Gas Connect Austria

Vienna, Austria Founded: 2001 • Age: 25 yrs Acquired By VERBUND
Provider of pipeline maintenance services for oil and gas industry
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About Gas Connect Austria

Gas Connect Austria is a company based in Vienna (Austria) founded in 2001 was acquired by VERBUND in September 2020.. Gas Connect Austria offers products and services including Gas Transmission and Hydrogen Infrastructure.

  • Headquarter Vienna, Austria
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gas Connect Austria Gmbh
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $24.72 K (USD), Grant

    Apr 30, 2015

  • Investors
    VERBUND

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    VERBUND

    (Sep 23, 2020)

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Products & Services of Gas Connect Austria

Gas Connect Austria offers a comprehensive portfolio of products and services, including Gas Transmission and Hydrogen Infrastructure. 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

Transmission of natural gas through pipelines is handled to support distribution networks

Development of hydrogen networks is undertaken to facilitate sustainable energy projects

Funding Insights of Gas Connect Austria

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $24,722
  • First Round

    (30 Apr 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Grant - Gas Connect Austria 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 Gas Connect Austria

Gas Connect Austria has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include VERBUND and European Union. 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
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Independent hydropower production is operated in Austria and Bavaria.
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 Gas Connect Austria

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 - Gas Connect Austria

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

Gas Connect Austria Comparisons

Employees
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Competitors of Gas Connect Austria

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 Gas Connect Austria

Frequently Asked Questions about Gas Connect Austria

When was Gas Connect Austria founded?

Gas Connect Austria was founded in 2001 and raised its 1st funding round 14 years after it was founded.

Where is Gas Connect Austria located?

Gas Connect Austria is headquartered in Vienna, Austria.

What does Gas Connect Austria do?

Gas Connect Austria was established in 2001 and is headquartered in Vienna, Austria. Operations are centered on providing pipeline maintenance services within the oil and gas industry. Infrastructure integrity is ensured through specialized maintenance, inspection, and repair activities across Austrias gas transmission network. Services support the safe and efficient transport of natural gas, with a focus on regulatory compliance and technical reliability in the energy sector.

What products or services does Gas Connect Austria offer?

Gas Connect Austria offers Gas Transmission and Hydrogen Infrastructure.

Who are Gas Connect Austria's investors?

Gas Connect Austria has 2 investors. Key investors include VERBUND, and European Union.

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