About Opalum
Opalum is a company based in Herning (Denmark) founded in 2007 was acquired by Cirrus Logic in August 2015.. Opalum has raised $2.31 million across 1 funding round from investors including Cirrus Logic and SEB. The company has 1 employees as of September 30, 2017. Opalum offers products and services including PERSEUS and FLOORBASED SOUND UNIT.
- Headquarter Herning, Denmark
- Employees 1 as on 30 Sep, 2017
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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 Opalum Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.31 M (USD)
in 1 rounds
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Latest Funding Round
$2.31 M (USD), Series A
Jun 17, 2011
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Investors
Cirrus Logic
& 1 more
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Employee Count
1
as on Sep 30, 2017
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Acquired by
Cirrus Logic
(Aug 05, 2015)
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Products & Services of Opalum
Opalum offers a comprehensive portfolio of products and services, including PERSEUS and FLOORBASED SOUND UNIT. 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.
PERSEUS is designed as a wireless sound system that integrates hifi-sound into mirrors using patented audio technology, with sound directed towards listeners.
FLOORBASED SOUND UNIT is developed as an innovative sound system featuring a built-in subwoofer and wireless projection, intended for hidden placement in plinths.
Funding Insights of Opalum
Opalum has successfully raised a total of $2.31M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.31 million completed in June 2011. 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 Series A — $2.3M
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First Round
First Round
(17 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Series A - Opalum | 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 Opalum
Opalum has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Cirrus Logic and SEB. 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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SEB is recognized as a leading Nordic corporate bank.
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Founded Year | Domain | Location | |
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Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits
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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 Opalum
| 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 |
Financial Statements - Opalum
| 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 |
Opalum Comparisons
Competitors of Opalum
| 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 Opalum
When was Opalum founded?
Opalum was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Opalum located?
Opalum is headquartered in Herning, Denmark.
Who is the current CEO of Opalum?
Karsten Holst is the current CEO of Opalum.
Is Opalum a funded company?
Opalum is a funded company, having raised a total of $2.31M across 1 funding round to date. The company's 1st funding round was a Series A of $2.31M, raised on Jun 17, 2011.
How many employees does Opalum have?
As of Sep 30, 2017, the latest employee count at Opalum is 1.
What does Opalum do?
Opalum was founded in 2007 in Herning, Denmark, and operates within the fishing gear sector. Reels, rods, lures, lines, and various accessories are designed and produced, alongside apparel suited for anglers. Sponsorships are extended to fishing events and participants. Environmental sustainability is integrated into product development and operational practices. High-performance materials and innovative features are utilized in the equipment to enhance functionality.
What products or services does Opalum offer?
Opalum offers PERSEUS and FLOORBASED SOUND UNIT.
Who are Opalum's investors?
Opalum has 2 investors. Key investors include Cirrus Logic, and SEB.
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