About Tasnee
Tasnee is a company based in Riyadh (Saudi Arabia) founded in 1985.. Tasnee offers products and services including Petrochemicals and Advanced Metals.
- Headquarter Riyadh, Saudi Arabia
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name National Industrialization Company – Tasnee
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$532.45 M (USD), Debt – Conventional
Jan 02, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Tasnee
Tasnee offers a comprehensive portfolio of products and services, including Petrochemicals and Advanced Metals. 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.
Petrochemicals are manufactured and supplied for various industrial applications, including polyolefins and chemicals that address customer needs in local and global markets.
Advanced metals are produced and distributed to support strategic industries, with a focus on titanium value chains that are developed in Saudi Arabia.
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Funding Insights of Tasnee
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $532.4M
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First Round
First Round
(02 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Debt – Conventional - Tasnee | Valuation |
investors |
| 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 Tasnee
Tasnee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Banque Saudi Fransi. 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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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 Tasnee
| 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 - Tasnee
| 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 |
Tasnee Comparisons
Competitors of Tasnee
| 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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Frequently Asked Questions about Tasnee
When was Tasnee founded?
Tasnee was founded in 1985 and raised its 1st funding round 34 years after it was founded.
Where is Tasnee located?
Tasnee is headquartered in Riyadh, Saudi Arabia.
What does Tasnee do?
Tasnee was established in 1985 and is headquartered in Riyadh, Saudi Arabia. Operations focus on the petrochemical sector, where a range of products including petrochemicals, downstream derivatives, and advanced metals are produced. These materials support multiple industries through manufacturing processes centered in the region. The companys domain, tasnee.com, provides access to further details on its activities and offerings.
What products or services does Tasnee offer?
Tasnee offers Petrochemicals and Advanced Metals.
Who are Tasnee's investors?
Tasnee has 1 investor. Key investors include Banque Saudi Fransi.