About Spring Energy
Spring Energy is a company based in Petaling Jaya (Malaysia) founded in 1997 was acquired by Advancecon in June 2021. It operates as a Reseller / Distribution, and Professional Services. Spring Energy offers products and services including Aggregate Supply, Quarry Operation, Asphalt Premixes, and Civil Engineering.
- Headquarter Petaling Jaya, Malaysia
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Spring Energy Sdn Bhd
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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
Advancecon
(Jun 17, 2021)
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Products & Services of Spring Energy
Spring Energy offers a comprehensive portfolio of products and services, including Aggregate Supply, Quarry Operation, Asphalt Premixes, and Civil Engineering. 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.
Aggregates are supplied for construction and infrastructure projects.
Quarry operations are managed for resource extraction purposes.
Asphalt premixes are provided for road construction needs.
Civil engineering services are offered for infrastructure development.
Funding Insights of Spring Energy
| 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 Spring Energy
Spring Energy has secured backing from 1 investor. Prominent investors backing the company include Advancecon. 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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Infrastructure development and civil engineering services are provided.
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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 Spring Energy
| 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 - Spring Energy
| 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 |
Spring Energy Comparisons
Competitors of Spring Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Spring Energy
Frequently Asked Questions about Spring Energy
When was Spring Energy founded?
Spring Energy was founded in 1997.
Where is Spring Energy located?
Spring Energy is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
What does Spring Energy do?
Spring Energy Sdn Bhd is involved in the supply of aggregates and quarry products across Malaysia. The company is focused on quarry operations and the provision of asphalt premixes for construction purposes. Additionally, civil engineering services, including earthwork and roadwork for flexible pavement, are offered. The company operates within the construction materials sector, catering to infrastructure and development projects in the region.
What products or services does Spring Energy offer?
Spring Energy offers Aggregate Supply, Quarry Operation, Asphalt Premixes, and Civil Engineering.
Who are Spring Energy's investors?
Spring Energy has 1 investor. Key investors include Advancecon.