About Fracktal Works
Fracktal Works is a company based in Udupi (India) founded in 2013 by Chandru Choithram Bolaki and Vijay Raghav Varada.. Fracktal Works has raised $3.32 million across 4 funding rounds from investors including Hyderabad Angels, MUTBI and Neoteric. The company has 20 employees as of March 27, 2024. Fracktal Works offers products and services including Snowflake Series, Julia Pro Series, Volterra Series, and 3D Printing Services. Fracktal Works operates in a competitive market with competitors including BCN3D, Rapid Liquid Print, UpNano, Creality 3D and WASP, among others.
- Headquarter Udupi, India
- Employees 20 as on 27 Mar, 2024
- Founders Chandru Choithram Bolaki, Vijay Raghav Varada
- Stage Minicorn
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Sectors
Technology
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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 Fracktal Works Pvt. Ltd
- Date of Incorporation 12 Jul, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$311.54 K (USD)27.74as on Mar 31, 2023
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Net Profit
$-17.58 K (USD)-319.49as on Mar 31, 2023
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EBITDA
$-28.7 K (USD)-293.75as on Mar 31, 2023
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Total Equity Funding
$3.32 M (USD)
in 4 rounds
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Latest Funding Round
$145.94 K (USD), Seed
Nov 09, 2017
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Investors
Hyderabad Angels
& 15 more
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Employee Count
20
as on Mar 27, 2024
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Products & Services of Fracktal Works
Fracktal Works offers a comprehensive portfolio of products and services, including Snowflake Series, Julia Pro Series, Volterra Series, and 3D Printing Services. 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.
Compact printers for desktop prototyping and home use.
Advanced printers for industrial prototyping applications.
High-strength printers for manufacturing end-use parts.
Custom 3D printing for rapid prototyping needs.
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Funding Insights of Fracktal Works
Fracktal Works has successfully raised a total of $3.32M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $145.94 thousand completed in November 2017. 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 Funding
- Total Rounds 4
- Last Round Seed — $145,938
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Fracktal Works | Valuation | Srinivasan Namala | |
| Jul, 2016 | Amount | Seed - Fracktal Works | Valuation | BetOnIndia , Neoteric | |
| Jun, 2015 | Amount | Seed - Fracktal Works | Valuation | Neoteric |
| 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 Fracktal Works
Fracktal Works has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Hyderabad Angels, MUTBI and Neoteric. 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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Angel network investing in early-stage companies
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Founded Year | Domain | Location | |
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Technology fund investing in Indian-relevant hardware and services while supporting social initiatives.
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Founded Year | Domain | Location | |
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Incubation and support services for technology and innovation startups in India.
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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 Fracktal Works
| 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 - Fracktal Works
| 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 |
Fracktal Works Comparisons
Competitors of Fracktal Works
Fracktal Works 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 BCN3D, Rapid Liquid Print, UpNano, Creality 3D and WASP, 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 |
Desktop 3D printers and preparation software are manufactured by BCN3D.
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| domain | founded_year | HQ Location |
Produces high-quality 3D printers for industrial and professional applications.
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| domain | founded_year | HQ Location |
Manuafcturer of desktop 3D printers
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| domain | founded_year | HQ Location |
Diversified 3D printers and materials are manufactured by Creality 3D.
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| domain | founded_year | HQ Location |
Industrial 3D printers, filaments, and extruders are designed and developed.
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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 Fracktal Works
Frequently Asked Questions about Fracktal Works
When was Fracktal Works founded?
Fracktal Works was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Fracktal Works located?
Fracktal Works is headquartered in Udupi, India. It is registered at Udupi, Karnataka, India.
Who is the current CEO of Fracktal Works?
Vijay Raghav Varada is the current CEO of Fracktal Works. They have also founded this company.
Is Fracktal Works a funded company?
Fracktal Works is a funded company, having raised a total of $3.32M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 31, 2015.
How many employees does Fracktal Works have?
As of Mar 27, 2024, the latest employee count at Fracktal Works is 20.
What is the annual revenue of Fracktal Works?
Annual revenue of Fracktal Works is $311.54K as on Mar 31, 2023.
What does Fracktal Works do?
Fracktal Works was founded in 2013 in Udupi, India, focusing on the 3D printing sector. Desktop and industrial 3D printers utilizing technologies such as FFF, SLA, and IDEX are produced. Services encompass design assistance and part manufacturing through methods including FDM, SLS, HP MJF, SLA, and vacuum casting. Industries served include automotive, jewelry, manufacturing, dental, entertainment, medical, education, and engineering. Printer support and maintenance are also provided.
Who are the top competitors of Fracktal Works?
Fracktal Works's top competitors include BCN3D, Creality 3D and UpNano.
What products or services does Fracktal Works offer?
Fracktal Works offers Snowflake Series, Julia Pro Series, Volterra Series, and 3D Printing Services.
Who are Fracktal Works's investors?
Fracktal Works has 16 investors. Key investors include Hyderabad Angels, MUTBI, Neoteric, BetOnIndia, and Srinivasan Namala.
What is Fracktal Works's valuation?
The valuation of Fracktal Works is $1.07M as of Nov 2017.
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