About NKT
NKT is a company based in Copenhagen (Denmark) founded in 1891.. NKT has completed 2 acquisitions, including Solidal and Ventcroft. NKT offers products and services including High Voltage Cables and Cable Accessories.
- Headquarter Copenhagen, Denmark
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nkt A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$340.51 K (USD), Grant
Oct 01, 2022
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Solidal
& 1 more
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Products & Services of NKT
NKT offers a comprehensive portfolio of products and services, including High Voltage Cables and Cable Accessories. 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-voltage cables are manufactured and supplied for power transmission purposes
Cable accessories are provided for high and medium voltage applications to facilitate installations and maintenance
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Software Development Team
80 people
Senior Team
47 people
Leadership Team
44 people
Sales and Marketing
33 people
Human Resources and Administration
29 people
Project Team
25 people
Finance and Accounting
22 people
Product Management Team
19 people
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Funding Insights of NKT
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $340,508
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First Round
First Round
(01 Jun 2002)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Grant - NKT | Valuation |
investors |
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| Nov, 2018 | Amount | Grant - NKT | Valuation |
investors |
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| Sep, 2010 | Amount | Grant - NKT | 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 NKT
NKT has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include United States Department of Agriculture, European Union and IFU. 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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Private equity investment firm
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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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Leadership is provided on agriculture, food, and rural development matters.
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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 NKT
NKT has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Solidal and Ventcroft. 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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Manufacturer of fire and security alarm cables
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1991 | ||||
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Power cables and conductors for energy transmission are manufactured.
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1968 |
| 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 - NKT
| 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 |
Nkt Comparisons
Competitors of NKT
| 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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Frequently Asked Questions about NKT
When was NKT founded?
NKT was founded in 1891 and raised its 1st funding round 111 years after it was founded.
Where is NKT located?
NKT is headquartered in Copenhagen, Denmark.
Who is the current CEO of NKT?
Claes Westerlind is the current CEO of NKT.
What does NKT do?
NKT was founded in 1891 in Copenhagen, Denmark, and operates in the electrical cables sector. High-voltage, medium-voltage, and low-voltage cables are produced, along with complementary accessories. Services encompass the full lifecycle, including design, manufacturing, installation, and maintenance of cables. Technology consulting on cable solutions is also provided, supporting operations primarily in Europe with global reach.
What products or services does NKT offer?
NKT offers High Voltage Cables and Cable Accessories.
Who are NKT's investors?
NKT has 3 investors. Key investors include United States Department of Agriculture, European Union, and IFU.