About Quercus Technologies
Quercus Technologies is a company based in Reus (Spain) founded in 1999.. Quercus Technologies offers products and services including SmartLPR® - LPR Camera and Parking Guidance Systems.
- Headquarter Reus, Spain
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Quercus Technologies S.L.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.01 K (USD), Grant
Oct 31, 2015
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Quercus Technologies
Quercus Technologies offers a comprehensive portfolio of products and services, including SmartLPR® - LPR Camera and Parking Guidance Systems. 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.
License plate recognition is performed for parking facilities to enhance security and access control
Guidance is provided for vehicles in parking areas to improve efficiency and user experience
Funding Insights of Quercus Technologies
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,006
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First Round
First Round
(01 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Grant - Quercus Technologies | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Quercus Technologies | 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 Quercus Technologies
Quercus Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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 agency and accelerator focusing on innovative startups and SMEs
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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 Quercus Technologies
| 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 - Quercus Technologies
| 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 |
Quercus Technologies Comparisons
Competitors of Quercus Technologies
| 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 Quercus Technologies
When was Quercus Technologies founded?
Quercus Technologies was founded in 1999 and raised its 1st funding round 16 years after it was founded.
Where is Quercus Technologies located?
Quercus Technologies is headquartered in Reus, Spain. It is registered at Reus, Catalonia, Spain.
Who is the current CEO of Quercus Technologies?
Jordi Moragas is the current CEO of Quercus Technologies.
What does Quercus Technologies do?
Quercus Technologies was founded in 1999 in Reus, Spain, and operates in the parking technology sector. Proprietary smart parking solutions are developed by computer vision engineers and parking experts. Installations have been established worldwide over more than 20 years, with a focus on guidance systems, license plate recognition cameras, and vehicle detection tools for parking management.
What products or services does Quercus Technologies offer?
Quercus Technologies offers SmartLPR® - LPR Camera and Parking Guidance Systems.
Who are Quercus Technologies's investors?
Quercus Technologies has 2 investors. Key investors include European Union, and EIC Fund.