About Setem Tech
Setem Tech is a company based in Newbury (United Kingdom) founded in 2012 was acquired by XMOS in July 2017.. Setem Tech has raised $4.11 million across 4 funding rounds from investors including XMOS. The company has 8 employees as of December 31, 2017. Setem Tech operates in a competitive market with competitors including Sanas, Audiotelligence, Zhengzhou Lingban Intelligent Technology, Power Voice and Shenzhen Hao Pigeon Technology, among others.
- Headquarter Newbury, United Kingdom
- Employees 8 as on 31 Dec, 2017
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Xmos Inc.
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Funding Insights of Setem Tech
Setem Tech has successfully raised a total of $4.11M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $851 thousand completed in January 2016. 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 4
- Last Round Series A — $851,000
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First Round
First Round
(12 Jul 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - Setem Tech | Valuation |
investors |
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| Feb, 2015 | Amount | Series A - Setem Tech | Valuation |
investors |
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| Jul, 2013 | Amount | Series A - Setem Tech | 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 Setem Tech
Setem Tech has secured backing from 1 investor. Prominent investors backing the company include XMOS. 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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XMOS is engaged in developing AI and IoT processing solutions.
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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 Setem Tech
| 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 - Setem Tech
| 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 |
Setem Tech Comparisons
Competitors of Setem Tech
Setem Tech 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 Sanas, Audiotelligence, Zhengzhou Lingban Intelligent Technology, Power Voice and Shenzhen Hao Pigeon Technology, 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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| domain | founded_year | HQ Location |
Sanas is focused on real-time speech understanding technology.
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| domain | founded_year | HQ Location |
Delivers advanced solutions for speech separation technology.
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| domain | founded_year | HQ Location |
AI-based speech recognition and synthesis solutions are provided.
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| domain | founded_year | HQ Location |
Hardware and software for voice recognition applications are developed.
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| domain | founded_year | HQ Location |
AI-based platform is provided for call center communications.
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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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Frequently Asked Questions about Setem Tech
When was Setem Tech founded?
Setem Tech was founded in 2012.
Where is Setem Tech located?
Setem Tech is headquartered in Newbury, United Kingdom. It is registered at Newbury, England, United Kingdom.
Is Setem Tech a funded company?
Setem Tech is a funded company, having raised a total of $4.11M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.71M, raised on Jul 12, 2012.
How many employees does Setem Tech have?
As of Dec 31, 2017, the latest employee count at Setem Tech is 8.
What does Setem Tech do?
Setem has developed Signal Separation technology that can focus on a specific speech source and remove background noise from the audio stream. This technology finds its applications in voice command systems, hearing aids, cell phones, headsets and other microphone dependent devices services. The company is based on a strong IP base. The platform also works with multiple sources. The Technology is licensed to OEMs and other audio equipment companies.
Who are the top competitors of Setem Tech?
Setem Tech's top competitors include Sanas, Zhengzhou Lingban Intelligent Technology and Power Voice.
Who are Setem Tech's investors?
Setem Tech has 1 investor. Key investors include XMOS.
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