About SaltX Technology
SaltX Technology is a company based in Stockholm (Sweden) founded in 2001. SaltX Technology has raised $16.6 million across 5 funding rounds from investors including European Union, EIC Fund and Northzone. SaltX Technology has completed 1 acquisition, including SunCool. SaltX Technology offers products and services including Electric Arc Calciner and ZEQL. SaltX Technology operates in a competitive market with competitors including Aquion Energy, Halotechnics, BenAn Energy Technology, Salgenx and UNE, among others.
- Headquarter Stockholm, Sweden
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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
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- Legal Name Saltx Technology Holding Ab
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Annual Revenue
$3.62 M (USD)53.61as on Dec 31, 2024
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Net Profit
-$5.12 M (USD)-15.69as on Dec 31, 2024
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EBITDA
-$5.53 M (USD)-77.51as on Dec 31, 2024
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Total Equity Funding
$16.6 M (USD)
in 5 rounds
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Latest Funding Round
$2.23 M (USD), Grant
Jun 30, 2020
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Investors
European Union
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of SaltX Technology
SaltX Technology offers a comprehensive portfolio of products and services, including Electric Arc Calciner and ZEQL.
Replaces fossil fuels with electric plasma for industrial heating processes.
Enables zero-emission quicklime manufacturing through innovative electrification methods.
People of SaltX Technology
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Funding Insights of SaltX Technology
SaltX Technology has successfully raised a total of $16.6M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $2.23 million completed in June 2020. 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.
Investors in SaltX Technology
SaltX Technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Northzone.
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Government agency and accelerator focusing on innovative startups and SMEs
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Early-stage startups are funded by Northzone venture capital.
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Investor details for SaltX Technology
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Investments & Acquisitions by SaltX Technology
SaltX Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SunCool.
Investment portfolio details for SaltX Technology
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar thermal collectors for heating and cooling are developed.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for SaltX Technology
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Financial Statements - SaltX Technology
Detailed financials for SaltX Technology
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Saltx Technology Comparisons
Peer comparison for SaltX Technology
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Competitors of SaltX Technology
SaltX Technology 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 Aquion Energy, Halotechnics, BenAn Energy Technology, Salgenx and UNE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Aqueous hybrid ion batteries are developed for sustainable energy storage.
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Enables design of electric vehicles and shares automotive news and tips.
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Aqueous sodium-ion battery storage systems are manufactured for energy applications.
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Develops saltwater flow batteries for renewable energy storage and consulting services.
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Energy storage solutions based on salt batteries are provided.
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Detailed competitors of SaltX Technology
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Latest news on Saltx Technology
Complete news archive for SaltX Technology
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Frequently Asked Questions about SaltX Technology
SaltX Technology was founded in 2001 and raised its 1st funding round 7 years after it was founded.
SaltX Technology is headquartered in Stockholm, Sweden.
SaltX Technology is a funded company, having raised a total of $16.6M across 5 funding rounds to date.
Annual revenue of SaltX Technology is $3.62M as on Dec 31, 2024.
SaltX Technology was founded in 2001 in Stockholm, Sweden, within the energy storage sector. Saltwater is utilized to store energy in salt crystals, which is then converted for heating and cooling purposes. Operations focus on reducing energy use in applications such as water heaters, vehicle air conditioning, and solar thermal systems. Products include HeatBoost for boilers, Verdacc for trucks and buses, and CoolStore for co-generation engines.
SaltX Technology's top competitors include Aquion Energy, DDMotion and BenAn Energy Technology.
SaltX Technology offers Electric Arc Calciner and ZEQL.
SaltX Technology has made 1 acquisition, including SunCool.
SaltX Technology has 4 investors. Key investors include European Union, EIC Fund, Northzone, and Skirner.