About Toscotec
Toscotec is a company based in Marlia (Italy) founded in 1948 was acquired by Voith in December 2019.. Toscotec offers products and services including Tissue Machines, Spare Parts, and YES Service. Toscotec operates in a competitive market with competitors including Plusline, Ok Science And Technology, Senning, Good paper machinery and Hengrui Machinery, among others.
- Headquarter Marlia, Italy
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Sectors
Industrial Goods & Manufacturing
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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 Toscotec S.P.A.
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Products & Services of Toscotec
Toscotec offers a comprehensive portfolio of products and services, including Tissue Machines, Spare Parts, and YES Service. 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.
Machines for manufacturing tissue paper and related components
Components to maintain and repair paper machinery systems
Expert assistance for paper industry machines and operations
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Funding Insights of Toscotec
- 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 |
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| Feb, 2016 | Amount | Private Equity Round - Toscotec | Valuation | Synergo Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Toscotec
Toscotec has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Voith and Synergo Capital. 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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Private equity investments are directed toward Italian tech sectors.
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Hydropower plants and automation systems are developed for energy utilization.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Toscotec
| 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 - Toscotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Toscotec Comparisons
Competitors of Toscotec
Toscotec 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 Plusline, Ok Science And Technology, Senning, Good paper machinery and Hengrui Machinery, 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 |
Packaging machines are manufactured and related services are provided.
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| domain | founded_year | HQ Location |
Machines for manufacturing tissue products are produced and supplied.
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| domain | founded_year | HQ Location |
Packaging machines are designed and manufactured by Senning.
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| domain | founded_year | HQ Location |
Produces high-quality machinery and components for the paper industry.
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| domain | founded_year | HQ Location |
Manufactures high-quality diaper packaging machines for industrial applications.
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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 Toscotec
Frequently Asked Questions about Toscotec
When was Toscotec founded?
Toscotec was founded in 1948 and raised its 1st funding round 68 years after it was founded.
Where is Toscotec located?
Toscotec is headquartered in Marlia, Italy. It is registered at Marlia, Tuscany, Italy.
Who is the current CEO of Toscotec?
Alessandro Mennucci is the current CEO of Toscotec.
What does Toscotec do?
Toscotec was founded in 1948 in Marlia, Italy, and operates in the industrial machinery sector. Equipment for producing tissue, paper, and board is designed and manufactured by the company. Focus is placed on machinery tailored to these materials, with operations centered in Italy. Leadership is held by CEO Alessandro Mennucci, overseeing production and related services for the paper industry.
Who are the top competitors of Toscotec?
Toscotec's top competitors include Plusline, Ok Science And Technology and Senning.
What products or services does Toscotec offer?
Toscotec offers Tissue Machines, Spare Parts, and YES Service.
Who are Toscotec's investors?
Toscotec has 2 investors. Key investors include Voith, and Synergo Capital.