About Petrotec
Petrotec was founded in 2006 as a renewable energy company based in Borken, Germany. Used cooking oil and other waste feedstocks are collected from over 15,000 points and processed into biodiesel at biorefineries in Emden and Oeding. Annual production capacity reaches 55.5 million gallons (185,000 metric tons), with output compliant to EU standard EN 14214. In December 2014, 69 percent equity ownership was acquired by REG for 20.9 million.
- Headquarter Borken, Germany
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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
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Renewable Energy Group
(Dec 29, 2014)
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Funding Insights of Petrotec
| 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 Petrotec
Petrotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chevron Renewable Energy Group. 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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Biofuels and renewable chemicals are developed for industrial applications.
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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 Petrotec
| 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 - Petrotec
| 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 |
Petrotec Comparisons
Competitors of Petrotec
| 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 Petrotec
When was Petrotec founded?
Petrotec was founded in 2006.
Where is Petrotec located?
Petrotec is headquartered in Borken, Germany. It is registered at Borken, Hesse, Germany.
Who is the current CEO of Petrotec?
Randy Howard is the current CEO of Petrotec.
What does Petrotec do?
Petrotec was founded in 2006 as a renewable energy company based in Borken, Germany. Used cooking oil and other waste feedstocks are collected from over 15,000 points and processed into biodiesel at biorefineries in Emden and Oeding. Annual production capacity reaches 55.5 million gallons (185,000 metric tons), with output compliant to EU standard EN 14214. In December 2014, 69 percent equity ownership was acquired by REG for 20.9 million.
Who are Petrotec's investors?
Petrotec has 1 investor. Key investors include Chevron Renewable Energy Group.