About Petronics
Petronics is a company based in Champaign (United States) founded in 2014 by Dave Cohen. It operates as a B2C. Petronics operates in a competitive market with competitors including Petnet, CleverPet, PupPod, PlayDate and SC Robotics, among others.
- Headquarter Champaign, United States
- Founders Dave Cohen
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Sectors
Technology
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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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Latest Funding Round
$563.87 K (USD), Grant
Sep 15, 2018
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Investors
National Science Foundation
& 1 more
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Employee Count
Employee Count
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Funding Insights of Petronics
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $563,867
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Petronics | Valuation |
investors |
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| Jul, 2016 | Amount | Grant - Petronics | Valuation |
investors |
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| Nov, 2014 | Amount | Seed - Petronics | Valuation | HAX |
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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 Petronics
Petronics has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation and HAX. 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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Startups are accelerated via a 111-day program with seed funding.
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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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 Petronics
| 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 - Petronics
| 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 |
Petronics Comparisons
Competitors of Petronics
Petronics 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 Petnet, CleverPet, PupPod, PlayDate and SC Robotics, 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 |
Robotic pet-feeding systems with sensors and algorithms are provided.
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| domain | founded_year | HQ Location |
Provider of smart light and sound games for dogs
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| domain | founded_year | HQ Location |
Smart toy connected with treat dispenser
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| domain | founded_year | HQ Location |
An online shop offering interactive play tools for remote pet interaction.
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| domain | founded_year | HQ Location |
Develops robotic toys for interactive gameplay and entertainment with pets.
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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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Frequently Asked Questions about Petronics
When was Petronics founded?
Petronics was founded in 2014.
Where is Petronics located?
Petronics is headquartered in Champaign, United States. It is registered at Champaign, Illinois, United States.
Who is the current CEO of Petronics?
Dave Cohen is the current CEO of Petronics. They have also founded this company.
What does Petronics do?
Petronics operates with a B2C model, focusing on producing consumer products, toys and games, offering pet products, and robotic toys. Platform offering innovative robot-based toys for pets. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Petronics?
Who are Petronics's investors?
Petronics has 2 investors. Key investors include National Science Foundation, and HAX.