About Selas Heat Technology
Selas Heat Technology is a company based in Streetsboro (United States) founded in 1896 was acquired by Lionheart Ventures in March 2005.. Selas Heat Technology has raised $1 million across 1 funding round from investors including Lionheart Ventures. Selas Heat Technology has completed 2 acquisitions, including Maxsys Fuel Systems and Webster Engineering.
- Headquarter Streetsboro, United States
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Email
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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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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Unspecified
Jan 24, 2014
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Maxsys Fuel Systems
& 1 more
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Acquired by
Lionheart Ventures
(Mar 01, 2005)
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Funding Insights of Selas Heat Technology
Selas Heat Technology has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1 million completed in January 2014. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $1.0M
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First Round
First Round
(24 Jan 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Unspecified - Selas Heat Technology | Valuation |
investors |
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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 Selas Heat Technology
Selas Heat Technology has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lionheart Ventures. 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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A venture capital firm focused on transformative technologies is operated.
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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 Selas Heat Technology
Selas Heat Technology has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Maxsys Fuel Systems and Webster Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Energy-saving equipment for pre-treating fuel in combustion systems is manufactured.
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2003 | ||||
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Boiler burners are manufactured for industrial applications.
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1975 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Selas Heat Technology
| 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 |
Selas Heat Technology Comparisons
Competitors of Selas Heat Technology
| 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 Selas Heat Technology
When was Selas Heat Technology founded?
Selas Heat Technology was founded in 1896 and raised its 1st funding round 118 years after it was founded.
Where is Selas Heat Technology located?
Selas Heat Technology is headquartered in Streetsboro, United States. It is registered at Streetsboro, Ohio, United States.
Is Selas Heat Technology a funded company?
Selas Heat Technology is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1M, raised on Jan 24, 2014.
What does Selas Heat Technology do?
Selas Heat Technology was founded in 1896 and is headquartered in Streetsboro, United States. Operations focus on the design and production of industrial gas burners and combustion systems within the heat technology sector. These systems are supplied to support processes in manufacturing and energy applications across domestic and international markets. The company maintains a presence through its domain, selas.com, for technical resources and inquiries.
How many acquisitions has Selas Heat Technology made?
Selas Heat Technology has made 2 acquisitions, including Maxsys Fuel Systems, and Webster Engineering.
Who are Selas Heat Technology's investors?
Selas Heat Technology has 1 investor. Key investors include Lionheart Ventures.