About Polytec Group
Polytec Group is a company based in Horsching (Austria) founded in 2000.. Polytec Group has completed 2 acquisitions, including ADMOULD and Wayand. Polytec Group operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Horsching, Austria
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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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
$181.31 K (USD), Grant
Jun 30, 2023
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Investors
Austria Wirtschaftsservice
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
ADMOULD
& 1 more
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Funding Insights of Polytec Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $181,315
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Grant - Polytec Group | Valuation |
investors |
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| Aug, 2021 | Amount | Grant - Polytec Group | Valuation |
investors |
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| Jun, 2000 | Amount | Series A - Polytec Group | 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 Polytec Group
Polytec Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Austria Wirtschaftsservice, BAFA and Capvis. 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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European investments are handled by Capvis, a private equity firm.
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Founded Year | Domain | Location | |
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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Business and energy news is delivered via an online platform.
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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 Polytec Group
Polytec Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ADMOULD and Wayand. 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
|
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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Manufacturer of hand and edge tools products
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2005 | ||||
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Automotive body components are manufactured and supplied globally.
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1967 |
| 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 - Polytec Group
| 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 |
Polytec Group Comparisons
Competitors of Polytec Group
Polytec Group 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 ZF, Cummins, Cooper Standard, Schaeffler and Valeo, 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Automotive cooling systems, pistons, and aftermarket components are manufactured.
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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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Latest news on Polytec Group
Frequently Asked Questions about Polytec Group
When was Polytec Group founded?
Polytec Group was founded in 2000.
Where is Polytec Group located?
Polytec Group is headquartered in Horsching, Austria. It is registered at Horsching, Oberosterreich, Austria.
Who is the current CEO of Polytec Group?
Friedrich Huemer is the current CEO of Polytec Group.
What does Polytec Group do?
Polytec Group is a manufacturer and supplier of plastic parts. Manufactures engine components such as engine covers, oil pans, brake fluid reservoirs, crankcase vents, interior components such as trunk load floors, cargo step protections, trunk lid covers, exterior components such as rear spoilers, trunk lids, scuttle panels, and more for passenger cars and commercial vehicles. Also manufacture components for household appliances and industrial applications.
Who are the top competitors of Polytec Group?
Polytec Group's top competitors include Cummins, Valeo and Cooper Standard.
How many acquisitions has Polytec Group made?
Who are Polytec Group's investors?
Polytec Group has 3 investors. Key investors include Austria Wirtschaftsservice, BAFA, and Capvis.