RHEA Group

Wavre, Belgium Founded: 1992 • Age: 34 yrs
Provider of engineering, system development and security services to space, and defence sectors

About RHEA Group

RHEA Group is a company based in Wavre (Belgium) founded in 1992.. The company has 13 employees as of December 31, 2024. RHEA Group has completed 1 acquisition, including SixSq.

  • Headquarter Wavre, Belgium
  • Employees 13 as on 31 Dec, 2024
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Defense Systems & Security Services
Key Metrics
  • Annual Revenue
    $55.67 M (USD)
    18
    as on Dec 31, 2021
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $588.25 K (USD), Grant

    Aug 19, 2023

  • Investors
  • Employee Count
    13

    as on Dec 31, 2024

  • Investments & Acquisitions
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People of RHEA Group
Headcount 200-500
Employee Profiles 16
Board Members and Advisors 2
Employee Profiles
People
André Sincennes
CEO
People
Gregory Fleming
VP, Digital Enterprise & Process Excellence
People
Isabelle Roels
VP, Marketing & Communications
People
Cedric Seynat
VP, Canada

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Board Members and Advisors
people
Peter Dubock
Strategic Advisor
people
Marco Lisi
Strategic Advisor

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Funding Insights of RHEA Group

  • Total Funding
  • Total Rounds 14
  • Last Round Grant — $588,250
  • First Round

    (01 Sep 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2023 Amount Grant - RHEA Group Valuation

investors

Dec, 2022 Amount Grant - RHEA Group Valuation

investors

Jan, 2022 Amount Grant - RHEA Group Valuation

investors

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 RHEA Group

RHEA Group 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 RHEA Group

RHEA Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SixSq. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Development solutions for edge-based software and data assets are provided.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - RHEA Group

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

Rhea Group Comparisons

Employees
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Add Comparison
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Competitors of RHEA Group

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 Rhea Group

Frequently Asked Questions about RHEA Group

When was RHEA Group founded?

RHEA Group was founded in 1992 and raised its 1st funding round 26 years after it was founded.

Where is RHEA Group located?

RHEA Group is headquartered in Wavre, Belgium. It is registered at Wavre, Walloon Brabant, Belgium.

Who is the current CEO of RHEA Group?

Andre Sincennes is the current CEO of RHEA Group.

How many employees does RHEA Group have?

As of Dec 31, 2024, the latest employee count at RHEA Group is 13.

What is the annual revenue of RHEA Group?

Annual revenue of RHEA Group is $55.67M as on Dec 31, 2021.

What does RHEA Group do?

RHEA Group was established in 1992 and is headquartered in Wavre, Belgium. Operations focus on the space and defence industries, where engineering solutions, system development, and security services are delivered. These activities support various projects in aerospace and military applications across Europe and beyond, with leadership provided by CEO and Managing Director Andre Sincennes.

How many acquisitions has RHEA Group made?

RHEA Group has made 1 acquisition, including SixSq.

Who are RHEA Group's investors?

RHEA Group has 1 investor. Key investors include European Union.

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