About SCiBreak
SCiBreak is a company based in Stockholm (Sweden) founded in 2014 was acquired by Mitsubishi Electric in February 2023.. SCiBreak offers products and services including VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker. SCiBreak operates in a competitive market with competitors including Atom Power, Blixt, Trayer, Fanox and GridON, 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 Scibreak Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$811.53 K (USD), Grant
Oct 01, 2020
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Investors
Mitsubishi Electric
& 1 more
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Employee Count
Employee Count
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Acquired by
Mitsubishi Electric
(Feb 16, 2023)
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Products & Services of SCiBreak
SCiBreak offers a comprehensive portfolio of products and services, including VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker. 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.
High-voltage breakers for DC grids to limit faults and enhance transmission.
Technology for railway and power grids to prevent electrical failures.
Funding Insights of SCiBreak
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $811,533
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First Round
First Round
(01 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - SCiBreak | 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 SCiBreak
SCiBreak has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mitsubishi Electric and 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.
| Investor | Description | 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 | |
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Industrial automation, power systems, and semiconductors are manufactured globally.
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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 SCiBreak
| 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 - SCiBreak
| 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 |
Scibreak Comparisons
Competitors of SCiBreak
SCiBreak 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 Atom Power, Blixt, Trayer, Fanox and GridON, 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 |
Solid-state switching technology is developed for power distribution products.
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| domain | founded_year | HQ Location |
Solid-state circuit breakers are developed for grid management applications.
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| domain | founded_year | HQ Location |
SCADA-based switchgears for distribution automation are manufactured by Trayer.
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| domain | founded_year | HQ Location |
Self-powered relays for overcurrent and earth fault protection are manufactured.
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| domain | founded_year | HQ Location |
Grid reliability is enhanced by fault current limiter technology.
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| 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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Latest news on Scibreak
Frequently Asked Questions about SCiBreak
When was SCiBreak founded?
SCiBreak was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is SCiBreak located?
SCiBreak is headquartered in Stockholm, Sweden.
What does SCiBreak do?
SCiBreak was founded in 2014 in Stockholm, Sweden, focusing on power grid protection technology. Hybrid switches are developed that integrate power semiconductors with mechanical breaking elements to interrupt faults in under tens of milliseconds. Short-circuit issues in AC and DC systems are addressed rapidly, minimizing disruptions and preventing equipment damage. Operations center on innovative circuit breaker solutions for reliable energy distribution.
Who are the top competitors of SCiBreak?
SCiBreak's top competitors include Atom Power, Blixt and Trayer.
What products or services does SCiBreak offer?
SCiBreak offers VARC Circuit Breakers and Fault Current-Limiting Circuit Breaker.
Who are SCiBreak's investors?
SCiBreak has 2 investors. Key investors include Mitsubishi Electric, and European Union.