About Key Technology
Key Technology is a company based in Walla Walla (United States) founded in 1948 was acquired by Duravant in January 2018.. Key Technology has completed 2 acquisitions, including Herbert Solutions and Visys. Key Technology offers products and services including Sorting Machines, Conveying Systems, and Data Analyzing Software.
- Headquarter Walla Walla, United States
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$139.91 M17as on Sep 30, 2017
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Net Profit
$4.03 M678as on Sep 30, 2017
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EBITDA
$7.05 M4802as on Sep 30, 2017
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Latest Funding Round
$4.02 M (USD), Grant
Jul 05, 2012
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Herbert Solutions
& 1 more
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Acquired by
Duravant
(Jan 25, 2018)
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Products & Services of Key Technology
Key Technology offers a comprehensive portfolio of products and services, including Sorting Machines, Conveying Systems, and Data Analyzing Software. 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.
Devices for automatically sorting food products by quality.
Systems for transporting food items in production lines.
Tools for monitoring and optimizing food processing operations.
Unlock access to complete
Funding Insights of Key Technology
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $4.0M
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First Round
First Round
(15 Sep 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Grant - Key Technology | Valuation |
investors |
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| Sep, 2009 | Amount | Grant - Key Technology | Valuation |
investors |
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| Sep, 2008 | Amount | Grant - Key Technology | 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 Key Technology
Key Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Duravant. 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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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Manufacturer of food processing, packaging, and material handling equipment
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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 Key Technology
Key Technology has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Herbert Solutions and Visys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Global food processing services are delivered internationally.
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2004 | ||||
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Crop handling equipment is supplied for agricultural operations worldwide.
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1972 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Key Technology
| 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 |
Key Technology Comparisons
Competitors of Key Technology
| 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 Key Technology
Frequently Asked Questions about Key Technology
When was Key Technology founded?
Key Technology was founded in 1948 and raised its 1st funding round 60 years after it was founded.
Where is Key Technology located?
Key Technology is headquartered in Walla Walla, United States. It is registered at Walla Walla, Washington, United States.
Who is the current CEO of Key Technology?
Mike Kachmer is the current CEO of Key Technology.
What is the annual revenue of Key Technology?
Annual revenue of Key Technology is $139.91M as on Sep 30, 2017.
What does Key Technology do?
Founded in 1948 in Walla Walla, United States, conveying, processing, and sorting solutions for the food sector are developed and manufactured. Integrated systems and turnkey installations are provided to support production across diverse applications. Lifecycle maintenance and replacement parts are offered as ongoing services. Operations focus on equipment used in various food handling processes.
What products or services does Key Technology offer?
Key Technology offers Sorting Machines, Conveying Systems, and Data Analyzing Software.
How many acquisitions has Key Technology made?
Key Technology has made 2 acquisitions, including Herbert Solutions, and Visys.