About Odico
Odico is a company based in Odense (Denmark) founded in 2012.. The company has 45 employees as of February 29, 2024. Odico operates in a competitive market with competitors including Wandelbots, micropsi industries, GrayMatter Robotics, Rendered.ai and Visual Components, among others.
- Headquarter Odense, Denmark
- Employees 45 as on 29 Feb, 2024
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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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- Legal Name Odico 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
$1.06 M (USD), Grant
Mar 01, 2020
- Investors
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Employee Count
45
as on Feb 29, 2024
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Funding Insights of Odico
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.1M
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First Round
First Round
(01 Mar 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Grant - Odico | 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 Odico
Odico has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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 |
| 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 Odico
| 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 - Odico
| 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 |
Odico Comparisons
Competitors of Odico
Odico 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 Wandelbots, micropsi industries, GrayMatter Robotics, Rendered.ai and Visual Components, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
No-code robot programming software is provided via demonstration-based teaching.
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| domain | founded_year | HQ Location |
Provider of AI software for industrial robots to mimic human movements
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| domain | founded_year | HQ Location |
GrayMatter Robotics is focused on AI-powered robotic solutions for manufacturers.
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based tools to produce synthetic datasets for AI training
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Factory simulation software
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| 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 Odico
Frequently Asked Questions about Odico
When was Odico founded?
Odico was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Odico located?
Odico is headquartered in Odense, Denmark.
How many employees does Odico have?
As of Feb 29, 2024, the latest employee count at Odico is 45.
What does Odico do?
Odico was founded in 2012 in Odense, Denmark, and operates within the industrial robotics sector. Software is developed for programming robot paths in milling and hot-wire cutting of casting molds used in construction. A patent-pending solution converts 3D files into coordinated robotic movements. Consultancy services for robot-assisted architectural development are offered, along with surface treatment for casting molds.
Who are the top competitors of Odico?
Odico's top competitors include Wandelbots, GrayMatter Robotics and micropsi industries.
Who are Odico's investors?
Odico has 1 investor. Key investors include European Union.
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