About Skytanking
Skytanking is a company based in Hamburg (Germany) founded in 2001 was acquired by PrimeFlight in January 2021.. Skytanking has completed 1 acquisition, including Star Handling. Skytanking offers products and services including Into-Plane Fuelling and Ground Handling.
- Headquarter Hamburg, Germany
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Skytanking Holding Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$667.65 K (USD), Grant
Sep 22, 2022
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Investors
European Union
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
PrimeFlight
(Jan 08, 2021)
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Products & Services of Skytanking
Skytanking offers a comprehensive portfolio of products and services, including Into-Plane Fuelling and Ground Handling. 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.
Into-plane fuelling services are offered at airports worldwide to ensure safe and efficient aircraft refuelling.
Ground handling services are provided to assist with aircraft operations at various airports.
Funding Insights of Skytanking
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $667,652
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First Round
First Round
(01 Nov 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Skytanking | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - Skytanking | 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 Skytanking
Skytanking has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, IFB Hamburg and PrimeFlight. 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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News portal for private banking and investment sectors is operated.
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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 | |
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Aviation services for aircraft, passengers, and security are provided.
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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 Skytanking
Skytanking has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Star Handling. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Ground handling, passenger, and air-side services are provided at airports.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Skytanking
| 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 |
Skytanking Comparisons
Competitors of Skytanking
| 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 Skytanking
When was Skytanking founded?
Skytanking was founded in 2001 and raised its 1st funding round 20 years after it was founded.
Where is Skytanking located?
Skytanking is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Who is the current CEO of Skytanking?
Gerard Reumer is the current CEO of Skytanking.
What does Skytanking do?
Skytanking was established in 2001 in Hamburg, Germany, as a provider in the aviation sector. Fuelling services for aircraft are delivered at international airports, with operations centered on into-plane refuelling for commercial and private flights. Support is extended to airlines and ground handlers across Europe and beyond. The company is led by CEO Gerard Reumer, ensuring compliance with aviation standards.
What products or services does Skytanking offer?
Skytanking offers Into-Plane Fuelling and Ground Handling.
How many acquisitions has Skytanking made?
Skytanking has made 1 acquisition, including Star Handling.
Who are Skytanking's investors?
Skytanking has 3 investors. Key investors include European Union, IFB Hamburg, and PrimeFlight.
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