About Momentum Technologies
Momentum Technologies is a company based in Dallas (United States) founded in 2016. It operates as a Green Energy-as-a-Service. Momentum Technologies has raised $20.1 million across 2 funding rounds from investors including TechMet, Freestone Ventures and Halliburton Labs. Momentum Technologies offers products and services including MSX Technology Systems. Momentum Technologies operates in a competitive market with competitors including ERI, Wisetek, Eco Recycling, PROSHRED and Regenx, among others.
- Headquarter Dallas, United States
-
Sectors
Environment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Momentum Technologies Inc Private Limited
- Date of Incorporation 27 Apr, 2000
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$4.13 M (USD)-8.11as on Mar 31, 2023
-
Net Profit
$48.04 K (USD)4.09as on Mar 31, 2023
-
EBITDA
$113.84 K (USD)44.77as on Mar 31, 2023
-
Total Equity Funding
$20.1 M (USD)
in 2 rounds
-
Latest Funding Round
$20 M (USD), Series B
Dec 16, 2021
-
Investors
TechMet
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Momentum Technologies
Momentum Technologies offers a comprehensive portfolio of products and services, including MSX Technology 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.
Technology for recovering high-purity critical minerals efficiently.
Unlock access to complete
Funding Insights of Momentum Technologies
Momentum Technologies has successfully raised a total of $20.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 2021. 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 2
- Last Round Series B — $20.0M
-
First Round
First Round
(09 Feb 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Momentum Technologies | Valuation | TechMet , Freestone Ventures |
|
| Feb, 2021 | Amount | Seed - Momentum Technologies | Valuation | Halliburton Labs |
|
| 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 Momentum Technologies
Momentum Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TechMet, Freestone Ventures and Halliburton Labs. 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 |
|---|---|---|---|---|
|
Critical minerals investments are directed by TechMet across value chains.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Engineering consulting, mechanical testing, and manufacturing setup services are provided.
|
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 Momentum Technologies
| 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 - Momentum Technologies
| 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 |
Momentum Technologies Comparisons
Competitors of Momentum Technologies
Momentum Technologies 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 ERI, Wisetek, Eco Recycling, PROSHRED and Regenx, 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 |
E-waste recycling and asset disposition services are provided globally.
|
|
| domain | founded_year | HQ Location |
E-waste recycling and remanufacturing services are provided worldwide.
|
|
| domain | founded_year | HQ Location |
E-waste recycling and reverse logistics services are provided.
|
|
| domain | founded_year | HQ Location |
Secure document shredding and recycling services are provided nationwide.
|
|
| domain | founded_year | HQ Location |
Precious metals are recovered from end-of-life materials via clean-tech solutions.
|
| 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 Momentum Technologies
Frequently Asked Questions about Momentum Technologies
When was Momentum Technologies founded?
Momentum Technologies was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Momentum Technologies located?
Momentum Technologies is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Momentum Technologies a funded company?
Momentum Technologies is a funded company, having raised a total of $20.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Feb 09, 2021.
What is the annual revenue of Momentum Technologies?
Annual revenue of Momentum Technologies is $4.13M as on Mar 31, 2023.
What does Momentum Technologies do?
Momentum Technologies is engaged in developing and deploying MSX technology systems for the recovery of high-purity critical minerals and metals from waste, including lithium-ion battery waste. Operations are centered on providing modular and localized processing solutions to enhance supply chain resilience for energy transition minerals. The technology is designed to achieve high recovery rates and purity levels, minimizing environmental impact while offering a profitable alternative to traditional mining and processing methods. Services are extended across communities to support sustainable energy and mobility solutions.
Who are the top competitors of Momentum Technologies?
Momentum Technologies's top competitors include ERI, Wisetek and Eco Recycling.
What products or services does Momentum Technologies offer?
Momentum Technologies offers MSX Technology Systems.
Who are Momentum Technologies's investors?
Momentum Technologies has 3 investors. Key investors include TechMet, Freestone Ventures, and Halliburton Labs.