Progea SRL

Modena, Italy Founded: 1990 • Age: 36 yrs Acquired By Emerson
Industrial automation software platforms are developed and offered.

About Progea SRL

Progea SRL is an Industrial Goods & Manufacturing company based in Modena (Italy) founded in 1990, and was acquired by Emerson in October 2020. Industrial automation software platforms are developed and offered. Progea SRL offers products and services including Attuatori, Sistemi di controllo, and Valvole. Its focus areas include Enterprise Applications, Manufacturing Tech, Process Control and Supervisory Control & Data Acquisition. Its legal entity is Emerson Electric Co.

Company details

Progea specializes in developing industrial automation software platforms. Its product offerings include Movicon HMISCADA and Movicon Pro. Lean is used to collect all production data, calculate the Key Performance Indicators (KPI, OEE) and detect and measure production Downtimes and Movicon Pro.Energy. Its products are based on Movicon11 and the Automation Platform.NExT software architecture. The company serves customers in the automotive, food, beverage, oil, gas, building automation, infrastructures, manufacturing, energy, water wastewater, and pharmaceutical sectors.

  • Headquarters Modena, Italy
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Website progea.com
  • Social LinkedIn X
  • Acquired by Emerson (Oct 2020)
  • Legal Name Emerson Electric Co.
Key Metrics
  • Latest Funding Round
    $338.36K (USD), Grant

    Oct 2016

  • Investors
    Emerson

    & 1 more

  • Acquired by
    Emerson

    (Oct 2020)

Products & Services of Progea SRL

Progea SRL offers a comprehensive portfolio of products and services, including Attuatori, Sistemi di controllo, and Valvole.

Attuatori
Actuators

Hydraulic, electric, and pneumatic devices for industrial control

Sistemi di controllo
Control Systems

Distributed systems for automation and safety monitoring

Valvole
Valves

Isolation and control valves for energy applications

Funding Insights of Progea SRL

  • Total Rounds 1
  • Last Round Grant β€” $338,364
  • First Round $338,364

    (Oct 2016)

  • Investors Count 1

All 1 funding rounds of Progea SRL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2016$338,364Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Progea SRL

Progea SRL has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Emerson and European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Automation and engineering services are provided for multiple industries.
1890emerson.comSt. Louis, United States
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Investor details for Progea SRL

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Timeline of Progea SRL

3 dated milestones of Progea SRL across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded Progea SRL is founded.
  2. Funding First funding round of $338K.
  3. Exit Acquired by Emerson.

Web traffic of Progea SRL

Websites that share an audience with Progea SRL (progea.com).

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Frequently Asked Questions about Progea SRL

Progea SRL was founded in 1990 and raised its 1st funding round 26 years after it was founded.

Progea SRL is headquartered in Modena, Italy. It is registered at Modena, Emilia-romagna, Italy.

Progea specializes in developing industrial automation software platforms. Its product offerings include Movicon HMISCADA and Movicon Pro. Lean is used to collect all production data, calculate the Key Performance Indicators (KPI, OEE) and detect and measure production Downtimes and Movicon Pro.Energy. Its products are based on Movicon11 and the Automation Platform.NExT software architecture. The company serves customers in the automotive, food, beverage, oil, gas, building automation, infrastructures, manufacturing, energy, water wastewater, and pharmaceutical sectors.

Progea SRL offers Attuatori, Sistemi di controllo, and Valvole.

Progea SRL has 2 investors. Key investors include Emerson, and European Union.

Progea SRL operates through Emerson Electric Co..

Yes. Progea SRL was acquired by Emerson in October 2020.

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