TitanX

Goteborg, Sweden Founded: 2008 • Age: 18 yrs Acquired By Tata AutoComp
Medium and heavy-duty diesel engine cooling solutions are manufactured.

About TitanX

TitanX is a Transportation, Automotive & Logistics company based in Goteborg (Sweden) founded in 2008, and was acquired by Tata AutoComp in August 2016. It operates as a medium and heavy-duty diesel engine cooling solutions are manufactured. TitanX has raised $28.9 million across 2 funding rounds from investors including EQT, Tata AutoComp and European Union. The company has 224 employees. TitanX offers products and services including Engine Cooling, Oil Coolers, Bus Cooling, Genset Cooling, and Aftermarket Services. Its focus areas include Auto, Auto Components, Thermal System and Engine Cooling System. Its legal entity is TITANX ENGINE COOLING, INC. Its competitors include Modine Manufacturing Company, Nissens, Granges, Banco Products and Grayson Thermal Systems and 4 more.

Company details

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.

  • Headquarters Goteborg, Sweden
  • Employees 224
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Website titanx.com
  • Social LinkedIn X Facebook
  • Acquired by Tata AutoComp (Aug 2016)
  • Legal Name Titanx Engine Cooling, Inc
Key Metrics
  • Total Equity Funding
    $28.9M (USD)

    in 2 rounds

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

    Dec 2016

  • Investors
    EQT

    & 3 more

  • Employee Count
    224
  • Acquired by
    Tata AutoComp

    & 1 more

    (Aug 2016)

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.

Engine Cooling
Thermal Management

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

Oil Coolers
Thermal Management

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

Bus Cooling
Thermal Management

Offers specialized cooling modules for buses to maintain system reliability.

Genset Cooling
Thermal Management

Supplies cooling solutions for power generators to support stationary applications.

Aftermarket Services
Support Services

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

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.

  • Total Funding $28.9M
  • Total Rounds 2
  • Last Round Grant — $447,669
  • First Round $28.9M

    (Mar 2013)

  • Investors Count 2

All 2 funding rounds of TitanX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2016$447,669Grant––
Mar 2013$28.9MSeries B––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
A state-owned venture capital company focused on sustainable investments.
2016fouriertransform.seStockholm, Sweden
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Designs, develops, and supplies auto components for vehicles worldwide.
1995tataautocomp.comPune, India
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Investor details for TitanX

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  • Round participation
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  • Co-investor network

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People of TitanX

21 people are tracked at TitanX (8 in leadership, 13 in team); the tracked headcount is 224.

NameRoleGroup
Xavier de Joybert
Group Quality DirectorLeadership
Cedric Huslin
CEOLeadership
Pankaj Narang
Group Purchasing DirectorLeadership
Nicklas Borgman
Global Operations DirectorLeadership
Jeffrey Smith
Region Operations Director North AmericaLeadership
Christophe Finociety
Group Vice President OperationsLeadership
Joe Jackson
Human Resource Director North AmericaLeadership
Vivek Tandon
Group Strategic Purchasing DirectorLeadership
Julien Brajeul
Plant ManagerTeam
Mohammed Alzaeem
Robot OperatörTeam
Vikrant Chaudhari
Project Manager / Commodity BuyerTeam
Magnus Malmqvist
Sales & Project ManagerTeam
He X.
Plant Procurement And Asia SourcingTeam
Alfonso Amaya Flores
Jefe De OperacionesTeam
Javier Garduño Cano
Project Buyer & Commodity BuyerTeam
Krzysztof Zapora
Europe Purchasing ManagerTeam
Fredrik Bengtsson
SQAD EngineerTeam
Rohit Nemade
Production Engineer/schedulerTeam
Niklas Ivarsson
Group IT Infrastructure ManagerTeam
Rodolfo Rojas Resendiz
Supervisor De ProducciónTeam

1 more people are available in the full profile.

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Timeline of TitanX

5 dated milestones of TitanX across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded TitanX is founded.
  2. Exit Acquired by EQT.
  3. Funding First funding round of $28.9M.
  4. Exit Acquired by Tata AutoComp.
  5. Funding Latest funding round, Grant, of $448K.

Competitors of TitanX

TitanX has 9 listed competitors in our database. They include Modine Manufacturing Company, Nissens, Granges, Banco Products and Grayson Thermal Systems, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
modine.com1916Racine, United States–11,300
Heat transfer products for vehicles are manufactured and supplied.
nissens.com1921Horsens, Denmark–47
Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissions
granges.com1972Stockholm, Sweden––
Manufacturer and supplier of rolled aluminium products for heat exchangers to OEM
bancoindia.com1961Vadodara, India–888
Cooling systems and gaskets are manufactured for vehicles and machinery.
graysonts.com1978Birmingham, United Kingdom––
Manufactures & supplies automotive thermal cooling systems to OEMs and aftermarket
pwr.com.au2003Ormeau, Australia––
Automotive aluminium radiators, intercoolers, and oil coolers are manufactured.
exo-s.com2012Sherbrooke, Canada–238
Major auto components are manufactured and supplied for four-wheelers.
saleri.com1942Brescia, Italy––
Automotive cooling systems are manufactured for the vehicle industry.
tristone.com2002Frankfurt Am Main, Germany––
Engine cooling and battery cooling components are manufactured and supplied.
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Detailed competitors of TitanX

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of TitanX

The website of TitanX (titanx.com) receives about 6.4K visits a month.

  • Monthly visits
    6.4K

    ▲ 83.9% vs previous month

Similar websites

Websites whose visitors overlap most with TitanX. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
titanrobots.com
titanrobots.com
100%
–#10,698,008–

Top companies in Automotive Manufacturing & Components

10 companies that operate in the same segment as TitanX (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States–––
Manufacturer of gas-powered construction equipment
1919United States–USD 1.21 B5,230
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Manufacturer of forklifts, warehouse equipment and other industrial trucks
2006GermanyUSD 587.14 MUSD 13.28 B42,720
Automobiles and related products are manufactured by Volvo Cars.
1927Goteborg, Vastra Gotaland, SwedenUSD 1.07 BUSD 38.79 B42,600
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United States–USD 79.03 B35,750
Automotive manufacturing company
1916Munchen, Bayern, Germany–USD 156.8 B–
Rechargeable batteries are distributed globally by BYD.
1994Los Angeles, California, United States––269
Automotive vehicles including cars, trucks, and SUVs are manufactured.
1957Plano, Texas, United States–––
Motorcycles are manufactured, along with parts, apparel, and financial services.
1903Milwaukee, Wisconsin, United States–USD 4.47 B5,900
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Destinationcrm • 7 days ago
TitanX names Thomas Andersson CEO
Truckpartsandservice • 8 years ago
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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. The company's 1st funding round was a Series B of $28.9M, raised on Mar 2013.

TitanX has 224 employees.

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.

TitanX operates through Titanx Engine Cooling, Inc.

Yes. TitanX was acquired by Tata AutoComp in August 2016.

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