About Rototec Group
Rototec Group is a company based in Scandinavia (United States) founded in 2007 was acquired by Formica in May 2021.. Rototec Group offers products and services including Geoenergy Fields and Consulting Services.
- Headquarter Scandinavia, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rototec Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$200.51 K (USD), Grant
Jan 01, 2023
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Formica
(May 04, 2021)
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Products & Services of Rototec Group
Rototec Group offers a comprehensive portfolio of products and services, including Geoenergy Fields and Consulting Services. 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.
Geoenergy fields for ground source heating and cooling are delivered, particularly for large properties and industries
Consulting services for geoenergy projects are provided, including preliminary studies and project planning
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Funding Insights of Rototec Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $200,515
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First Round
First Round
(01 Jan 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Grant - Rototec Group | 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 Rototec Group
Rototec Group has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Formica. 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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Venture capital fund investing in multiple sectors
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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 Rototec 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 - Rototec 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 |
Rototec Group Comparisons
Competitors of Rototec Group
| 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 Rototec Group
When was Rototec Group founded?
Rototec Group was founded in 2007 and raised its 1st funding round 16 years after it was founded.
Where is Rototec Group located?
Rototec Group is headquartered in Scandinavia, United States. It is registered at Scandinavia, Wisconsin, United States.
Who is the current CEO of Rototec Group?
Alexej Von Bagh is the current CEO of Rototec Group.
What does Rototec Group do?
Rototec Group was founded in 2007 as a provider of HVAC system installation and repair services. Operations are conducted in Scandinavia and the United States, focusing on the heating, ventilation, and air conditioning sector. Services encompass system setup, maintenance, and troubleshooting for commercial and residential clients. The company is led by CEO Alexej Von Bagh, with activities centered on reliable infrastructure support across its regions.
What products or services does Rototec Group offer?
Rototec Group offers Geoenergy Fields and Consulting Services.
Who are Rototec Group's investors?
Rototec Group has 2 investors. Key investors include European Union, and Formica.