About MuoviTech
MuoviTech is a company based in Boras (Sweden) founded in 2002 by Kari Ojala, Heimo Ojala, Mika Ojala, and Juha Ojala was acquired by Ernstromgruppen in March 2021.. MuoviTech has completed 1 acquisition, including Vrmdpumpen. MuoviTech offers products and services including Geoenergy Solutions and Regional Websites.
- Headquarter Boras, Sweden
- Founders Kari Ojala, Heimo Ojala, Mika Ojala, Juha Ojala
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Email
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Phone
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Website
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Social
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- Legal Name Muovitech Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$391.1 K (USD), Grant
Sep 01, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Ernstromgruppen
(Mar 21, 2021)
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Products & Services of MuoviTech
MuoviTech offers a comprehensive portfolio of products and services, including Geoenergy Solutions and Regional Websites. 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.
Sustainable solutions in geoenergy are provided for energy applications
Websites for regional operations are offered to support sustainable energy services
Funding Insights of MuoviTech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $391,098
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First Round
First Round
(01 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Grant - MuoviTech | 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 MuoviTech
MuoviTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Ernströmgruppen. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Ernströmgruppen is engaged in industrial and energy solutions development.
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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 MuoviTech
MuoviTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vrmdpumpen. 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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Wholesale distribution of pumping products is conducted in Sweden.
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2000 |
| 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 - MuoviTech
| 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 |
Muovitech Comparisons
Competitors of MuoviTech
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 MuoviTech
When was MuoviTech founded?
MuoviTech was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Where is MuoviTech located?
MuoviTech is headquartered in Boras, Sweden. It is registered at Boras, Vastra Gotaland, Sweden.
Who is the current CEO of MuoviTech?
Juha Ojala is the current CEO of MuoviTech. They have also founded this company.
What does MuoviTech do?
MuoviTech was founded in 2002 and is headquartered in Boras, Sweden. Leadership is provided by co-founders Kari Ojala, Heimo Ojala, Mika Ojala, and Juha Ojala, who also serves as CEO. The companys domain is registered as muovitech.com. Operations and services are not detailed in available records, with the sector remaining unspecified. Geographic focus appears centered on Sweden, though further expansion details are absent.
What products or services does MuoviTech offer?
MuoviTech offers Geoenergy Solutions and Regional Websites.
How many acquisitions has MuoviTech made?
MuoviTech has made 1 acquisition, including Vrmdpumpen.
Who are MuoviTech's investors?
MuoviTech has 2 investors. Key investors include European Union, and Ernströmgruppen.
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