Tenova

Castellanza, Italy Founded: 1945 • Age: 81 yrs Acquired By BillerudKorsnas
Metals solutions are provided for mining industries globally.
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About Tenova

Tenova is a company based in Castellanza (Italy) founded in 1945 was acquired by BillerudKorsnas in February 2009.. Tenova has completed 1 acquisition, including Intergrated Industrial Systems. Tenova offers products and services including Sustainable Solutions and Green Solutions.

  • Headquarter Castellanza, Italy
  • Sectors
    Natural Resources
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Tenova S.P.A.
Operational Areas
Natural Resources → Mining & Quarrying
Key Metrics
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Products & Services of Tenova

Tenova offers a comprehensive portfolio of products and services, including Sustainable Solutions and Green Solutions. 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.

Primary

Sustainable solutions for metals and mining are offered, covering processes like hydrometallurgy and pyrometallurgy to reduce environmental impacts

Green solutions such as heat recovery and decarbonization systems are provided to enhance efficiency and minimize the ecological footprint in industrial operations

Funding Insights of Tenova

  • Total Funding
  • Total Rounds 7
  • Last Round Grant — $232,599
  • First Round

    (06 Jan 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Grant - Tenova Valuation

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Jul, 2020 Amount Grant - Tenova Valuation

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Jun, 2019 Amount Grant - Tenova Valuation

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Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Tenova

Tenova has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and BillerudKorsnas. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
High-performance paper and packaging materials are manufactured for diverse industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tenova

Tenova has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intergrated Industrial Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Sustainable metallurgical technologies and equipment for metal production are provided.
1973
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Tenova

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tenova Comparisons

Employees
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Competitors of Tenova

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tenova

Frequently Asked Questions about Tenova

When was Tenova founded?

Tenova was founded in 1945 and raised its 1st funding round 73 years after it was founded.

Where is Tenova located?

Tenova is headquartered in Castellanza, Italy. It is registered at Castellanza, Lombardy, Italy.

What does Tenova do?

Tenova was founded in 1945 in Castellanza, Italy, and operates in the metals and mining sector. Solutions are delivered to help companies reduce costs, conserve energy, minimize environmental effects, and improve employee conditions. Collaborations with clients are undertaken to develop sustainable technologies and services. Operations focus on enhancing business efficiency in the metals industry across various geographies.

What products or services does Tenova offer?

Tenova offers Sustainable Solutions and Green Solutions.

How many acquisitions has Tenova made?

Tenova has made 1 acquisition, including Intergrated Industrial Systems.

Who are Tenova's investors?

Tenova has 2 investors. Key investors include European Union, and BillerudKorsnas.

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