Qtagg

Vasteras, Sweden Founded: 1997 • Age: 29 yrs
Maritime fuel management systems for fuel optimization are provided.
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About Qtagg

Qtagg is a company based in Vasteras (Sweden) founded in 1997.. Qtagg has raised $1.87 million across 1 funding round from investors including Almi Invest. Qtagg offers products and services including EcoPilot, Governors, and Actuators. Qtagg operates in a competitive market with competitors including We4Sea, Closelink, Eltronic FuelTech, ClearLynx and Ascenz, among others.

  • Headquarter Vasteras, Sweden
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Q-Tagg R&D As
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.87 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.87 M (USD), Unspecified

    Nov 05, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Qtagg

Qtagg offers a comprehensive portfolio of products and services, including EcoPilot, Governors, and Actuators. 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.

Primary

AI system for calculating optimal propulsion plans to save fuel

Devices for managing diesel engine speed and performance

High-performance tools for fuel rack positioning on engines

People of Qtagg
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Tomas Lindqvist
CEO
People
Arne Löfgren
COO
People
Peter Spännare
Head of Projects
People
Dorsa Keshavarzinejad
Project Administrator

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Funding Insights of Qtagg

Qtagg has successfully raised a total of $1.87M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.87 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Unspecified — $1.9M
  • First Round

    (05 Nov 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Unspecified - Qtagg Valuation Almi Invest
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Qtagg

Qtagg has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Almi Invest. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by corporate-backed Almi Invest.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Qtagg

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Qtagg

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qtagg Comparisons

Employees
+
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Competitors of Qtagg

Qtagg 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 We4Sea, Closelink, Eltronic FuelTech, ClearLynx and Ascenz, 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
SaaS-based fuel monitoring is provided for marine fuel efficiency.
domain founded_year HQ Location
A marine lubricant procurement platform is provided for shipping firms.
domain founded_year HQ Location
Fuel efficiency solutions are provided for maritime vessels.
domain founded_year HQ Location
Provider of bunker fuel management system for bunker software
domain founded_year HQ Location
Fuel monitoring systems are supplied for the shipping sector.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Qtagg

Frequently Asked Questions about Qtagg

When was Qtagg founded?

Qtagg was founded in 1997 and raised its 1st funding round 24 years after it was founded.

Where is Qtagg located?

Qtagg is headquartered in Vasteras, Sweden. It is registered at Vasteras, Vastmanland, Sweden.

Is Qtagg a funded company?

Qtagg is a funded company, having raised a total of $1.87M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.87M, raised on Nov 05, 2021.

What does Qtagg do?

Qtagg was founded in 1997 in Vasteras, Sweden, and operates within the maritime sector. Fuel consumption is optimized through systems focused on engine control, energy efficiency, weather routing, roll damping, speed and propeller pitch adjustments, power optimization, voyage planning, reports, and diagnostics. A load optimization platform is included. Services are directed toward ferries, cruise ships, chemical tankers, and container ships.

Who are the top competitors of Qtagg?

Qtagg's top competitors include Eltronic FuelTech, Ascenz and Closelink.

What products or services does Qtagg offer?

Qtagg offers EcoPilot, Governors, and Actuators.

Who are Qtagg's investors?

Qtagg has 1 investor. Key investors include Almi Invest.

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