About Protech
Protech is a company based in Taurage (Lithuania) founded in 2005. It operates as a Professional Services. Protech offers products and services including PV Module Testing, Environmental Impact Assessment, Prototyping Services, Feasibility Studies, and RTD Project Management.
- Headquarter Taurage, Lithuania
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Applied Research Institute For Prospective Technologies
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$474.52 K (USD), Grant
May 01, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of Protech
Protech offers a comprehensive portfolio of products and services, including PV Module Testing, Environmental Impact Assessment, Prototyping Services, Feasibility Studies, and RTD Project Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Accredited testing of PV modules is provided.
CO2 and life cycle assessments are conducted.
Comprehensive prototyping for industrial solutions is offered.
Strategic feasibility studies and roadmaps are developed.
Research and technology project coordination is managed.
Funding Insights of Protech
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $474,524
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First Round
First Round
(01 Sep 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Grant - Protech | Valuation |
investors |
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| Sep, 2017 | Amount | Grant - Protech | 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 Protech
Protech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Protech
| 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 - Protech
| 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 |
Protech Comparisons
Competitors of Protech
| 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 Protech
When was Protech founded?
Protech was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Where is Protech located?
Protech is headquartered in Taurage, Lithuania.
What does Protech do?
Research and development in photovoltaic technologies, energy storage, measurement equipment, and digital solutions are carried out by the institute. Focus is placed on supporting SMEs and manufacturing industries across Lithuania and the EU. Leadership in green energy research, particularly in photovoltaics and energy-efficient buildings, is established. Coordination of the Lithuanian Photovoltaics Industrial Technology Cluster is managed, alongside impactful collaborations with private investments for technology development.
What products or services does Protech offer?
Protech offers PV Module Testing, Environmental Impact Assessment, Prototyping Services, Feasibility Studies, and RTD Project Management.
Who are Protech's investors?
Protech has 1 investor. Key investors include European Union.