About Fayteq
Fayteq is a company based in Erfurt (Germany) founded in 2011 was acquired by Facebook in August 2017.. Fayteq operates in a competitive market with competitors including Foundry, CyberLink, SideFX, 88 Pictures and MovieLabs, among others.
- Headquarter Erfurt, Germany
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Funding Insights of Fayteq
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series A - Fayteq | 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 Fayteq
Fayteq has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook and bm|t. 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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Venture capital and private equity investments are managed by bm|t.
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Founded Year | Domain | Location | |
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Online social networking and communication services are provided globally.
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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 Fayteq
| 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 - Fayteq
| 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 |
Fayteq Comparisons
Competitors of Fayteq
Fayteq 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 Foundry, CyberLink, SideFX, 88 Pictures and MovieLabs, 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 |
VFX and animation software is provided for entertainment industries.
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| domain | founded_year | HQ Location |
Post-production software solutions are provided for media industry editing.
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| domain | founded_year | HQ Location |
3D animation and VFX software provider
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| domain | founded_year | HQ Location |
Animation solutions are provided for media industry content production.
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| domain | founded_year | HQ Location |
Researches new technologies for film production, post-production, and digital distribution.
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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 Fayteq
When was Fayteq founded?
Fayteq was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Fayteq located?
Fayteq is headquartered in Erfurt, Germany. It is registered at Erfurt, Thuringen, Germany.
What does Fayteq do?
Fayteq was founded in 2011 in Erfurt, Germany, and operates in the video production sector. Tools for video editing and workflow improvement plugins are provided, focusing on object removal and virtual product placement. Solutions are offered for post-production and live broadcasting, including off-line and real-time video manipulation, editing, and digital content integration. Products such as Fayin, fayOut, and fayAd are available for video advertising marketing.
Who are the top competitors of Fayteq?
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