About IPG Genesis Systems
IPG Genesis Systems is a company based in Davenport (United States) founded in 1983 was acquired by FloWorks in September 2021. It operates as a Professional Services and Direct-to-Consumer (D2C). IPG Genesis Systems has raised $10.25 million across 1 funding round from investors including IPG Photonics, FloWorks and Southland Holdings. IPG Genesis Systems offers products and services including Laser Welding, Laser Ablation/Cleaning, and Hybrid Laser Arc Welding.
- Total Equity Funding$10.25M (USD)
in 1 rounds
- Latest Funding Round$10.25M (USD), Unspecified
Feb 2022
- InvestorsIPG Photonics
& 5 more
- Acquired by
Products & Services of IPG Genesis Systems
IPG Genesis Systems offers a comprehensive portfolio of products and services, including Laser Welding, Laser Ablation/Cleaning, and Hybrid Laser Arc Welding.
Laser welding solutions are provided for industrial applications.
Laser cleaning systems are offered for surface preparation.
Hybrid welding technology is delivered for heavy industries.
Apps and channels of IPG Genesis Systems
its YouTube channel IPG Photonics - Genesis Systems has 475 subscribers and 10 videos.
Videos from IPG Genesis Systems
The most watched videos on IPG Genesis Systems's YouTube channel, IPG Photonics - Genesis Systems (475 subscribers). Click a video to play it here.
More on IPG Photonics - Genesis Systems.
Funding Insights of IPG Genesis Systems
IPG Genesis Systems has successfully raised a total of $10.25M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $10.25 million completed in February 2022. 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 $10.25M
- Total Rounds 1
- Last Round Unspecified — $10.25M
- First Round $10.25M
(Feb 2022)
- Investors Count 4
All 1 funding rounds of IPG Genesis Systems 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 |
|---|---|---|---|---|---|
| Feb 2022 | $10.25M | Unspecified | – | Paresh Ghelani |
6 investors in total: 3 institutional and 3 angel.
Investors in IPG Genesis Systems
IPG Genesis Systems has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include IPG Photonics, FloWorks and Southland Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Infrastructure projects development services are provided by Southland Holdings. | 1900 | southlandholdings.com | Grapevine, United States | |
PG Paresh Ghelani | - | – | unknown_772d4ffc0cd74af9a | - |
JN Jordan Noone | Co-founder of Embedded Ventures, angel investor in deep tech and aerospace startups. | – | unknown_6fd7887e55524c4b9 | - |
NA Ned Allen | - | – | unknown_e2a5fd4d15d3426f9 | - |
High-performance fiber lasers and amplifiers are developed and manufactured. | 1990 | ipgphotonics.com | Boston, United States | |
Rotating and fluid handling equipment is provided by FloWorks. | 1974 | gofloworks.com | Pasadena, United States |
Investor details for IPG Genesis Systems
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 IPG Genesis Systems
6 people are tracked at IPG Genesis Systems (1 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Pat Pollock | CEO | Leadership |
Bradley Burton | Lead Robotics/automation Technician | Team |
Brian Bittner | Sales Account Manager | Team |
Gonzalo Pérez Covarrubias | Project Manager | Team |
Mike Brownson | Materials And Facilities Manager | Team |
Brian Danner | Materials Specialist | Team |
Complete people profiles for IPG Genesis Systems
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 IPG Genesis Systems
4 dated milestones of IPG Genesis Systems across 39 years, from founding to its latest funding, stage changes and deals.
- Founded IPG Genesis Systems is founded.
- Exit Acquired by IPG Photonics.
- Exit Acquired by FloWorks.
- Funding First funding round of $10.2M.
Web traffic of IPG Genesis Systems
Websites that share an audience with IPG Genesis Systems (genesis-systems.com).
Websites whose visitors overlap most with IPG Genesis Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| promessinc.com | 100% | 2.2K | #7,545,862 | View details |
Similar companies to IPG Genesis Systems
10 companies that operate in the same segment as IPG Genesis Systems (Contract & Outsourced Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | – | USD 27.91 B | 147,980 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Automotive components are manufactured and supplied to OEMs. | 1957 | Aurora, Ontario, Canada | – | USD 42.92 B | 170,000 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 22.67 M | USD 114.37 M | 618 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | – | USD 7.24 B | 7,290 | |
Smart hardware and vehicle electronics are manufactured on contract. | 2005 | Pudong, Shanghai, China | USD 431.15 M | USD 24.45 B | – | |
Clas Ohlson was founded in 1918 in Insjön, Sweden. | 1918 | Insjon, Dalarna, Sweden | – | USD 1.35 B | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | – | USD 400 M | 40,280 |
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Frequently Asked Questions about IPG Genesis Systems
IPG Genesis Systems was founded in 1983 and raised its 1st funding round 39 years after it was founded.
IPG Genesis Systems is headquartered in Davenport, United States. It is registered at Davenport, Iowa, United States.
Pat Pollock is the current CEO of IPG Genesis Systems.
IPG Genesis Systems is a funded company, having raised a total of $10.25M across 1 funding round to date. The company's 1st funding round was a Unspecified of $10.25M, raised on Feb 2022.
IPG Genesis Systems is involved in delivering advanced laser automation solutions for various industries. The company focuses on sectors such as e-mobility, aerospace, transportation, and general industry. Specialized services include laser welding, ablation, cleaning, and hybrid laser arc welding. Pre-engineered and custom-engineered systems are offered alongside automation tooling and fiber laser sources. Support and training are provided to ensure optimal integration and performance for clients.
IPG Genesis Systems offers Laser Welding, Laser Ablation/Cleaning, and Hybrid Laser Arc Welding.
IPG Genesis Systems has 6 investors. Key investors include IPG Photonics, FloWorks, Southland Holdings, Paresh Ghelani, and Jordan Noone.
IPG Genesis Systems operates through Ipg Photonics Corporation.
Yes. IPG Genesis Systems was acquired by FloWorks in September 2021.