About Hövding
Hövding is a company based in Malmo (Sweden) founded in 2005 was acquired by iSi Group in February 2024.. Hövding has raised $4.5 million across 3 funding rounds from investors including European Union, iSi Group and EIC Fund. Hövding operates in a competitive market with competitors including Lumos Helmet, Livall, Cosmo Connected, Altor and SHELLIOS, among others.
- Headquarter Malmo, Sweden
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Sectors
Industrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$1.7 M (USD), Grant
Mar 31, 2018
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Investors
European Union
& 4 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Hövding
Hövding has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.7 million completed in March 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 Funding
- Total Rounds 3
- Last Round Grant — $1.7M
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First Round
First Round
(13 May 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Grant - Hövding | Valuation |
investors |
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| Apr, 2016 | Amount | Grant - Hövding | Valuation |
investors |
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| May, 2014 | Amount | Series A - Hövding | Valuation |
investors |
| 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 Hövding
Hövding has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, iSi Group and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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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 Hövding
| 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 - Hövding
| 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 |
Hövding Comparisons
Competitors of Hövding
Hövding 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 Lumos Helmet, Livall, Cosmo Connected, Altor and SHELLIOS, 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 |
Bicycle helmets with integrated controls are manufactured by Lumos Helmet.
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| domain | founded_year | HQ Location |
Smart and safe cycling helmet
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| domain | founded_year | HQ Location |
Helmet accessory for improving visibility with a fall detection feature
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| domain | founded_year | HQ Location |
Bluetooth-integrated smart helmets
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| domain | founded_year | HQ Location |
Smart helmets with communications and filtration systems are manufactured.
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| 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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Latest news on Hövding
Frequently Asked Questions about Hövding
When was Hövding founded?
Hövding was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Hövding located?
Hövding is headquartered in Malmo, Sweden.
Is Hövding a funded company?
Hövding is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on May 13, 2014.
What does Hövding do?
Hövding was founded in 2005 in Malmö, Sweden, within the bicycle safety sector. Airbag collars are designed for wear around the neck, deploying a hood-shaped airbag upon detection of accident-related movements by embedded sensors. Compliance with safety standards is maintained, and removable shells enable customization. Operations focus on production and distribution from Sweden, with the domain hovding.com serving online activities.
Who are the top competitors of Hövding?
Hövding's top competitors include Lumos Helmet, Cosmo Connected and Altor.
Who are Hövding's investors?
Hövding has 5 investors. Key investors include European Union, iSi Group, EIC Fund, Indigo Partners, and Fosielund Holding.