Innovative Laser Technologies

Minneapolis, United States Founded: 1998 • Age: 28 yrs Acquired By IPG Photonics
High-power fiber lasers are manufactured for industrial use.
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About Innovative Laser Technologies

Innovative Laser Technologies was founded in 1998 in Minneapolis, United States. High-power fiber lasers are produced by the company within the industrial technology sector. Operations are centered on manufacturing processes for these lasers, which are utilized in various applications. The domain iltinc.com is maintained for online presence. Geographic focus remains in the United States, with activities based in Minneapolis.

  • Headquarter Minneapolis, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    IPG Photonics

    & 1 more

    (Jul 11, 2017)

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People of Innovative Laser Technologies
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Matt Barlage
Software Application Engineer
People
Tyler Kincaid
Electrical Engineer

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Teams

Funding Insights of Innovative Laser Technologies

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 Innovative Laser Technologies

Innovative Laser Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IPG Photonics and Generation Growth Capital. 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
Venture Fund
Investor Description Founded Year Domain Location
PE firm invests in the US
Founded Year Domain Location
High-performance fiber lasers and amplifiers are developed and manufactured.
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 Innovative Laser Technologies

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 - Innovative Laser Technologies

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

Innovative Laser Technologies Comparisons

Employees
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Competitors of Innovative Laser Technologies

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 Innovative Laser Technologies

Frequently Asked Questions about Innovative Laser Technologies

When was Innovative Laser Technologies founded?

Innovative Laser Technologies was founded in 1998.

Where is Innovative Laser Technologies located?

Innovative Laser Technologies is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

What does Innovative Laser Technologies do?

Innovative Laser Technologies was founded in 1998 in Minneapolis, United States. High-power fiber lasers are produced by the company within the industrial technology sector. Operations are centered on manufacturing processes for these lasers, which are utilized in various applications. The domain iltinc.com is maintained for online presence. Geographic focus remains in the United States, with activities based in Minneapolis.

Who are Innovative Laser Technologies's investors?

Innovative Laser Technologies has 2 investors. Key investors include IPG Photonics, and Generation Growth Capital.

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