About Prometeon Tyre Group
Prometeon Tyre Group is a company based in Milano (Italy) founded in 2017 was acquired by Aeolus Tyres in December 2020.. Prometeon Tyre Group operates in a competitive market with competitors including Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres, among others.
- Headquarter Milano, Italy
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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
- Investors
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Employee Count
Employee Count
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Acquired by
Aeolus Tyres
(Dec 01, 2020)
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Funding Insights of Prometeon Tyre Group
| 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 Prometeon Tyre Group
Prometeon Tyre Group has secured backing from 1 investor. Prominent investors backing the company include Aeolus Tyres. 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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Produces and supplies tyres for trucks, agricultural, and off-road vehicles.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Prometeon Tyre Group
| 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 - Prometeon Tyre 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 |
Prometeon Tyre Group Comparisons
Competitors of Prometeon Tyre Group
Prometeon Tyre 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 Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres, 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 |
Composites, tires, and components are manufactured for diverse industries.
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| domain | founded_year | HQ Location |
Bridgestone is recognized as a global tire manufacturer.
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Manufacturer and supplier of tyres
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Tires for vehicles and machinery are manufactured and supplied worldwide.
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Manufacturer and supplier of tyres
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| domain | founded_year | HQ Location |
Automotive tires are manufactured and supplied worldwide by Continental Tires.
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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 Prometeon Tyre Group
Frequently Asked Questions about Prometeon Tyre Group
When was Prometeon Tyre Group founded?
Prometeon Tyre Group was founded in 2017.
Where is Prometeon Tyre Group located?
Prometeon Tyre Group is headquartered in Milano, Italy.
What does Prometeon Tyre Group do?
Prometeon Tyre Group was established in 2017 in Milano, Italy, within the tire manufacturing sector. Tires designed for trucks and buses are produced and distributed by the company. Operations encompass the creation of specialized tire components for commercial vehicles, with supply chains extending internationally. The focus remains on reliable production processes to meet industry demands in the automotive parts field.
Who are the top competitors of Prometeon Tyre Group?
Who are Prometeon Tyre Group's investors?
Prometeon Tyre Group has 1 investor. Key investors include Aeolus Tyres.