About OX2
OX2 is a company based in Stockholm (Sweden) founded in 2004 by Johan Ihrfelt.. The company has 1 employees as of September 30, 2024. OX2 has completed 1 acquisition, including ESCO Pacific. OX2 offers products and services including Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage. OX2 operates in a competitive market with competitors including Alight, Liquid Wind, Eolus Vind, Triventus and Solkompaniet, among others.
- Headquarter Stockholm, Sweden
- Employees 1 as on 30 Sep, 2024
- Founders Johan Ihrfelt
- Stage Public
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Sectors
Energy & 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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Annual Revenue
$129.09 K (USD)0as on Dec 31, 2023
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Net Profit
$8.68 K (USD)0as on Dec 31, 2023
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Sep 30, 2024
- Investments & Acquisitions
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Products & Services of OX2
OX2 offers a comprehensive portfolio of products and services, including Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage. 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.
Development and management of onshore wind projects for energy generation
Development of offshore wind farms for sustainable power production
Installation and management of solar systems for clean energy output
Provision of energy storage solutions to support grid stability
Funding Insights of OX2
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Seed - OX2 | Valuation | Altor Equity Partners |
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| 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 OX2
OX2 has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altor. 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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Altor is engaged in private equity investments across multiple sectors.
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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 OX2
OX2 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ESCO Pacific. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar farms are developed by ESCO Pacific in Australia.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OX2
| 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 |
Ox2 Comparisons
Competitors of OX2
OX2 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 Alight, Liquid Wind, Eolus Vind, Triventus and Solkompaniet, 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 |
Solar solutions are provided for energy-intensive businesses by Alight.
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| domain | founded_year | HQ Location |
Liquid Wind is recognized as a leading eFuel facility developer.
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| domain | founded_year | HQ Location |
Developer of wind power projects
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| domain | founded_year | HQ Location |
Turnkey wind project development and consulting services are provided.
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| domain | founded_year | HQ Location |
Distributed solar energy projects are developed for various scales.
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| domain | founded_year | HQ Location |
Developer of solar and wind energy projects
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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 Ox2
Frequently Asked Questions about OX2
When was OX2 founded?
OX2 was founded in 2004 and raised its 1st funding round 16 years after it was founded.
Where is OX2 located?
OX2 is headquartered in Stockholm, Sweden.
Who is the current CEO of OX2?
Paul Stormoen is the current CEO of OX2.
How many employees does OX2 have?
As of Sep 30, 2024, the latest employee count at OX2 is 1.
What is the annual revenue of OX2?
Annual revenue of OX2 is $129.09K as on Dec 31, 2023.
What does OX2 do?
OX2 was founded in 2004 in Stockholm, Sweden, where operations in the renewable energy sector are centered. Wind and solar power projects are developed across various stages, from site assessment to construction and operation. Focus is placed on onshore and offshore wind farms as well as utility-scale solar installations. Leadership is provided by co-founder Johan Ihrfelt and CEO Paul Stormoen, with activities spanning Europe and emerging markets.
Who are the top competitors of OX2?
OX2's top competitors include Vattenfall, Alight and Liquid Wind.
What products or services does OX2 offer?
OX2 offers Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage.
How many acquisitions has OX2 made?
OX2 has made 1 acquisition, including ESCO Pacific.
Who are OX2's investors?
OX2 has 1 investor. Key investors include Altor.
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