About Miljobil Grenland
Miljobil Grenland is a company based in Porsgrunn (Norway) founded in 1997 was acquired by Electrovaya in September 2012.. Miljobil Grenland has raised $1.47 million across 1 funding round from investors including Electrovaya and Tata. Miljobil Grenland operates in a competitive market with competitors including A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others.
- Headquarter Porsgrunn, Norway
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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
$1.47 M (USD)
in 1 rounds
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Latest Funding Round
$1.47 M (USD), Private Equity Round
Oct 14, 2008
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Investors
Electrovaya
& 1 more
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Employee Count
Employee Count
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Acquired by
Electrovaya
(Sep 05, 2012)
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Funding Insights of Miljobil Grenland
Miljobil Grenland has successfully raised a total of $1.47M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $1.47 million completed in October 2008. 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 — $1.5M
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First Round
First Round
(14 Oct 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2008 | Amount | Private Equity Round - Miljobil Grenland | 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 Miljobil Grenland
Miljobil Grenland has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Electrovaya and Tata. 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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Multiple industries are operated in by the diversified Tata conglomerate.
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Founded Year | Domain | Location | |
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Lithium-ion batteries and management systems are manufactured for key industries.
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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 Miljobil Grenland
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - Miljobil Grenland
| 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 |
Miljobil Grenland Comparisons
Competitors of Miljobil Grenland
Miljobil Grenland operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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| domain | founded_year | HQ Location |
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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| domain | founded_year | HQ Location |
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| domain | founded_year | HQ Location |
Comprehensive solutions for electric vehicles and energy storage are provided.
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| 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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Frequently Asked Questions about Miljobil Grenland
When was Miljobil Grenland founded?
Miljobil Grenland was founded in 1997 and raised its 1st funding round 11 years after it was founded.
Where is Miljobil Grenland located?
Miljobil Grenland is headquartered in Porsgrunn, Norway. It is registered at Porsgrunn, Vestfold Og Telemark, Norway.
Is Miljobil Grenland a funded company?
Miljobil Grenland is a funded company, having raised a total of $1.47M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $1.47M, raised on Oct 14, 2008.
What does Miljobil Grenland do?
Miljobil Grenland was established in 1997 in Porsgrunn, Norway, within the energy and automotive sectors. Focus was placed on developing energy storage solutions, electric vehicles, and proprietary Li-ion battery systems tailored for automotive applications. Operations centered on advancing battery technology for industrial use. The domain miljobil.no has been redirected to Bridge IT Solutions, a provider of enterprise IT services.
Who are the top competitors of Miljobil Grenland?
Miljobil Grenland's top competitors include Lohum, StoreDot and Contemporary Amperex Technology.
Who are Miljobil Grenland's investors?
Miljobil Grenland has 2 investors. Key investors include Electrovaya, and Tata.