About Teka
Teka is a company based in Madrid (Spain) founded in 1924 was acquired by Midea Group in June 2024. It operates as a Direct-to-Consumer (D2C). Teka offers products and services including Kitchen Appliances.
- Headquarter Madrid, Spain
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Teka Industrial S.A.
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Annual Revenue
$25.54 M (USD)1as on Dec 31, 2023
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Net Profit
$1.86 M (USD)1as on Dec 31, 2023
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EBITDA
$2.47 M (USD)6as on Dec 31, 2023
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Midea Group
(Jun 13, 2024)
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Products & Services of Teka
Teka offers a comprehensive portfolio of products and services, including Kitchen Appliances. 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.
Kitchen appliances are offered for modern cooking solutions.
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Funding Insights of Teka
| 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 Teka
Teka has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Midea Group. 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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Manufacturer of robotics, industrial automation, logistics and home appliances
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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 Teka
| 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 - Teka
| 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 |
Teka Comparisons
Competitors of Teka
| 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 Teka
When was Teka founded?
Teka was founded in 1924.
Where is Teka located?
Teka is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of Teka?
Stefan Hoetzl is the current CEO of Teka.
What is the annual revenue of Teka?
Annual revenue of Teka is $25.54M as on Dec 31, 2023.
What does Teka do?
Kitchen appliances and solutions are offered by Teka to enhance cooking experiences worldwide. Operations span multiple regions including America, Europe, Asia, Middle East, Africa, and Oceania. Products are distributed across various countries to meet diverse consumer needs in the home appliance sector.
What products or services does Teka offer?
Teka offers Kitchen Appliances.
Who are Teka's investors?
Teka has 1 investor. Key investors include Midea Group.
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