About Techlantic
Techlantic is a company based in Oakville (Canada) founded in 1983 by Tom van Essen and Wouter van Essen was acquired by TRADE X in September 2021. Techlantic has raised $45 million across 2 funding rounds from investors including Aimia, EchoVC Partners and Frontier Ventures. The company has 6 employees as of December 31, 2024. Techlantic operates in a competitive market with competitors including Plasman, Ranger Design, FortNine, Vast-Auto Distribution and Automotive Properties REIT, among others.
- Headquarter Oakville, Canada
- Employees 6 as on 31 Dec, 2024
- Founders Tom van Essen, Wouter van Essen
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Sectors
Transportation, Automotive & Logistics
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Funding Insights of Techlantic
Techlantic has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Techlantic
Techlantic has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Aimia, EchoVC Partners and Frontier Ventures.
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Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America
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Frontier Ventures is focused on spreading the Gospel to least-reached peoples.
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Diversified operations are conducted across chemicals industries globally.
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Investor details for Techlantic
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Investments & Acquisitions by Techlantic
Investment portfolio details for Techlantic
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Financial Statements - Techlantic
Detailed financials for Techlantic
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Techlantic Comparisons
Peer comparison for Techlantic
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Competitors of Techlantic
Techlantic 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 Plasman, Ranger Design, FortNine, Vast-Auto Distribution and Automotive Properties REIT, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automotive parts and accessories are manufactured by Plasman.
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Fleet upfit solutions and vehicle organization systems are provided.
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Bike gears and accessories are retailed online by FortNine.
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Provider of automotive spare parts
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Distributor of automotive parts and real estate investment trust
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Detailed competitors of Techlantic
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Latest news on Techlantic
Complete news archive for Techlantic
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Frequently Asked Questions about Techlantic
Techlantic was founded in 1983 and raised its 1st funding round 38 years after it was founded.
Techlantic is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
Techlantic is a funded company, having raised a total of $45M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Techlantic is 6.
Techlantic was established in 1983 in Oakville, Canada, by founders Tom and Wouter van Essen. Automotive aftermarket accessories are produced by the company, with operations centered on the automotive sector. Management is handled by Managing Directors Eric van Essen and Robin Jones. Focus is placed on manufacturing components for vehicle customization and repair, serving markets in North America through established distribution channels.
Techlantic's top competitors include Ranger Design, Automotive Properties REIT and Parts for Trucks.
Techlantic has 5 investors. Key investors include Aimia, EchoVC Partners, Frontier Ventures, unknown, and TRADE X.