About IKOR
IKOR is a Technology company based in San Sebastian (Spain) founded in 1981 by Jesus Inurrita and Miguel Angel Sierra, and was acquired by Connect Group in April 2021. Provider of electronic manufacturing services. Its chief executive, as recorded, is Fabian Bilbao. IKOR offers products and services including PCB Assembly, Cable Assembly, Module Building, and Technology Center. Its focus areas include Semiconductors and Electronic Manufacturing Services.
Company details
IKOR provider of electronic manufacturing services, focusing on semiconductors, and electronic manufacturing services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters San Sebastian, Spain
- Founders Jesus Inurrita, Miguel Angel Sierra
- Stage Acquired
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ikor.es
- Social LinkedIn X Facebook
- Acquired by Connect Group (Apr 2021)
- Latest Funding Round$481.24K (USD), Grant
Jan 2021
- InvestorsEuropean Union
& 2 more
- Acquired by
Products & Services of IKOR
IKOR offers a comprehensive portfolio of products and services, including PCB Assembly, Cable Assembly, Module Building, and Technology Center.
Service for assembling printed circuit boards reliably.
Assembly of cables and wiring harnesses for various applications.
Integration of cables, electronics, and mechanics into modules.
Center providing expertise in electronics manufacturing processes.
Funding Insights of IKOR
- Total Rounds 1
- Last Round Grant β $481,242
- First Round $481,242
(Jan 2021)
- Investors Count 1
All 1 funding rounds of IKOR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $481,242 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in IKOR
IKOR has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, Connect Group and ebm-papst.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
ebm-papst is recognized as a leader in energy-saving fan technology. | 1963 | ebmpapst.com | Farmington, United States | |
Connect Group is engaged in Electronics Manufacturing Services (EMS). | 1987 | connectgroup.com | Kampenhout, Belgium |
Investor details for IKOR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of IKOR
10 people are tracked at IKOR (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Jesus Inurrita | Founder | Leadership |
Miguel Angel Sierra | Founder | Leadership |
Fabian Bilbao | CEO | Leadership |
Iñigo Acuña Lazkoz | Group CFO | Leadership |
Miguel Angel Sierra Valle | CEO | Leadership |
Cristina Rivas | Controller Financiero | Team |
Victor Cornejo | Finance Manager | Team |
Luis Maria Vicario Iñurritegui | Strategic Purchaser | Team |
Hugo Sánchez Ortega | Manager IT | Team |
Adrian Benjamín Jiménez Partida | IT Manager | Team |
Complete people profiles for IKOR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of IKOR
4 dated milestones of IKOR across 40 years, from founding to its latest funding, stage changes and deals.
- Founded IKOR is founded.
- Exit Acquired by ebm-papst.
- Funding First funding round of $481K.
- Exit Acquired by Connect Group.
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Related news about Ikor
Complete news archive for IKOR
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- Full article archive
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Frequently Asked Questions about IKOR
IKOR was founded in 1981 and raised its 1st funding round 40 years after it was founded.
IKOR is headquartered in San Sebastian, Spain.
Fabian Bilbao is the CEO of IKOR, as recorded in our data.
IKOR provider of electronic manufacturing services, focusing on semiconductors, and electronic manufacturing services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
IKOR offers PCB Assembly, Cable Assembly, Module Building, and Technology Center.
IKOR has 3 investors. Key investors include European Union, Connect Group, and ebm-papst.
Yes. IKOR was acquired by Connect Group in April 2021.

