SPINEA

Presov, Slovakia Founded: 2000 • Age: 26 yrs Acquired By Timken
Actuators and gear products are designed and manufactured.

About SPINEA

SPINEA is a company based in Presov (Slovakia) founded in 2000 was acquired by Timken in April 2022. SPINEA operates in a competitive market with competitors including Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.

Key Metrics
  • Latest Funding Round
    $2.65K (USD), Grant

    Feb 2024

  • Investors
    Timken

    & 2 more

  • Acquired by
    Timken

    (Apr 2022)

Apps and channels of SPINEA

its YouTube channel SPINEA has 193 subscribers and 17 videos.

SPINEA
YouTube 193 subscribers 17 videos Film & Animation
Open channel

Videos from SPINEA

The most watched videos on SPINEA's YouTube channel, SPINEA (193 subscribers). Click a video to play it here.

SPINEA TwinSpin® and DriveSpin® - funkcional principe
8.7K views
SPINEA TwinSpin Gear T series
7.5K views
SPINEA 1994 - 2019
2.5K views
SPINEA® - 2021
1.8K views

More on SPINEA.

Funding Insights of SPINEA

  • Total Rounds 12
  • Last Round Grant — $2,646
  • First Round $137,199

    (Jan 2017)

  • Investors Count 2

Latest 10 of 12 funding rounds of SPINEA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$2,646Grant––
Oct 2023$1,611Grant––
Aug 2023$2,850Grant––
Jun 2023$4,214Grant––
May 2023$5,555Grant––
Apr 2023$3,992Grant––
May 2022$36,147Grant––
Jun 2021$101,429Grant––
Dec 2020$723,128Grant––
Sep 2020$626,889Grant––
Valuation history

3 investors in total: 3 institutional.

Investors in SPINEA

SPINEA has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Timken, European Union and Slovak Investment Holding.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment funding is provided to innovative companies in Slovakia.
–sih.skBratislava, Slovakia
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Power transmission products are manufactured and supplied globally.
1899timken.comNorth Canton, United States
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Investor details for SPINEA

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 SPINEA

4 dated milestones of SPINEA across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded SPINEA is founded.
  2. Funding First funding round of $137K.
  3. Exit Acquired by Timken.
  4. Funding Latest funding round, Grant, of $3K.

Competitors of SPINEA

SPINEA 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 Honeywell, CG Power & Industrial Solutions, Schneider Electric, Danfoss and Emerson, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
honeywell.com1885United States$1.13M–
Diversified electronics and automation equipment are manufactured and supplied.
cgglobal.com1937Mumbai, India–3,415
Manufacturer of Industrial and Consumer Electric Equipment
se.com1836––176,962
Energy management and automation solutions are provided globally.
danfoss.com1933Nordborg, Denmark$41.22M27,491
Manufacturer of energy efficiency products
emerson.com1890St. Louis, United States––
Automation and engineering services are provided for multiple industries.
rockwellautomation.com1903Milwaukee, United States–29,000
Industrial automation and information systems are provided to global industries.
global.abb1988United States–2,581
ABB Group is engaged in industrial automation and energy solutions.
vesuvius.com1704London, United Kingdom–11,190
Industrial metal components are manufactured for various sectors.
parker.com1917United States–61,120
Motion and control technologies are distributed globally by Parker.
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Detailed competitors of SPINEA

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SPINEA

The website of SPINEA (spinea.com) receives about 4K visits a month.

  • Monthly visits
    4K

    ▲ 77.6% vs previous month

Similar websites

Websites whose visitors overlap most with SPINEA. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gamweb.com
gamweb.com
100%
–#1,646,503–
diequa.com
100%
–#8,431,990View details
conedrive.com
98%
11.3K#2,058,342View details

Latest news on Spinea

Timken acquires Slovakian manufacturer
Crainscleveland • 4 years ago
Premium access

Complete news archive for SPINEA

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to SPINEA

10 companies that operate in the same segment as SPINEA (Industrial Automation & Robotics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of LiDAR-based sensors
2002San Francisco, California, United StatesUSD 129 MUSD 169.38 M192
Diversified electronics and automation equipment are manufactured and supplied.
1885United StatesUSD 1.13 MUSD 37.44 B6,810
Manufacturer of Industrial and Consumer Electric Equipment
1937Mumbai, Maharashtra, India–USD 1.32 B4,840
AI and SaaS-based robots for warehouse automation are provided.
2012Roswell, United StatesUSD 545.23 MUSD 39.76 M553
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Energy management and automation solutions are provided globally.
1836Rueil-malmaison, Hauts-de-seine, France–USD 39.63 B2,020
AI-enabled autonomous vehicles are developed for local goods deliveries.
2016Menlo Park, California, United StatesUSD 2.34 B––
Robotic waterjet system for prostate tissue removal is developed.
2009Redwood City, California, United StatesUSD 348.84 MUSD 308.05 M756
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M–73
Collaborative surgical robotic systems are provided for hospital procedures.
2014Cambridge, Cambridgeshire, United KingdomUSD 1.32 B––
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Frequently Asked Questions about SPINEA

SPINEA was founded in 2000 and raised its 1st funding round 17 years after it was founded.

SPINEA is headquartered in Presov, Slovakia. It is registered at Presov, Presov Region, Slovakia.

SPINEA was founded in 2000 in Presov, Slovakia, where operations in the mechanical engineering sector are centered. Actuators and gear products are designed and manufactured for industrial applications. The companys activities encompass precision engineering processes, with a focus on component production for automation and robotics. The domain spinea.com serves as the primary online presence. Geographic operations remain based in Slovakia, supporting European and global distribution networks.

SPINEA's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.

SPINEA has 3 investors. Key investors include Timken, European Union, and Slovak Investment Holding.

SPINEA operates through Wg Company S.R.O..

Yes. SPINEA was acquired by Timken in April 2022.

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