About Sovello
Sovello is a company based in Bitterfeld-wolfen (Germany) founded in 2005 was acquired by VM Capital in February 2010.. Sovello operates in a competitive market with competitors including Hanwha, Pennar, Otovo, GCL Technology Holdings and Astronergy, among others.
- Headquarter Bitterfeld-wolfen, Germany
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sovello 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
- Investors
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Employee Count
Employee Count
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Acquired by
VM Capital
(Feb 05, 2010)
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Funding Insights of Sovello
| 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 Sovello
Sovello has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include VM Capital. 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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VM Capital is engaged in managing family wealth through investments.
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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 Sovello
| 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 - Sovello
| 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 |
Sovello Comparisons
Competitors of Sovello
Sovello 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 Hanwha, Pennar, Otovo, GCL Technology Holdings and Astronergy, 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 |
Manufacturer of solar cells, modules, and other related components
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Precision-engineered products and building solutions are manufactured.
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| domain | founded_year | HQ Location |
Homeowners are connected to solar panel installers via a marketplace.
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Poly silicon and wafer products are manufactured by the company.
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| domain | founded_year | HQ Location |
Solar PV modules are manufactured by Astronergy in Haining, China.
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Solar photovoltaic module components are manufactured and supplied globally.
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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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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 Sovello
When was Sovello founded?
Sovello was founded in 2005.
Where is Sovello located?
Sovello is headquartered in Bitterfeld-wolfen, Germany. It is registered at Bitterfeld-wolfen, Sachsen-anhalt, Germany.
What does Sovello do?
Sovello was founded in 2005 and is headquartered in Bitterfeld Wolfen, Germany. Operations are centered on the production of solar wafers, cells, and module components within the renewable energy sector. Essential parts for photovoltaic systems are supplied through these manufacturing activities. The companys focus remains on supporting solar technology assembly, with facilities based in Germany to serve European and global markets.
Who are the top competitors of Sovello?
Sovello's top competitors include Pennar, Astronergy and SGL Carbon.
Who are Sovello's investors?
Sovello has 1 investor. Key investors include VM Capital.