About LU-VE Group
LU-VE Group is a company based in Varese (Italy) founded in 1994.. LU-VE Group has raised $1.75 million across 1 funding round from investors including First Capital. The company has 30 employees as of February 29, 2024. LU-VE Group has completed 2 acquisitions, including Refrion and Wanbao.
- Headquarter Varese, Italy
- Employees 30 as on 29 Feb, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.75 M (USD)
in 1 rounds
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Latest Funding Round
$1.75 M (USD), Private Equity Round
Jul 01, 2013
- Investors
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Employee Count
30
as on Feb 29, 2024
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Investments & Acquisitions
Refrion
& 1 more
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Funding Insights of LU-VE Group
LU-VE Group has successfully raised a total of $1.75M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $1.75 million completed in July 2013. 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 Funding
- Total Rounds 1
- Last Round Private Equity Round — $1.8M
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First Round
First Round
(01 Jul 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Private Equity Round - LU-VE Group | 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 LU-VE Group
LU-VE Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include First 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Public and private equity investments in Italian SMEs are managed.
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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 LU-VE Group
LU-VE Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Refrion and Wanbao. 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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DC motors are designed and manufactured by Refrion.
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2002 | ||||
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Household refrigeration compressors are manufactured by Wanbao in Italy.
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1968 |
| 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 - LU-VE Group
| 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 |
Lu-Ve Group Comparisons
Competitors of LU-VE Group
| 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 Lu-Ve Group
Frequently Asked Questions about LU-VE Group
When was LU-VE Group founded?
LU-VE Group was founded in 1994 and raised its 1st funding round 19 years after it was founded.
Where is LU-VE Group located?
LU-VE Group is headquartered in Varese, Italy. It is registered at Varese, Lombardy, Italy.
Is LU-VE Group a funded company?
LU-VE Group is a funded company, having raised a total of $1.75M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $1.75M, raised on Jul 01, 2013.
How many employees does LU-VE Group have?
As of Feb 29, 2024, the latest employee count at LU-VE Group is 30.
What does LU-VE Group do?
LU-VE Group was established in 1994 in Varese, Italy, within the manufacturing sector. Heat exchangers designed for refrigeration and air conditioning systems are produced by the company. Operations encompass the development and supply of components for industrial and commercial applications. The firms activities are centered in Italy, with a domain of luvegroup.com supporting its global outreach in the thermal exchange industry.
How many acquisitions has LU-VE Group made?
Who are LU-VE Group's investors?
LU-VE Group has 1 investor. Key investors include First Capital.