About Synova Power
Synova Power is a company based in Maassluis (Netherlands) founded in 2011 by Giffen Ott was acquired by Total in February 2019.. Synova Power offers products and services including Waste-to-Olefins Process and MILENA and OLGA Technologies. Synova Power operates in a competitive market with competitors including Anaergia, Stormfisher, PittMoss, SEaB and CalBio, among others.
- Headquarter Maassluis, Netherlands
- Founders Giffen Ott
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Sectors
Environment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Caterpillar
& 2 more
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Employee Count
Employee Count
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Acquired by
Total
(Feb 18, 2019)
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Products & Services of Synova Power
Synova Power offers a comprehensive portfolio of products and services, including Waste-to-Olefins Process and MILENA and OLGA Technologies. 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.
Converts mixed plastic waste into olefins for new plastics production.
Handles waste conversion for biofuels and chemical production.
Funding Insights of Synova Power
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Seed - Synova Power | Valuation | FullCycle , Caterpillar |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Synova Power
Synova Power has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Caterpillar, FullCycle and TotalEnergies. 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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FullCycle is focused on scaling climate-critical technology solutions.
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Construction and mining equipment, engines, and locomotives are manufactured.
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TotalEnergies is engaged in producing and marketing various energies.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Synova Power
| 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 - Synova Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Synova Power Comparisons
Competitors of Synova Power
Synova Power 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 Anaergia, Stormfisher, PittMoss, SEaB and CalBio, 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 |
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| domain | founded_year | HQ Location |
Organic waste is converted into renewable fuels through specialized services.
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| domain | founded_year | HQ Location |
Organic waste, energy, and water recycling services are provided globally.
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| domain | founded_year | HQ Location |
Eco-friendly peat moss substitute is made from recycled paper.
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| domain | founded_year | HQ Location |
Energy from micro waste is developed via anaerobic digestion technology.
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| domain | founded_year | HQ Location |
Bio-gas digester projects are developed alongside waste treatment services.
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| domain | founded_year | HQ Location |
Organic waste management solutions are provided for sustainable processing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Synova Power
Frequently Asked Questions about Synova Power
When was Synova Power founded?
Synova Power was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Synova Power located?
Synova Power is headquartered in Maassluis, Netherlands. It is registered at Maassluis, South Holland, Netherlands.
Who is the current CEO of Synova Power?
Giffen Ott is the current CEO of Synova Power. They have also founded this company.
What does Synova Power do?
Synova Power was founded in 2011 in Maassluis, Netherlands, as a developer in the waste-to-energy sector. Garbage and biomass are processed through proprietary gasification technology to remove contaminants, producing syngas as a natural gas alternative. This syngas is utilized in combined cycle gas turbines for power generation or in chemical production processes. Operations focus on sustainable waste management and renewable energy solutions.
Who are the top competitors of Synova Power?
Synova Power's top competitors include Stormfisher, Tamar Energy and Anaergia.
What products or services does Synova Power offer?
Synova Power offers Waste-to-Olefins Process and MILENA and OLGA Technologies.
Who are Synova Power's investors?
Synova Power has 3 investors. Key investors include Caterpillar, FullCycle, and TotalEnergies.
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