About Salcomp
Salcomp is a company based in Salo (Finland) founded in 1975 was acquired by LY iTech in June 2019.. The company has 4,034 employees as of September 30, 2024. Salcomp offers products and services including Charger, Power Supply & Adapter, PV Solution, IoT Solutions, and Design and Manufacturing Services. Salcomp operates in a competitive market with competitors including Powermat, Resonant Link, WiBotic, NuCurrent and Eggtronic, among others.
- Headquarter Salo, Finland
- Employees 4034 as on 30 Sep, 2024
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
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Website
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Social
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- Legal Name Salcomp Plc
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Products & Services of Salcomp
Salcomp offers a comprehensive portfolio of products and services, including Charger, Power Supply & Adapter, PV Solution, IoT Solutions, and Design and Manufacturing 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.
Devices for charging mobile phones and other electronics
Adapters for tablets and notebooks powering devices
Systems for solar power and energy storage
Products for monitoring and sensor applications
End-to-end solutions for electronics production
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Funding Insights of Salcomp
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2013 | Amount | Private Equity Round - Salcomp | Valuation | AP6 |
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| 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 Salcomp
Salcomp has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include EQT, AP6 and Lingyi iTech. 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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Private equity firm investing in multiple sectors
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Founded Year | Domain | Location | |
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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location | |
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One-stop intelligent manufacturing services are provided by Lingyi iTech.
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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 Salcomp
| 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 - Salcomp
| 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 |
Salcomp Comparisons
Competitors of Salcomp
Salcomp 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 Powermat, Resonant Link, WiBotic, NuCurrent and Eggtronic, 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 |
Induction-based wireless charging solutions are provided for mobile devices.
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| domain | founded_year | HQ Location |
Wireless charging solutions are provided via self-resonant structure technology.
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| domain | founded_year | HQ Location |
Wireless charging solutions for industrial robots are provided.
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| domain | founded_year | HQ Location |
High-efficiency antennas for wireless charging are developed and supplied.
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| domain | founded_year | HQ Location |
Semiconductor-based wired and wireless chargers are manufactured by Eggtronic.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Salcomp
Frequently Asked Questions about Salcomp
When was Salcomp founded?
Salcomp was founded in 1975 and raised its 1st funding round 38 years after it was founded.
Where is Salcomp located?
Salcomp is headquartered in Salo, Finland.
Who is the current CEO of Salcomp?
Tony Wu is the current CEO of Salcomp.
How many employees does Salcomp have?
As of Sep 30, 2024, the latest employee count at Salcomp is 4,034.
What does Salcomp do?
Salcomp was established in 1975 in Salo, Finland, within the electronics manufacturing sector. Power supplies and chargers are developed and produced for mobile phones, tablets, cordless phones, Bluetooth headsets, media players, set-top boxes, routers, point-of-sale devices, ultrabooks, and notebooks. Market leadership in mobile phone chargers is maintained. Annual production capacity is set at 520 million units across facilities.
Who are the top competitors of Salcomp?
Salcomp's top competitors include Powermat, NuCurrent and ChargeSpot.
What products or services does Salcomp offer?
Salcomp offers Charger, Power Supply & Adapter, PV Solution, IoT Solutions, and Design and Manufacturing Services.
Who are Salcomp's investors?
Salcomp has 3 investors. Key investors include EQT, AP6, and Lingyi iTech.
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