About Modern Engineering
Modern Engineering is a company based in Delta (Canada) founded in 1973. It operates as a Managed Services. Modern Engineering has completed 1 acquisition, including Efficient Engineering. Modern Engineering offers products and services including CNC Machining and Automation Systems.
- Headquarter Delta, Canada
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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
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Modern Engineering
Modern Engineering offers a comprehensive portfolio of products and services, including CNC Machining and Automation Systems. 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.
Precision components are engineered using advanced CNC technology.
Robotic automation systems are implemented for efficient production.
Funding Insights of Modern Engineering
| 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 |
Investments & Acquisitions by Modern Engineering
Modern Engineering has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Efficient Engineering. 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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Mining and mineral processing equipment is manufactured by Efficient Engineering.
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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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Modern Engineering
| 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 |
Modern Engineering Comparisons
Competitors of Modern Engineering
| 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 Modern Engineering
When was Modern Engineering founded?
Modern Engineering was founded in 1973.
Where is Modern Engineering located?
Modern Engineering is headquartered in Delta, Canada. It is registered at Delta, British Columbia, Canada.
What does Modern Engineering do?
Modern Engineering is established as a leader in CNC machining since 1973, based in Delta, Canada. The company is focused on delivering high-precision engineered components for industries such as aerospace, automotive, and medical. Advanced technologies, including AI-powered automation and robotic systems, are utilized to ensure efficiency and quality. Sustainable practices are integrated to reduce environmental impact, while ISO-certified quality management systems are maintained to meet industry standards. Customized solutions are provided, ranging from prototypes to large production runs, ensuring client specifications are met with reliability and expertise.
What products or services does Modern Engineering offer?
Modern Engineering offers CNC Machining and Automation Systems.
How many acquisitions has Modern Engineering made?
Modern Engineering has made 1 acquisition, including Efficient Engineering.