TitanX

Goteborg, Sweden Founded: 2008 • Age: 18 yrs Acquired By Tata AutoComp
Medium and heavy-duty diesel engine cooling solutions are manufactured.
Annual revenue - Latest available
Total funding $28.9M 2 rounds
Employees 224 Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About TitanX

TitanX is a company based in Goteborg (Sweden) founded in 2008 was acquired by Tata AutoComp in August 2016. TitanX has raised $28.9 million across 2 funding rounds from investors including EQT, Tata AutoComp and European Union. The company has 224 employees as of December 31, 2021. TitanX offers products and services including Engine Cooling, Oil Coolers, Bus Cooling, Genset Cooling, and Aftermarket Services. TitanX operates in a competitive market with competitors including Modine Manufacturing Company, Nissens, Granges, Banco Products and Grayson Thermal Systems, among others.

  • Headquarter Goteborg, Sweden
  • Employees 224 as on 31 Dec, 2021
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Titanx Engine Cooling, Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $447.67 K (USD), Grant

    Dec 01, 2016

  • Investors
    EQT

    & 3 more

  • Employee Count
    224

    as on Dec 31, 2021

  • Acquired by
    Tata AutoComp

    & 1 more

    (Aug 16, 2016)

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Products & Services of TitanX

TitanX offers a comprehensive portfolio of products and services, including Engine Cooling, Oil Coolers, Bus Cooling, Genset Cooling, and Aftermarket Services.

Product name locked
Category locked
Primary

Delivers cooling systems for vehicle engines to ensure optimal performance and efficiency.

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Provides cooling for oils in vehicles to enhance durability and operational effectiveness.

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Offers specialized cooling modules for buses to maintain system reliability.

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Supplies cooling solutions for power generators to support stationary applications.

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Delivers OE-quality parts and support for vehicle maintenance needs.

People of TitanX

Headcount 500-1000
Employee Profiles 21
Employee Profiles
People
Xavier de Joybert
Group Quality Director
People
Mohammed Alzaeem
Robot Operatör
People
Vikrant Chaudhari
Project Manager / Commodity Buyer
People
Jeffrey Smith
Region Operations Director North America

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Funding Insights of TitanX

TitanX has successfully raised a total of $28.9M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $447.67 thousand completed in December 2016. 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.

Investors in TitanX

TitanX has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include EQT, Tata AutoComp and European Union.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
A state-owned venture capital company focused on sustainable investments.
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EQT is recognized as a global investment organization focused on value creation.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for TitanX

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Investments & Acquisitions by TitanX

Investments
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Investment portfolio details for TitanX

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  • Portfolio identities
  • Transaction dates
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Financial Statements - TitanX

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Detailed financials for TitanX

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Titanx Comparisons

TitanX Primary company
Description
Medium and heavy-duty diesel engine cooling solutions are ma...
Location
Goteborg, Sweden
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
224
As of 2021
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Peer comparison for TitanX

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of TitanX

TitanX 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 Modine Manufacturing Company, Nissens, Granges, Banco Products and Grayson Thermal Systems, among others.

Company Name Domain Founded year HQ Location Description
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Heat transfer products for vehicles are manufactured and supplied.
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Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissions
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Manufacturer and supplier of rolled aluminium products for heat exchangers to OEM
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Cooling systems and gaskets are manufactured for vehicles and machinery.
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Manufactures & supplies automotive thermal cooling systems to OEMs and aftermarket
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Detailed competitors of TitanX

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Latest news on Titanx

TitanX names Thomas Andersson CEO
Truckpartsandservice8 years ago
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Complete news archive for TitanX

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Frequently Asked Questions about TitanX

TitanX was founded in 2008 and raised its 1st funding round 5 years after it was founded.

TitanX is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

TitanX is a funded company, having raised a total of $28.9M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at TitanX is 224.

TitanX was founded in 2008 in Gothenburg, Sweden, as a supplier of engine cooling solutions for trucks, buses, off-highway equipment, and industrial diesel engines. Manufacturing operations are conducted at sites in Mjällby and Linköping, Sweden; Jamestown, New York, in the United States; and Jaguariúna, Brazil. The company was acquired by Tata AutoComp Systems Ltd. in January 2017 for an undisclosed amount.

TitanX's top competitors include Nissens, Banco Products and Grayson Thermal Systems.

TitanX offers Engine Cooling, Oil Coolers, Bus Cooling, Genset Cooling, and Aftermarket Services.

TitanX has 4 investors. Key investors include EQT, Tata AutoComp, European Union, and Saminvest.

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