Textronics

Wilmington, United States Founded: 2005 • Age: 21 yrs Acquired By adidas
Wearable monitoring through electronic textiles
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About Textronics

Textronics is a company based in Wilmington (United States) founded in 2005 was acquired by adidas in September 2008.. Textronics operates in a competitive market with competitors including Athos, Catapult, Cipher Skin, Welt and FitLinxx, among others.

  • Headquarter Wilmington, United States
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    adidas

    (Sep 05, 2008)

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Funding Insights of Textronics

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

Investors in Textronics

Textronics has secured backing from 1 investor. Prominent investors backing the company include adidas. 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
Investor Description Founded Year Domain Location
Athletic and sports lifestyle brand
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 Textronics

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

Financial Statements - Textronics

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

Textronics Comparisons

Employees
+
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Competitors of Textronics

Textronics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Athos, Catapult, Cipher Skin, Welt and FitLinxx, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wearable technology is integrated into smart workout clothing by Athos.
domain founded_year HQ Location
Sports technology solutions are provided to enhance athlete performance.
domain founded_year HQ Location
Biometric apparels for 3D body movement measurement are developed.
domain founded_year HQ Location
Smart connected belt that can monitor physical activity and waist size.
domain founded_year HQ Location
Provider of wireless wearable fitness solutions
domain founded_year HQ Location
Sensor-equipped wearables are developed for biometric monitoring.
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 Textronics

Frequently Asked Questions about Textronics

When was Textronics founded?

Textronics was founded in 2005.

Where is Textronics located?

Textronics is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

What does Textronics do?

Textronics Inc. was founded in 2005 and headquartered in Wilmington, Delaware, focusing on the wearable technology sector. Textile-based sensors, elastic yarns, and nano-composite polymers for health and fitness monitoring are designed, manufactured, and distributed. Products including heart-sensing sports bras and developer kits are integrated into garments for applications in sports, wellness, military, and industrial markets. Acquisition by Adidas International occurred in November 2008.

Who are the top competitors of Textronics?

Textronics's top competitors include Athos, Catapult and Sensoria.

Who are Textronics's investors?

Textronics has 1 investor. Key investors include adidas.

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