About NPROXX
NPROXX is a company based in Heerlen (Netherlands) founded in 2018 was acquired by Cummins in September 2020.. NPROXX offers products and services including Type 4 Pressure Vessels and Hydrogen Storage Solutions. NPROXX operates in a competitive market with competitors including Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, among others.
- Headquarter Heerlen, Netherlands
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Sectors
Transportation, Automotive & Logistics
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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 Nproxx B.V.
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Products & Services of NPROXX
NPROXX offers a comprehensive portfolio of products and services, including Type 4 Pressure Vessels and Hydrogen Storage Solutions. 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-pressure vessels for safe hydrogen storage in vehicles.
Systems for stationary and mobile hydrogen applications.
Funding Insights of NPROXX
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $2.9M
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First Round
First Round
(29 May 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Grant - NPROXX | 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 NPROXX
NPROXX has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Cummins, Bund.de and ETC. 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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Manufacturer of gas-powered construction equipment
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Innovative technology solutions are developed for clean energy by ETC.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by NPROXX
| 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 - NPROXX
| 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 |
Nproxx Comparisons
Competitors of NPROXX
NPROXX 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 Cummins, Valeo, UNO Minda, Schaeffler and Faurecia, 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 |
Manufacturer of gas-powered construction equipment
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Automotive products and services are supplied globally to automakers.
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied to OEMs.
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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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Latest news on Nproxx
Frequently Asked Questions about NPROXX
When was NPROXX founded?
NPROXX was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is NPROXX located?
NPROXX is headquartered in Heerlen, Netherlands. It is registered at Heerlen, Limburg, Netherlands.
What does NPROXX do?
NPROXX was established in 2018 in Heerlen, Netherlands, focusing on the clean energy sector. Hydrogen pressure vessels and storage containers are designed and developed by the company to support safe hydrogen transportation and storage. Operations emphasize advanced materials and engineering solutions for industrial applications. The company serves clients in the hydrogen economy, with activities centered in Europe to advance sustainable energy infrastructure.
Who are the top competitors of NPROXX?
What products or services does NPROXX offer?
NPROXX offers Type 4 Pressure Vessels and Hydrogen Storage Solutions.
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