About Smarteq
Smarteq is a company based in Taby (Sweden) founded in 1996 was acquired by PCTEL in May 2021.. Smarteq operates in a competitive market with competitors including Borqs, NNG, PATEO, Carbit and Alpine, among others.
- Headquarter Taby, Sweden
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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
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- Legal Name Smarteq Wireless Ab
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Funding Insights of Smarteq
| 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 Smarteq
Smarteq has secured backing from 1 investor. Prominent investors backing the company include PCTEL. 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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Antennas and RF testing solutions provider
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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 Smarteq
| 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 - Smarteq
| 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 |
Smarteq Comparisons
Competitors of Smarteq
Smarteq 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 Borqs, NNG, PATEO, Carbit and Alpine, 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 |
Borqs is recognized as a global leader in IoT solutions.
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| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Saas & AI enabled infotainment solutions for connected vehicles
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| domain | founded_year | HQ Location |
In-vehicle infotainment systems and driving apps are provided.
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| domain | founded_year | HQ Location |
Car audio and navigation/infotainment systems are developed by Alpine.
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| domain | founded_year | HQ Location |
Commercial Transportation, Travel & Mobile Resource Management
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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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Latest news on Smarteq
Frequently Asked Questions about Smarteq
When was Smarteq founded?
Smarteq was founded in 1996.
Where is Smarteq located?
Smarteq is headquartered in Taby, Sweden.
Who is the current CEO of Smarteq?
Yasemin Heper Martensson is the current CEO of Smarteq.
What is the annual revenue of Smarteq?
Annual revenue of Smarteq is $5.85M as on Dec 31, 2020.
What does Smarteq do?
The company was founded in 1996 in Täby, Sweden, where operations center on the production of antennas for the automotive sector. High-performing antennas are supplied to the aftermarket, with additional services extended to the energy industry. Focus is placed on manufacturing processes that support these sectors, ensuring reliable antenna solutions for various applications.
Who are Smarteq's investors?
Smarteq has 1 investor. Key investors include PCTEL.
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