About Tonik Energy
Tonik Energy is a company based in London (United Kingdom) founded in 2016.. Tonik Energy has raised $22.43 million across 5 funding rounds from investors including Mitsui & Co.. The company has 127 employees as of March 31, 2019. Tonik Energy offers products and services including Sweet Bonanza, Gates of Olympus, and Starlight Princess. Tonik Energy operates in a competitive market with competitors including ChargePoint, Fastned, FreeWire, InstaVolt and ChargeNet Holdings, among others.
- Headquarter London, United Kingdom
- Employees 127 as on 31 Mar, 2019
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tonik Energy Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction BIRMINGHAM
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Annual Revenue
$104.43 M (USD)198as on Mar 31, 2019
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Net Profit
$-24.62 M (USD)-284as on Mar 31, 2019
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EBITDA
$-24.62 M (USD)-284as on Mar 31, 2019
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Total Equity Funding
$22.43 M (USD)
in 5 rounds
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Latest Funding Round
$16.74 M (USD), Series B
Feb 06, 2019
- Investors
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Employee Count
127
as on Mar 31, 2019
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Products & Services of Tonik Energy
Tonik Energy offers a comprehensive portfolio of products and services, including Sweet Bonanza, Gates of Olympus, and Starlight Princess. 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.
Online slot game providing entertainment through themed spins.
Slot game featuring mythological themes for user engagement.
Interactive slot game with princess-themed features for fun.
Funding Insights of Tonik Energy
Tonik Energy has successfully raised a total of $22.43M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16.74 million completed in February 2019. 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 Total Funding
- Total Rounds 5
- Last Round Series B — $16.7M
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First Round
First Round
(16 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series B - Tonik Energy | Valuation | Mitsui |
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| Apr, 2018 | Amount | Series A - Tonik Energy | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - Tonik Energy | Valuation |
investors |
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| 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 Tonik Energy
Tonik Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mitsui & Co.. 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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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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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 Tonik Energy
| 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 |
Financial Statements - Tonik Energy
| 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 |
Tonik Energy Comparisons
Competitors of Tonik Energy
Tonik Energy 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 ChargePoint, Fastned, FreeWire, InstaVolt and ChargeNet Holdings, 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 |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
Solar-enabled EV charging stations are operated for plug-in vehicles.
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| domain | founded_year | HQ Location |
Electric-vehicle charging solutions are developed and provided by FreeWire.
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| domain | founded_year | HQ Location |
Electric vehicle charging stations are operated in the United Kingdom.
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| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
EV charging infrastructure and traffic data ecosystems are provided roadside.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Tonik Energy
Frequently Asked Questions about Tonik Energy
When was Tonik Energy founded?
Tonik Energy was founded in 2016.
Where is Tonik Energy located?
Tonik Energy is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Tonik Energy a funded company?
Tonik Energy is a funded company, having raised a total of $22.43M across 5 funding rounds to date. The company's 1st funding round was a Seed of $802K, raised on Jan 16, 2016.
How many employees does Tonik Energy have?
As of Mar 31, 2019, the latest employee count at Tonik Energy is 127.
What is the annual revenue of Tonik Energy?
Annual revenue of Tonik Energy is $104.43M as on Mar 31, 2019.
What does Tonik Energy do?
Tonik Energy was founded in 2016 and is based in London, United Kingdom. Operations focus on the electric vehicle charging sector, with residential chargers such as the eoMINI model featuring universal sockets and an operating temperature range of -10C to 45C. Government OLEV grants are provided for these chargers and associated solar panels, supporting home-based EV infrastructure.
Who are the top competitors of Tonik Energy?
Tonik Energy's top competitors include Fastned, ChargePoint and InstaVolt.
What products or services does Tonik Energy offer?
Tonik Energy offers Sweet Bonanza, Gates of Olympus, and Starlight Princess.
Who are Tonik Energy's investors?
Tonik Energy has 1 investor. Key investors include Mitsui & Co..
What is Tonik Energy's valuation?
The valuation of Tonik Energy is $39.6M as of Feb 2019.