LCV

Opglabbeek, Belgium Founded: 2015 • Age: 11 yrs Acquired By SKF
3D printing services are provided for various applications in Belgium.
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About LCV

LCV is a company based in Opglabbeek (Belgium) founded in 2015 was acquired by SKF in January 2022.. LCV has raised $957.49 thousand across 1 funding round from investors including SKF, AAA Fund and LRM. LCV offers products and services including Laser Cladding Services and Repair Services.

  • Headquarter Opglabbeek, Belgium
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Laser Cladding Venture
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $957.49 K (USD)

    in 1 rounds

  • Latest Funding Round
    $957.49 K (USD), Seed

    Oct 23, 2015

  • Investors
    SKF

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    SKF

    (Jan 10, 2022)

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Products & Services of LCV

LCV offers a comprehensive portfolio of products and services, including Laser Cladding Services and Repair Services. 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.

Primary

Laser cladding is utilized for providing harder coatings and better wear resistance in industrial contexts.

Repair services are delivered through laser cladding technology for components affected by wear and corrosion.

Funding Insights of LCV

LCV has successfully raised a total of $957.49K through 1 strategic funding round. The most recent funding activity was a Seed round of $957.49 thousand completed in October 2015. 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 Rounds 1
  • Last Round Seed — $957,491
  • First Round

    (23 Oct 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Seed - LCV Valuation

investors

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 LCV

LCV has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SKF, AAA Fund and LRM. 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
A private equity fund focused on co-investments is managed.
Founded Year Domain Location
LRM is engaged in providing risk capital and smart money to businesses in Limburg.
Founded Year Domain Location
Manufacturer of bearings and seals
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 LCV

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 - LCV

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

Lcv Comparisons

Employees
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Competitors of LCV

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 Lcv

Frequently Asked Questions about LCV

When was LCV founded?

LCV was founded in 2015.

Where is LCV located?

LCV is headquartered in Opglabbeek, Belgium. It is registered at Opglabbeek, Limburg, Belgium.

Is LCV a funded company?

LCV is a funded company, having raised a total of $957.49K across 1 funding round to date. The company's 1st funding round was a Seed of $957.49K, raised on Oct 23, 2015.

What does LCV do?

LCV was established in 2015 and is headquartered in Opglabbeek, Belgium. Operations center on the additive manufacturing sector, where 3D printing services are delivered to support prototyping and production needs. Expertise is applied in materials handling and design optimization, with a focus on industrial clients across Europe. The companys domain, lcv.be, facilitates access to service details and project inquiries. Geographic emphasis remains on Belgian markets while extending capabilities regionally.

What products or services does LCV offer?

LCV offers Laser Cladding Services and Repair Services.

Who are LCV's investors?

LCV has 3 investors. Key investors include SKF, AAA Fund, and LRM.

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