About Northern Balance
Northern Balance is a company based in Gateshead (United Kingdom) founded in 1971 was acquired by Scientific Laboratory Supplies in June 2022.. The company has 23 employees as of March 31, 2021. Northern Balance has completed 1 acquisition, including A1 Scales.
- Headquarter Gateshead, United Kingdom
- Employees 23 as on 31 Mar, 2021
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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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
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Investors
Gem Scientific
& 1 more
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Employee Count
23
as on Mar 31, 2021
- Investments & Acquisitions
- Acquired by
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Funding Insights of Northern Balance
| 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 Northern Balance
Northern Balance has secured backing from 2 investors. Prominent investors backing the company include Gem Scientific and Scientific Laboratory Supplies. 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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Supplies a wide range of chemicals, laboratory equipment, and consumables.
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Founded Year | Domain | Location | |
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Distributor of laboratory supplies
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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 Northern Balance
Northern Balance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include A1 Scales. 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
|
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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Supplier of medical equipment, digital, weighing scales, dynamometer, and other products
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2004 |
| 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 - Northern Balance
| 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 |
Northern Balance Comparisons
Competitors of Northern Balance
| 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 Northern Balance
When was Northern Balance founded?
Northern Balance was founded in 1971.
Where is Northern Balance located?
Northern Balance is headquartered in Gateshead, United Kingdom. It is registered at Gateshead, England, United Kingdom.
How many employees does Northern Balance have?
As of Mar 31, 2021, the latest employee count at Northern Balance is 23.
What does Northern Balance do?
Northern Balance was founded in 1971 and is based in Gateshead, United Kingdom. Weighing equipment is produced and supplied by the company within the industrial machinery sector. Operations encompass manufacturing processes and distribution networks serving trade and commercial needs. The domain northernbalance.co.uk is used for online accessibility. Focus is placed on equipment handling for precision measurement applications across regional markets.
How many acquisitions has Northern Balance made?
Northern Balance has made 1 acquisition, including A1 Scales.
Who are Northern Balance's investors?
Northern Balance has 2 investors. Key investors include Gem Scientific, and Scientific Laboratory Supplies.
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