SHUTE Sensing Solutions

Kvistgard, Denmark Founded: 2015 • Age: 11 yrs
Novel polymer optical fiber sensor system
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About SHUTE Sensing Solutions

SHUTE Sensing Solutions is a company based in Kvistgard (Denmark) founded in 2015.. The company has 5 employees as of November 30, 2024. SHUTE Sensing Solutions offers products and services including ConcDry® and Polymer Optical Fiber Sensors. SHUTE Sensing Solutions operates in a competitive market with competitors including Sick, DarkPulse Technologies, Fibersail, ElFys and Berxel, among others.

  • Headquarter Kvistgard, Denmark
  • Employees 5 as on 30 Nov, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name ​Shute Sensing Solutions A/S
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $56.9 K (USD), Grant

    Feb 28, 2019

  • Investors
  • Employee Count
    5

    as on Nov 30, 2024

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Products & Services of SHUTE Sensing Solutions

SHUTE Sensing Solutions offers a comprehensive portfolio of products and services, including ConcDry® and Polymer Optical Fiber Sensors. 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.

Primary

Monitors moisture in concrete for optimized construction drying timelines.

Measures strain, humidity, and temperature in embedded materials for industrial use.

Funding Insights of SHUTE Sensing Solutions

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $56,902
  • First Round

    (01 Sep 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2019 Amount Grant - SHUTE Sensing Solutions Valuation

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Sep, 2018 Amount Grant - SHUTE Sensing Solutions Valuation

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Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in SHUTE Sensing Solutions

SHUTE Sensing Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SHUTE Sensing Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SHUTE Sensing Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shute Sensing Solutions Comparisons

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Competitors of SHUTE Sensing Solutions

SHUTE Sensing Solutions 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 Sick, DarkPulse Technologies, Fibersail, ElFys and Berxel, 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
Sensors are manufactured for industrial monitoring and automation applications.
domain founded_year HQ Location
Fiber optic sensors are supplied for industrial monitoring applications.
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Developer of monitoring systems for wind turbine blades
domain founded_year HQ Location
Ultraviolet sensitive photodiodes are manufactured using patented induced junction technology.
domain founded_year HQ Location
High-speed HDMI optical transmission solutions are developed for extended distances.
domain founded_year HQ Location
Optical MEMS sensors for acceleration, pressure, and sound are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Shute Sensing Solutions

Frequently Asked Questions about SHUTE Sensing Solutions

When was SHUTE Sensing Solutions founded?

SHUTE Sensing Solutions was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is SHUTE Sensing Solutions located?

SHUTE Sensing Solutions is headquartered in Kvistgard, Denmark.

Who is the current CEO of SHUTE Sensing Solutions?

Bjorn Andersen is the current CEO of SHUTE Sensing Solutions.

How many employees does SHUTE Sensing Solutions have?

As of Nov 30, 2024, the latest employee count at SHUTE Sensing Solutions is 5.

What does SHUTE Sensing Solutions do?

Shute Sensing Solutions is a spin-out company from the Department of Photonics Engineering at the Technical University of Denmark. It develops novel polymer optical fiber sensor system, which enables real-time monitoring of strain, humidity, and temperature in points along an optical fiber. The technology is compatible with existing current sensing systems like Fiber Bragg Gratings (FBGs) and can be integrated with hard and soft materials.

Who are the top competitors of SHUTE Sensing Solutions?

SHUTE Sensing Solutions's top competitors include Sick, ElFys and DeeDiim.

What products or services does SHUTE Sensing Solutions offer?

SHUTE Sensing Solutions offers ConcDry® and Polymer Optical Fiber Sensors.

Who are SHUTE Sensing Solutions's investors?

SHUTE Sensing Solutions has 2 investors. Key investors include European Union, and EIC Fund.

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