About tek
tek is a company based in Balerna (Switzerland) founded in 2001.. tek offers products and services including Tweezers and Cutters and Pliers.
- Headquarter Balerna, Switzerland
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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 Ideal-Tek Sa
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$193.42 K (USD), Grant
Oct 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of tek
tek offers a comprehensive portfolio of products and services, including Tweezers and Cutters and Pliers. 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.
High-precision tweezers are utilized for tasks in electronics and medical fields, featuring polished edges and anti-glare finishes.
Cutters and pliers are employed for precision cutting and gripping in industrial settings, often made with superior materials for durability.
Funding Insights of tek
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $193,421
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First Round
First Round
(01 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - tek | 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 tek
tek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 tek
| 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 - tek
| 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 |
Tek Comparisons
Competitors of tek
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 tek
When was tek founded?
tek was founded in 2001 and raised its 1st funding round 19 years after it was founded.
Where is tek located?
tek is headquartered in Balerna, Switzerland. It is registered at Balerna, Ticino, Switzerland.
What does tek do?
The company was founded in 2001 in Balerna, Switzerland, where high-precision hand tools including tweezers, cutters, pliers, scissors, probes, spatulas, scalpels, and workbench accessories are produced. These tools are applied in medical device manufacturing, electronics, watchmaking, life sciences, and beauty sectors. Craftsmanship is combined with industrialized processes to ensure durability and accuracy. Visual inspection equipment is provided for quality control support.
What products or services does tek offer?
tek offers Tweezers and Cutters and Pliers.
Who are tek's investors?
tek has 1 investor. Key investors include European Union.