About Terratech
Terratech is a company based in Stockholm (Sweden) founded in 1995 was acquired by Solix in April 2019.. Terratech has completed 1 acquisition, including sjorring. Terratech offers products and services including Tiltrotators and Quick Couplers.
- Headquarter Stockholm, Sweden
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Phone
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Website
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Social
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- Legal Name Terratech Group Ab
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Products & Services of Terratech
Terratech offers a comprehensive portfolio of products and services, including Tiltrotators and Quick Couplers. 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.
Tiltrotators are provided as attachments for excavators to improve operational efficiency and safety in construction tasks.
Quick couplers are supplied to enable fast and secure attachment of tools to construction equipment, enhancing productivity.
Funding Insights of Terratech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Private Equity Round - Terratech | 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 Terratech
Terratech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Latour and Solix. 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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Capital is provided for industrial sector growth and buyouts.
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Founded Year | Domain | Location | |
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Solix is recognized as an investment company focusing on B2B.
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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 Terratech
Terratech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include sjorring. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Loader and excavator buckets are manufactured by Sjorring.
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1946 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Terratech
| 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 |
Terratech Comparisons
Competitors of Terratech
| 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 Terratech
When was Terratech founded?
Terratech was founded in 1995 and raised its 1st funding round 20 years after it was founded.
Where is Terratech located?
Terratech is headquartered in Stockholm, Sweden.
What does Terratech do?
Terratech AB was established in 1995 in Stockholm, Sweden, within the heavy machinery sector. Fasteners, tiltrotators, electronics, couplings, and excavator tools are produced, along with related carrier equipment. Technical and inspection services are offered to facilitate operation and maintenance for a highway concessionaire. Activities focus on equipment manufacturing and support services in the construction and infrastructure fields.
What products or services does Terratech offer?
Terratech offers Tiltrotators and Quick Couplers.
How many acquisitions has Terratech made?
Terratech has made 1 acquisition, including sjorring.
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