About Sovex
Sovex is a company based in Birkenhead (United Kingdom) founded in 2002, and was acquired by Transnorm in August 2015. Manufacturer and services provider of material handling products.
Company details
Sovex was established in 2002 in Birkenhead, United Kingdom, as a manufacturer of material handling equipment and storage solutions. Vehicle loading systems, conveyor systems, automated tool dispensing equipment, and telescopic boom conveyors are produced by the company. On-site surveys and technical support are also provided. Operations function as a subsidiary of Transnorm Beteiligungen within the industrial sector focused on logistics and warehousing.
- Headquarters Birkenhead, United Kingdom
- Stage Acquired
- Website sovexsystems.com
- Social LinkedIn X
- Acquired by Transnorm (Aug 2015)
Funding Insights of Sovex
- Total Rounds 3
- Last Round Debt – Venture — $1.11M
- First Round $592,116
(May 2008)
- Investors Count 1
All 3 funding rounds of Sovex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2013 | $1.11M | Debt – Venture | – | – | |
| Apr 2010 | $148,029 | Debt – Venture | – | – | – |
| May 2008 | $592,116 | Debt – Venture | – | – |
2 investors in total: 2 institutional.
Investors in Sovex
Sovex has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Transnorm and Merseyside Special Investment Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A fund focused on supporting SMEs with alternative finance. | msif.co.uk | Liverpool, United Kingdom | ||
Classic hits radio programming and local event details are provided. | 1957 | transnorm.com | Kluang, Malaysia |
Investor details for Sovex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Sovex
4 dated milestones of Sovex across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Sovex is founded.
- Funding First funding round of $592K.
- Funding Latest funding round, Debt – Venture, of $1.1M.
- Exit Acquired by Transnorm.
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Frequently Asked Questions about Sovex
Sovex was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Sovex is headquartered in Birkenhead, United Kingdom. It is registered at Birkenhead, Merseyside, United Kingdom.
Sovex was established in 2002 in Birkenhead, United Kingdom, as a manufacturer of material handling equipment and storage solutions. Vehicle loading systems, conveyor systems, automated tool dispensing equipment, and telescopic boom conveyors are produced by the company. On-site surveys and technical support are also provided. Operations function as a subsidiary of Transnorm Beteiligungen within the industrial sector focused on logistics and warehousing.
Sovex has 2 investors. Key investors include Transnorm, and Merseyside Special Investment Fund.
Yes. Sovex was acquired by Transnorm in August 2015.