About FLAXRES
FLAXRES is a company based in Dresden (Germany) founded in 2017 by Michael Rudolf Heuschkel. It operates as a Product-as-a-Service, and Green Energy-as-a-Service. The company has 11 employees as of December 31, 2020. FLAXRES offers products and services including Photovoltaic Module Recycling. FLAXRES operates in a competitive market with competitors including ROSI Solar, TG Companies, RESOLAR, Etavolt and EcoSilico, among others.
- Headquarter Dresden, Germany
- Employees 11 as on 31 Dec, 2020
- Founders Michael Rudolf Heuschkel
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Sectors
Environment
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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 Flaxres Gmbh
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
11
as on Dec 31, 2020
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Products & Services of FLAXRES
FLAXRES offers a comprehensive portfolio of products and services, including Photovoltaic Module Recycling. 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.
Photovoltaic modules are recycled using innovative light-pulse technology.
Funding Insights of FLAXRES
- 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 |
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| Jan, 2024 | Amount | Seed - FLAXRES | Valuation | Hyundai Motor Company |
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| 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 FLAXRES
FLAXRES has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hyundai Motor Company. 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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Passenger vehicles including sedans, SUVs, and electric models are manufactured.
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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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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 FLAXRES
| 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 - FLAXRES
| 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 |
Flaxres Comparisons
Competitors of FLAXRES
FLAXRES 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 ROSI Solar, TG Companies, RESOLAR, Etavolt and EcoSilico, 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 |
High-value materials are recycled from photovoltaic waste.
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| domain | founded_year | HQ Location |
Provider of solutions for solar panel recycling
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| domain | founded_year | HQ Location |
Photovoltaic components are recycled into silicon, glass, and metal materials.
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| domain | founded_year | HQ Location |
Solar panel lifecycle management solutions are provided across all stages.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for waste disposal and recycling technology.
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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 Flaxres
Frequently Asked Questions about FLAXRES
When was FLAXRES founded?
FLAXRES was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is FLAXRES located?
FLAXRES is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
How many employees does FLAXRES have?
As of Dec 31, 2020, the latest employee count at FLAXRES is 11.
What does FLAXRES do?
Photovoltaic module recycling is revolutionized by FLAXRES through a unique technology based on high-intensity light pulses. Composite materials are separated into their main components with high quality, enabling their reintegration into the material cycle. The energy-efficient and chemical-free process is designed for global, on-demand deployment with mobile units. Focus is placed on sustainability within the renewable energy sector, addressing the growing issue of electronic waste. Economic circularity is promoted by avoiding downcycling practices like shredding.
Who are the top competitors of FLAXRES?
FLAXRES's top competitors include ROSI Solar, RESOLAR and TG Companies.
What products or services does FLAXRES offer?
FLAXRES offers Photovoltaic Module Recycling.
Who are FLAXRES's investors?
FLAXRES has 1 investor. Key investors include Hyundai Motor Company.