About Soiltech
Soiltech is a company based in Tananger (Norway) founded in 2011. It operates as a Managed Services, and Product-as-a-Service. Soiltech offers products and services including Slop Treatment Technology (STT®), Cuttings Treatment Technology (CTT®), STT Purifier, Swarf Removal System (SRS), and Biodegradable Chemicals (Sorbfloc®). Soiltech operates in a competitive market with competitors including Gradiant, Evoqua, Wase, BWT and ElectraMet, among others.
- Headquarter Tananger, Norway
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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 Soiltech As
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Annual Revenue
$18.61 M (USD)30as on Dec 31, 2022
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Net Profit
$1.53 M (USD)35as on Dec 31, 2022
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EBITDA
$1.96 M (USD)32as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Soiltech
Soiltech offers a comprehensive portfolio of products and services, including Slop Treatment Technology (STT®), Cuttings Treatment Technology (CTT®), STT Purifier, Swarf Removal System (SRS), and Biodegradable Chemicals (Sorbfloc®). 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.
Slop water is treated to recover resources efficiently.
Drill cuttings are processed using patented mechanical technology.
Contaminated water is purified for various safe uses.
Steel fragments are removed to reuse drilling fluids.
Water is treated with biodegradable chemicals for reuse.
Funding Insights of Soiltech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2012 | Amount | Series A - Soiltech | 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 |
investors |
Investors in Soiltech
Soiltech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Equinor. 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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Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
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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 Soiltech
| 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 - Soiltech
| 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 |
Soiltech Comparisons
Competitors of Soiltech
Soiltech 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 Gradiant, Evoqua, Wase, BWT and ElectraMet, 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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Industrial water treatment solutions and technologies are provided.
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Water treatment solutions, including deionization and equipment refurbishing, are provided.
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Modular electro-methanogenic biogas technology is developed for waste streams.
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BWT is recognized as a leading water technology company.
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Advanced wastewater treatment systems for metal recovery are provided.
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Delivers comprehensive wastewater treatment solutions for environmental sustainability.
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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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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 Soiltech
Frequently Asked Questions about Soiltech
When was Soiltech founded?
Soiltech was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Soiltech located?
Soiltech is headquartered in Tananger, Norway. It is registered at Tananger, Rogaland, Norway.
Who is the current CEO of Soiltech?
Jan Erik Tveteraas is the current CEO of Soiltech.
What is the annual revenue of Soiltech?
Annual revenue of Soiltech is $18.61M as on Dec 31, 2022.
What does Soiltech do?
Soiltech is involved in providing innovative cleantech solutions for the treatment, recycling, and sustainable handling of contaminated water and solid industrial waste. Services are offered across sectors like oil and gas, aquaculture, and municipal industries. Proprietary technologies are designed, built, and operated by the company, often on customer sites. Solutions include biodegradable chemicals and systems for slop treatment, cuttings handling, and water purification, contributing to a greener future through reduced waste and environmental impact.
Who are the top competitors of Soiltech?
Soiltech's top competitors include Gradiant, Wase and Saltworks Technologies.
What products or services does Soiltech offer?
Soiltech offers Slop Treatment Technology (STT®), Cuttings Treatment Technology (CTT®), STT Purifier, Swarf Removal System (SRS), and Biodegradable Chemicals (Sorbfloc®).
Who are Soiltech's investors?
Soiltech has 1 investor. Key investors include Equinor.
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