Fos4X

Munchen, Germany Founded: 2010 • Age: 16 yrs Acquired By PolyTech
Provider of IoT sensors
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About Fos4X

Fos4X is a company based in Munchen (Germany) founded in 2010 was acquired by PolyTech in September 2020.. Fos4X has raised $12.52 million across 2 funding rounds from investors including Equinor, Polytech and Bayern Kapital. The company has 73 employees as of December 31, 2020. Fos4X offers products and services including Lightning Protection Systems, ELLE® Leading Edge Protection, SENACT® Blade Monitoring, Transport Equipment & Solutions, and Subsea Solutions. Fos4X operates in a competitive market with competitors including Innoviz, Dryad Networks, Clobotics, Whisker Labs and LeddarTech, among others.

  • Headquarter Munchen, Germany
  • Employees 73 as on 31 Dec, 2020
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Polytech A/S
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Internet of Things (IoT) & Connectivity
Technology → Quantum & Emerging Technologies
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $7.73 M (USD)
    31
    as on Dec 31, 2019
  • Net Profit
    $-2.44 M (USD)
    13
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $12.52 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jun 15, 2018

  • Investors
    Equinor

    & 5 more

  • Employee Count
    73

    as on Dec 31, 2020

  • Acquired by
    PolyTech

    (Sep 08, 2020)

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Products & Services of Fos4X

Fos4X offers a comprehensive portfolio of products and services, including Lightning Protection Systems, ELLE® Leading Edge Protection, SENACT® Blade Monitoring, Transport Equipment & Solutions, and Subsea Solutions. 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.

Primary

Systems to safeguard wind turbines from lightning strikes.

Protection for wind turbine blade edges against erosion.

Technology to monitor blade loads, vibration, and conditions.

Equipment for safe transport and storage of wind components.

Solutions for optimizing subsea wind turbine operations.

Services for validating wind turbine materials and systems.

Funding Insights of Fos4X

Fos4X has successfully raised a total of $12.52M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series B — $10.0M
  • First Round

    (26 Mar 2015)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series B - Fos4X Valuation Equinor
Mar, 2015 Amount Series B - Fos4X Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fos4X

Fos4X has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Equinor, Polytech and Bayern Kapital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
High-tech industries are targeted for investments by Bayern Kapital.
Founded Year Domain Location
Investments are directed toward enterprise software, mobility, and industrial technologies.
Founded Year Domain Location
Early-stage investments are made in high-tech startups by HTGF.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fos4X

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fos4X

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fos4x Comparisons

Employees
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Competitors of Fos4X

Fos4X 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 Innoviz, Dryad Networks, Clobotics, Whisker Labs and LeddarTech, 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
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles
domain founded_year HQ Location
Wildfire detection and forest monitoring networks and platforms are developed.
domain founded_year HQ Location
Drone data management and analysis solutions are provided for enterprises.
domain founded_year HQ Location
Provider of sensor hardware and software infrastructure
domain founded_year HQ Location
Developer of raw data fusion and perception software for automotive ADAS/AD
domain founded_year HQ Location
Enterprise networking management solutions provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fos4x

Management change at fos4X
Windtech-International5 years ago
GP-backed PolyTech bolts-on Fos4x
Unquote5 years ago
Alexander Michel strengthens the management of fos4X
Windtech-International5 years ago

Frequently Asked Questions about Fos4X

When was Fos4X founded?

Fos4X was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Where is Fos4X located?

Fos4X is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Is Fos4X a funded company?

Fos4X is a funded company, having raised a total of $12.52M across 2 funding rounds to date. The company's 1st funding round was a Series B of $2.52M, raised on Mar 26, 2015.

How many employees does Fos4X have?

As of Dec 31, 2020, the latest employee count at Fos4X is 73.

What is the annual revenue of Fos4X?

Annual revenue of Fos4X is $7.73M as on Dec 31, 2019.

What does Fos4X do?

Fos4X was established in 2010 in Munich, Germany, as a provider of fiber optic sensors tailored for industrial use. Real-time algorithms and dynamic signal processing are utilized in these sensors to deliver continuous insights. EMC-insensitive measurements are enabled in challenging industrial settings, supporting applications that require reliable monitoring without electromagnetic interference. Operations focus on sensor technology integration for various sectors.

Who are the top competitors of Fos4X?

Fos4X's top competitors include Innoviz, Whisker Labs and Dryad Networks.

What products or services does Fos4X offer?

Fos4X offers Lightning Protection Systems, ELLE® Leading Edge Protection, SENACT® Blade Monitoring, Transport Equipment & Solutions, and 2 more products and services.

Who are Fos4X's investors?

Fos4X has 6 investors. Key investors include Equinor, Polytech, Bayern Kapital, UVC Partners, and High-Tech Gründerfonds.

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