About Greenray Turbine Solutions
Greenray Turbine Solutions is a company based in Lincoln (United Kingdom) founded in 2017 was acquired by Flowserve in December 2025.. Greenray Turbine Solutions has raised $7.81 million across 1 funding round from investors including Flowserve. The company has 59 employees as of September 30, 2021. Greenray Turbine Solutions offers products and services including Gas Turbine Services and Spares Supply.
- Headquarter Lincoln, United Kingdom
- Employees 59 as on 30 Sep, 2021
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Greenray Turbine Solutions Limited
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Annual Revenue
$12.47 K (USD)21as on Sep 30, 2022
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Net Profit
$704.33 (USD)31as on Sep 30, 2022
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EBITDA
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Total Equity Funding
$7.81 M (USD)
in 1 rounds
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Latest Funding Round
$7.81 M (USD), Series A
Jan 16, 2020
- Investors
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Employee Count
59
as on Sep 30, 2021
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Acquired by
Flowserve
(Dec 17, 2025)
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Products & Services of Greenray Turbine Solutions
Greenray Turbine Solutions offers a comprehensive portfolio of products and services, including Gas Turbine Services and Spares Supply. 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.
Worldwide support for planned and unplanned outages is delivered by Greenray through field service engineers.
Spare parts for gas turbines are supplied by Greenray, with all aspects of component supply managed to meet operational requirements.
Funding Insights of Greenray Turbine Solutions
Greenray Turbine Solutions has successfully raised a total of $7.81M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.81 million completed in January 2020. 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 1
- Last Round Series A — $7.8M
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First Round
First Round
(16 Jan 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Greenray Turbine Solutions | Valuation |
investors |
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| 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 Greenray Turbine Solutions
Greenray Turbine Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Flowserve. 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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Pumps, valves, seals, and services are supplied to industrial sectors.
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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 Greenray Turbine Solutions
| 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 - Greenray Turbine Solutions
| 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 |
Greenray Turbine Solutions Comparisons
Competitors of Greenray Turbine Solutions
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Greenray Turbine Solutions
When was Greenray Turbine Solutions founded?
Greenray Turbine Solutions was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Greenray Turbine Solutions located?
Greenray Turbine Solutions is headquartered in Lincoln, United Kingdom.
Is Greenray Turbine Solutions a funded company?
Greenray Turbine Solutions is a funded company, having raised a total of $7.81M across 1 funding round to date. The company's 1st funding round was a Series A of $7.81M, raised on Jan 16, 2020.
How many employees does Greenray Turbine Solutions have?
As of Sep 30, 2021, the latest employee count at Greenray Turbine Solutions is 59.
What is the annual revenue of Greenray Turbine Solutions?
Annual revenue of Greenray Turbine Solutions is $12.47K as on Sep 30, 2022.
What does Greenray Turbine Solutions do?
Greenray Turbine Solutions was established in 2017 and is headquartered in Lincoln, United Kingdom. Turbine machinery products are produced, and related services are offered to support operations in the oil and gas industries. Focus is placed on manufacturing components essential for energy sector applications, with activities centered in the UK to serve regional and international clients in resource extraction and processing.
What products or services does Greenray Turbine Solutions offer?
Greenray Turbine Solutions offers Gas Turbine Services and Spares Supply.
Who are Greenray Turbine Solutions's investors?
Greenray Turbine Solutions has 1 investor. Key investors include Flowserve.