About Optitune
Optitune is a company based in Oulu (Finland) founded in 2003.. Optitune has raised $5.16 million across 1 funding round from investors including Springvest. Optitune operates in a competitive market with competitors including actnano, NanoMech, Adaptive Surface, Nelumbo and Suzhou Nanomicro Technology, among others.
- Headquarter Oulu, Finland
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Sectors
Chemicals & MaterialsTechnology
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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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Total Equity Funding
$5.16 M (USD)
in 1 rounds
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Latest Funding Round
$5.16 M (USD), Series A
Nov 21, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of Optitune
Optitune has successfully raised a total of $5.16M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.16 million completed in November 2022. 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 — $5.2M
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First Round
First Round
(21 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Series A - Optitune | 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 |
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Investors in Optitune
Optitune has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Springvest. 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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Springvest is recognized as a leading growth investment service in Finland.
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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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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 Optitune
| 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 - Optitune
| 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 |
Optitune Comparisons
Competitors of Optitune
Optitune 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 actnano, NanoMech, Adaptive Surface, Nelumbo and Suzhou Nanomicro Technology, 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 |
Environmental resistant nanocoatings are developed for diversified applications.
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Coating and cutting tools are manufactured for industrial applications.
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Materials and coatings that repel fluids are produced.
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| domain | founded_year | HQ Location |
Omniphobic nanocoatings are developed for air conditioners to enhance efficiency.
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| domain | founded_year | HQ Location |
Uniformly sized nano- and microspheres are manufactured and marketed.
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| domain | founded_year | HQ Location |
Tungsten carbide-based coatings are applied via CVD to metal parts.
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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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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Optitune
Frequently Asked Questions about Optitune
When was Optitune founded?
Optitune was founded in 2003 and raised its 1st funding round 19 years after it was founded.
Where is Optitune located?
Optitune is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
Who is the current CEO of Optitune?
Jody Paulus is the current CEO of Optitune.
Is Optitune a funded company?
Optitune is a funded company, having raised a total of $5.16M across 1 funding round to date. The company's 1st funding round was a Series A of $5.16M, raised on Nov 21, 2022.
What does Optitune do?
Developer of nanocoatings for metal, glass, plastic, and electronic applications. These coatings provide anti-scratch, anti-glare, and anti-fingerprint properties, enhancing durability and optical qualities. The company offers research and development services, along with coating as a service. It focuses on industries including automotive, consumer electronics, home appliances, and energy-efficient solutions. The company also provides light management and opto-electronic materials.
Who are the top competitors of Optitune?
Optitune's top competitors include Nelumbo, Adaptive Surface and actnano.
Who are Optitune's investors?
Optitune has 1 investor. Key investors include Springvest.
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