About OJ
OJ is a company based in Sønderborg (Denmark) founded in 1964 was acquired by BITZER in May 2023.. OJ has raised $249.06 thousand across 1 funding round from investors including BITZER. The company has 178 employees as of March 31, 2024. OJ offers products and services including HVAC Controls & Drives and Electric Floor Heating. OJ operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others.
- Headquarter Sønderborg, Denmark
- Employees 178 as on 31 Mar, 2024
- Stage Minicorn
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Sectors
Business ServicesEnergy & Utilities
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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 Oj Electronics A/S
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Products & Services of OJ
OJ offers a comprehensive portfolio of products and services, including HVAC Controls & Drives and Electric Floor Heating. 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.
Electronic controls for heating, ventilation, and air conditioning.
Thermostats for underfloor heating in residential settings.
Funding Insights of OJ
OJ has successfully raised a total of $249.06K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $249.06 thousand completed in October 2003. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $249,056
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First Round
First Round
(31 Oct 2003)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2003 | Amount | Unspecified - OJ | Valuation |
investors |
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| 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 OJ
OJ has secured backing from 1 investor. Prominent investors backing the company include BITZER. 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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Provider of piston, screw, and scroll compressors
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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 OJ
| 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 - OJ
| 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 |
Oj Comparisons
Competitors of OJ
OJ 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 Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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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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| 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 Oj
Frequently Asked Questions about OJ
When was OJ founded?
OJ was founded in 1964 and raised its 1st funding round 39 years after it was founded.
Where is OJ located?
OJ is headquartered in Sønderborg, Denmark.
Who is the current CEO of OJ?
Bin Im is the current CEO of OJ.
Is OJ a funded company?
OJ is a funded company, having raised a total of $249.06K across 1 funding round to date. The company's 1st funding round was a Unspecified of $249.06K, raised on Oct 31, 2003.
How many employees does OJ have?
As of Mar 31, 2024, the latest employee count at OJ is 178.
What does OJ do?
Provider of cloud-based HVAC monitoring solutions. The product offerings include OJ Dvulh - an ultra-low harmonic drive, OJ air2 master - an AHU control system, OJ DV - ventilator drivers, OJ air cloud - cloud-based system for ventilation control, ETO2 - controller for ice melting, MCD5 - smart thermostat, and more.
Who are the top competitors of OJ?
OJ's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does OJ offer?
OJ offers HVAC Controls & Drives and Electric Floor Heating.
Who are OJ's investors?
OJ has 1 investor. Key investors include BITZER.
What is OJ's valuation?
The valuation of OJ is $6.5M as of Oct 2003.