About Mycronic
Mycronic is a company based in Taby (Sweden) founded in 1989.. Mycronic has completed 10 acquisitions, including AEi, Hprobe and MRSI. Mycronic offers products and services including PCB Assembly Equipment and Photomask Equipment.
- Headquarter Taby, Sweden
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mycronic Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$374.31 K (USD), Grant
Oct 01, 2022
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
AEi
& 9 more
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Products & Services of Mycronic
Mycronic offers a comprehensive portfolio of products and services, including PCB Assembly Equipment and Photomask Equipment. 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.
Equipment for assembling printed circuit boards is provided by Mycronic, covering stencil printing, component placement, and optical inspection.
Writers and metrology systems for photomasks are supplied by Mycronic, used in display and semiconductor mask production.
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Software Development Team
27 people
Leadership Team
10 people
Product Management Team
8 people
Finance and Accounting
8 people
Board Team
6 people
Human Resources and Administration
6 people
Sales and Marketing
6 people
Senior Team
5 people
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Funding Insights of Mycronic
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $374,315
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First Round
First Round
(01 Jan 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Grant - Mycronic | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Mycronic | Valuation |
investors |
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| Jun, 2020 | Amount | Post-IPO - Mycronic | 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 Mycronic
Mycronic has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Optronic. 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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Optronic and optical measurement technology services are provided in Sweden.
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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 Mycronic
Mycronic has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include AEi, Hprobe and MRSI. 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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Automated magnetic test equipment is manufactured by Hprobe.
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2017 | ||||
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3D printing technology for electronics nanofabrication is provided.
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2017 | ||||
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IT support services are provided by My-Data in Sweden.
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2011 |
| 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 - Mycronic
| 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 |
Mycronic Comparisons
Competitors of Mycronic
| 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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Latest news on Mycronic
Frequently Asked Questions about Mycronic
When was Mycronic founded?
Mycronic was founded in 1989 and raised its 1st funding round 30 years after it was founded.
Where is Mycronic located?
Mycronic is headquartered in Taby, Sweden.
What does Mycronic do?
Mycronic was founded in 1989 in Täby, Sweden, where operations focus on the electronics sector. Production solutions are supplied for assembly, display, and packaging processes. Equipment includes placement systems, jet printing and dispensing tools, conformal coating applicators, component storage units, assembly management software, multi-purpose mask writers, and mask measurement devices. Maintenance services for SMT and mask equipment, along with financing options, are available.
What products or services does Mycronic offer?
Mycronic offers PCB Assembly Equipment and Photomask Equipment.
How many acquisitions has Mycronic made?
Who are Mycronic's investors?
Mycronic has 2 investors. Key investors include European Union, and Optronic.