About Scitec Nutrition
Scitec Nutrition is a company based in Budapest (Hungary) founded in 1996 was acquired by BioTechUSA in April 2020.. Scitec Nutrition operates in a competitive market with competitors including MagMaxx and Absorice Hungary, among others.
- Headquarter Budapest, Hungary
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Ascendis Health
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Scitec Nutrition
- 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 |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Private Equity Round - Scitec Nutrition | 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 Scitec Nutrition
Scitec Nutrition has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ascendis Health, Enterprise Investors and BioTechUSA. 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 investments in Europe are managed by the firm.
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Consumer brands, pharmaceuticals, and veterinary products are provided across sectors.
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Operates an online store for purchasing supplements and fitness products.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Scitec Nutrition
| 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 - Scitec Nutrition
| 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 |
Scitec Nutrition Comparisons
Competitors of Scitec Nutrition
Scitec Nutrition 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 MagMaxx and Absorice Hungary, 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 |
MagMaxx is a brand specializing in high-quality nutrition supplements for consumers.
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| domain | founded_year | HQ Location |
Serves as a brand specializing in protein powder products.
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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 Scitec Nutrition
Frequently Asked Questions about Scitec Nutrition
When was Scitec Nutrition founded?
Scitec Nutrition was founded in 1996 and raised its 1st funding round 16 years after it was founded.
Where is Scitec Nutrition located?
Scitec Nutrition is headquartered in Budapest, Hungary.
What does Scitec Nutrition do?
Scitec Nutrition was founded in 1996 in Budapest, Hungary, within the nutraceuticals sector. Branded products are produced and distributed, encompassing categories such as weight gainer shakes, pre-workout formulas, creatines, amino acids, weight control formulas, L-carnitines, functional foods, vitamins, minerals, and glucosamine items. An overall portfolio of approximately 30 products is maintained, with operations focused on manufacturing and marketing.
Who are the top competitors of Scitec Nutrition?
Scitec Nutrition's top competitors include MagMaxx and Absorice Hungary.
Who are Scitec Nutrition's investors?
Scitec Nutrition has 3 investors. Key investors include Ascendis Health, Enterprise Investors, and BioTechUSA.