About Summo Corp
Summo Corp is a company based in Burlington (Canada) founded in 1980, and was acquired by Voestalpine in July 2016. Automotive tubular products, including safety restraints, are manufactured.
Company details
Summo Corp was founded in 1980 as a manufacturer in the automotive sector. Tubular products such as safety restraint systems, seating assemblies, and other assemblies are produced. Operations are maintained in Burlington, Ontario, Canada, and Monterrey, Mexico, supporting the supply of components for vehicle applications. The focus remains on fabrication and assembly processes within these facilities.
- Headquarters Burlington, Canada
- Stage Acquired
- Website summo.com
- Social LinkedIn
- Acquired by Voestalpine (Jul 2016)
- Latest Funding Round$323K (USD), Grant
Jul 2015
- InvestorsVoestalpine
& 1 more
- Acquired byVoestalpine
(Jul 2016)
Funding Insights of Summo Corp
- Total Rounds 1
- Last Round Grant — $323,000
- First Round $323,000
(Jul 2015)
- Investors Count 1
All 1 funding rounds of Summo Corp 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 2015 | $323,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Summo Corp
Summo Corp has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Voestalpine and National Research Council Canada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scientific and technological research is conducted for Canada's benefit. | 1916 | nrc.canada.ca | Ottawa, Canada | |
Steel-based technologies and capital goods are supplied globally. | 1851 | voestalpine.com | Linz, Austria |
Investor details for Summo Corp
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 Summo Corp
3 dated milestones of Summo Corp across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Summo Corp is founded.
- Funding First funding round of $323K.
- Exit Acquired by Voestalpine.
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Frequently Asked Questions about Summo Corp
Summo Corp was founded in 1980 and raised its 1st funding round 35 years after it was founded.
Summo Corp is headquartered in Burlington, Canada. It is registered at Burlington, Ontario, Canada.
Summo Corp was founded in 1980 as a manufacturer in the automotive sector. Tubular products such as safety restraint systems, seating assemblies, and other assemblies are produced. Operations are maintained in Burlington, Ontario, Canada, and Monterrey, Mexico, supporting the supply of components for vehicle applications. The focus remains on fabrication and assembly processes within these facilities.
Summo Corp has 2 investors. Key investors include Voestalpine, and National Research Council Canada.
Yes. Summo Corp was acquired by Voestalpine in July 2016.