EF Feeder Protection Relay.
Who are Fanox's investors?
Fanox has 2 investors. Key investors include Wabtec, and ABE CAPITAL PARTNERS.