About Tel Nexx Systems
Tel Nexx Systems is a company based in Billerica (United States) founded in 2001 was acquired by Tel Venture Capital in March 2012.. Tel Nexx Systems has raised $25.4 million across 4 funding rounds from investors including Tel Venture Capital, Enterprise Partners Venture Capital and Sigma Partners. Tel Nexx Systems offers products and services including Potatoes and Grain Marketing.
- Headquarter Billerica, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Maine Potato Growers, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.4 M (USD)
in 4 rounds
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Latest Funding Round
$1.25 M (USD), Series D
Dec 14, 2009
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Investors
Tel Venture Capital
& 2 more
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Employee Count
Employee Count
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Acquired by
Tel Venture Capital
(Mar 16, 2012)
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Products & Services of Tel Nexx Systems
Tel Nexx Systems offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing. 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.
Potatoes are farmed and sold by Maine Potato Growers for food and industrial applications
Grains are promoted and distributed by Maine Potato Growers from various farms
Funding Insights of Tel Nexx Systems
Tel Nexx Systems has successfully raised a total of $25.4M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $1.25 million completed in December 2009. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $1.2M
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First Round
First Round
(01 Jul 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2009 | Amount | Series D - Tel Nexx Systems | Valuation |
investors |
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| Nov, 2009 | Amount | Series D - Tel Nexx Systems | Valuation | Enterprise Partners Venture Capital , Sigma Partners |
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| Sep, 2005 | Amount | Series C - Tel Nexx Systems | 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 Tel Nexx Systems
Tel Nexx Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Tel Venture Capital, Enterprise Partners Venture Capital and Sigma Partners. 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 | |
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Early-stage VC investments are made in US, Canada, and Asia.
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Founded Year | Domain | Location | |
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Semiconductor processing equipment is developed for wafer fabrication.
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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 Tel Nexx Systems
| 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 - Tel Nexx Systems
| 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 |
Tel Nexx Systems Comparisons
Competitors of Tel Nexx Systems
| 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 Tel Nexx Systems
When was Tel Nexx Systems founded?
Tel Nexx Systems was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Tel Nexx Systems located?
Tel Nexx Systems is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Is Tel Nexx Systems a funded company?
Tel Nexx Systems is a funded company, having raised a total of $25.4M across 4 funding rounds to date. The company's 1st funding round was a Series C of $10M, raised on Jul 01, 2004.
What does Tel Nexx Systems do?
Tel Nexx Systems was founded in 2001 in Billerica, United States, within the semiconductors sector. Equipment for wafer-level packaging is provided, encompassing sputter deposition, electro-deposition plating, and plasma cleaning systems. Operations target flip chip advanced packaging, including wafer bumping, cleaning, and photoresist stripping. Technologies support compound semiconductors, hard disk drive head production, and ink jet printing. Acquisition by Tokyo Electron took place in March 2012.
What products or services does Tel Nexx Systems offer?
Tel Nexx Systems offers Potatoes and Grain Marketing.
Who are Tel Nexx Systems's investors?
Tel Nexx Systems has 3 investors. Key investors include Tel Venture Capital, Enterprise Partners Venture Capital, and Sigma Partners.