About STEAG
STEAG is a company based in Essen (Germany) founded in 1937 was acquired by Asterion Industrial in August 2023.. STEAG offers products and services including Photovoltaics, Wind Energy, Hydrogen Solutions, and Energy Storage. STEAG operates in a competitive market with competitors including EnBW, Skyborn Renewables, HH2E, Caeli Wind and Fichtner, among others.
- Headquarter Essen, Germany
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Steag Gmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$3.46 M (USD), Grant
Dec 08, 2021
-
Investors
Asterion Industrial
& 2 more
-
Employee Count
Employee Count
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of STEAG
STEAG offers a comprehensive portfolio of products and services, including Photovoltaics, Wind Energy, Hydrogen Solutions, and Energy Storage. 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.
Solar power systems for generating electricity from sunlight
Wind power solutions for sustainable electricity production
Hydrogen technologies for storing and utilizing clean energy
Battery systems for stabilizing electricity and heat supply
Unlock access to complete
Unlock access to complete
Funding Insights of STEAG
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $3.5M
-
First Round
First Round
(08 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - STEAG | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in STEAG
STEAG has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Asterion Industrial, BAFA and Kantonsschule am Burggraben. 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 |
|---|---|---|---|---|
|
Business and energy news is delivered via an online platform.
|
Founded Year | Domain | Location | |
|
Industrial investments are managed by the firm in Spain.
|
Founded Year | Domain | Location | |
|
Secondary education is provided at Kantonsschule am Burggraben.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by STEAG
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - STEAG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Steag Comparisons
Competitors of STEAG
STEAG 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 EnBW, Skyborn Renewables, HH2E, Caeli Wind and Fichtner, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Renewable energy production and supply services are provided by EnBW.
|
|
| domain | founded_year | HQ Location |
Offshore wind energy projects are developed by Skyborn Renewables.
|
|
| domain | founded_year | HQ Location |
Solar and wind energy projects are developed across various sites.
|
|
| domain | founded_year | HQ Location |
Wind energy projects are developed by Caeli Wind in Germany.
|
|
| domain | founded_year | HQ Location |
Fichtner is recognized as a leading independent engineering and consulting firm focused on energy and infrastructure projects worldwide.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Steag
Frequently Asked Questions about STEAG
When was STEAG founded?
STEAG was founded in 1937 and raised its 1st funding round 84 years after it was founded.
Where is STEAG located?
STEAG is headquartered in Essen, Germany. It is registered at Essen, North Rhine-westphalia, Germany.
What does STEAG do?
STEAG was founded in 1937 and is headquartered in Essen, Germany. Operations are centered on the development of renewable energy initiatives, with a focus on wind power and bioenergy projects. Services encompass project planning, construction, and management within the energy sector. Activities are conducted primarily in Europe, supporting sustainable energy production through established infrastructure and expertise in green technologies.
Who are the top competitors of STEAG?
STEAG's top competitors include EnBW, Skyborn Renewables and HH2E.
What products or services does STEAG offer?
STEAG offers Photovoltaics, Wind Energy, Hydrogen Solutions, and Energy Storage.
Who are STEAG's investors?
STEAG has 3 investors. Key investors include Asterion Industrial, BAFA, and Kantonsschule am Burggraben.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.