About Sesotec
Sesotec is a company based in Schonberg (Germany) founded in 1976. It operates as a Professional Services, and Direct-to-Consumer (D2C). The company has 27 employees as of March 30, 2024. Sesotec offers products and services including Metal Detection Systems, X-Ray Inspection Systems, and Sorting Systems. Sesotec operates in a competitive market with competitors including Alphavogue, among others.
- Headquarter Schonberg, Germany
- Employees 27 as on 30 Mar, 2024
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Sectors
Environment
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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 Sesotec Group
- Date of Incorporation 02 Apr, 2013
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$2.63 M (USD)23.35as on Mar 31, 2023
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Net Profit
$388.22 K (USD)26.86as on Mar 31, 2023
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EBITDA
$423.36 K (USD)102.76as on Mar 31, 2023
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Latest Funding Round
$557.97 K (USD), Grant
May 20, 2021
- Investors
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Employee Count
27
as on Mar 30, 2024
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Products & Services of Sesotec
Sesotec offers a comprehensive portfolio of products and services, including Metal Detection Systems, X-Ray Inspection Systems, and Sorting Systems. 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.
Metal contaminants are detected using inductive technology solutions.
Foreign objects in food are identified via X-ray.
Materials are sorted for recycling with precision technology.
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Funding Insights of Sesotec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $557,975
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First Round
First Round
(20 May 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Grant - Sesotec | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Sesotec
Sesotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
| 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 Sesotec
| 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 - Sesotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sesotec Comparisons
Competitors of Sesotec
Sesotec 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 Alphavogue, 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 |
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Waste management products are provided for environmental solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sesotec
Frequently Asked Questions about Sesotec
When was Sesotec founded?
Sesotec was founded in 1976 and raised its 1st funding round 45 years after it was founded.
Where is Sesotec located?
Sesotec is headquartered in Schonberg, Germany. It is registered at Schonberg, Bayern, Germany.
Who is the current CEO of Sesotec?
Joachim Schulz is the current CEO of Sesotec.
How many employees does Sesotec have?
As of Mar 30, 2024, the latest employee count at Sesotec is 27.
What is the annual revenue of Sesotec?
Annual revenue of Sesotec is $2.63M as on Mar 31, 2023.
What does Sesotec do?
Sesotec is involved in developing advanced technologies for foreign object detection and material sorting across various industries. Solutions are offered for the food, plastics, and recycling sectors, focusing on enhancing product safety and sustainability. Systems such as metal detectors, X-ray inspection, and sorting equipment are provided to ensure quality and efficiency. The company is committed to supporting a circular economy through innovative industrial automation.
Who are the top competitors of Sesotec?
Sesotec's top competitors include Alphavogue.
What products or services does Sesotec offer?
Sesotec offers Metal Detection Systems, X-Ray Inspection Systems, and Sorting Systems.
Who are Sesotec's investors?
Sesotec has 1 investor. Key investors include European Union.