About MTechnologies
MTechnologies is a company based in Sofia (Bulgaria) founded in 2013 by Yordan Angelov.. MTechnologies operates in a competitive market with competitors including Caavo, Seven Hugs, Bond Home, Peel and Xped, among others.
- Headquarter Sofia, Bulgaria
- Founders Yordan Angelov
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Sectors
Technology
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of MTechnologies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2016 | Amount | Seed - MTechnologies | Valuation | WorldStartup |
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| 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 MTechnologies
MTechnologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WorldStartup. 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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Startups are accelerated across sectors by WorldStartup.
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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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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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Investments & Acquisitions by MTechnologies
| 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 |
Financial Statements - MTechnologies
| 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 |
Mtechnologies Comparisons
Competitors of MTechnologies
MTechnologies 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 Caavo, Seven Hugs, Bond Home, Peel and Xped, 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 |
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| domain | founded_year | HQ Location |
Private label brand of universal remote controllers
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Developer of home automation solutions
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Smart home solutions are provided through connected devices and apps.
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Provider of mobile app for controlling TV remotely
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Hardware and software connectivity solutions for IoT applications are provided.
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Remote control apps for PCs and TVs are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MTechnologies
When was MTechnologies founded?
MTechnologies was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is MTechnologies located?
MTechnologies is headquartered in Sofia, Bulgaria.
What does MTechnologies do?
MTechnologies was founded in 2013 in Sofia, Bulgaria, as a provider of systems design, software, hardware, and firmware development solutions. Embedded systems based on microprocessors are developed for industries such as multimedia, automotive, networking, telecommunications, and wireless. The Mcube system is included for lighting and heating control. Operations are centered on delivering these technologies to various sectors from the companys base in Bulgaria.
Who are the top competitors of MTechnologies?
MTechnologies's top competitors include Caavo, Bond Home and Seven Hugs.
Who are MTechnologies's investors?
MTechnologies has 1 investor. Key investors include WorldStartup.