Fos4X

Munchen, Germany Founded: 2010 • Age: 16 yrs Acquired By PolyTech
Provider of IoT sensors
Annual revenue $7.7M Latest available
Total funding $12.5M 2 rounds
Employees 73 Tracked headcount
Investors 6 Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Polytech A/S
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
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
    Not available
  • 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.

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Primary

Systems to safeguard wind turbines from lightning strikes.

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Protection for wind turbine blade edges against erosion.

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Technology to monitor blade loads, vibration, and conditions.

Product name locked
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Equipment for safe transport and storage of wind components.

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Solutions for optimizing subsea wind turbine operations.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
High-tech industries are targeted for investments by Bayern Kapital.
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Investments are directed toward enterprise software, mobility, and industrial technologies.
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Early-stage investments are made in high-tech startups by HTGF.
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Investments & Acquisitions by Fos4X

Investments
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Investment portfolio details for Fos4X

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Financial Statements - Fos4X

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Fos4x Comparisons

Fos4X Primary company
Description
Provider of IoT sensors
Location
Munchen, Germany
Founded Year
2010
Annual Revenue
$7.73 M (USD)
Net Profit
-$2.44 M (USD)
EBITDA
Not available
Employees
73
As of 2020
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Peer comparison for Fos4X

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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.

Company Name Domain Founded year HQ Location Description
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Developer of solid-state LiDAR sensors and perception software for autonomous vehicles
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Wildfire detection and forest monitoring networks and platforms are developed.
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Drone data management and analysis solutions are provided for enterprises.
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Provider of sensor hardware and software infrastructure
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Developer of raw data fusion and perception software for automotive ADAS/AD
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Enterprise networking management solutions provider
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Detailed competitors of Fos4X

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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-International6 years ago
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Complete news archive for Fos4X

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Frequently Asked Questions about Fos4X

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

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

Fos4X is a funded company, having raised a total of $12.52M across 2 funding rounds to date.

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

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

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.

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

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

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

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