About Mygale
Mygale is a company based in Magny-cours (France) founded in 1989.. Mygale offers products and services including Sport-prototypes, Monoplaces, and Concept Cars. Mygale operates in a competitive market with competitors including Porsche, Bugatti Automobiles, Alpine, ORECA and Renault Sport, among others.
- Headquarter Magny-cours, France
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Sectors
Transportation, Automotive & Logistics
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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
$775.57 K (USD), Grant
Feb 11, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Mygale
Mygale offers a comprehensive portfolio of products and services, including Sport-prototypes, Monoplaces, and Concept Cars. 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.
High-performance vehicles designed for motorsports competitions
Single-seater cars for racing and track events
Innovative prototypes exploring new automotive technologies
Funding Insights of Mygale
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $775,571
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First Round
First Round
(11 Feb 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Grant - Mygale | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Mygale
Mygale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ministry of Economy, Finance and Industrial and Digital Sovereignty. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Mygale
| 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 - Mygale
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mygale Comparisons
Competitors of Mygale
Mygale 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 Porsche, Bugatti Automobiles, Alpine, ORECA and Renault Sport, 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 |
Luxury sports cars are designed, manufactured, and distributed internationally.
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Sports cars are manufactured by Bugatti Automobiles in France.
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| domain | founded_year | HQ Location |
High-performance sports cars are designed and manufactured by Alpine.
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| domain | founded_year | HQ Location |
Racing cars are designed and manufactured, and events are organized.
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Operates as a manufacturer of high-performance cars.
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| 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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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mygale
When was Mygale founded?
Mygale was founded in 1989 and raised its 1st funding round 32 years after it was founded.
Where is Mygale located?
Mygale is headquartered in Magny-cours, France. It is registered at Magny-cours, Bourgogne-franche-comte, France.
What does Mygale do?
Mygale Cars was founded in 1989 in Magny-Cours, France, and operates within the motorsport sector. Single-seater chassis are produced for various competitions, including Formula 4 and Formula 3 models. Operations focus on meeting customer requirements through structured design processes. Emphasis is placed on safety standards and technical specifications suited to racing environments. The company maintains a presence in European motorsport manufacturing.
Who are the top competitors of Mygale?
Mygale's top competitors include Porsche, Alpine and Bugatti Automobiles.
What products or services does Mygale offer?
Mygale offers Sport-prototypes, Monoplaces, and Concept Cars.
Who are Mygale's investors?
Mygale has 1 investor. Key investors include Ministry of Economy, Finance and Industrial and Digital Sovereignty.