About toughTrough
toughTrough is a company based in Bremen (Germany) founded in 2011. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). toughTrough offers products and services including Solar Mirror System, Photovoltaic System, and Engineering Services. toughTrough operates in a competitive market with competitors including SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, among others.
- Headquarter Bremen, Germany
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Toughtrough Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.14 M (USD), Grant
Oct 31, 2017
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of toughTrough
toughTrough offers a comprehensive portfolio of products and services, including Solar Mirror System, Photovoltaic System, and Engineering Services. 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.
Innovative mirror system for solar energy applications developed.
Photovoltaic solutions for sustainable energy production are offered.
Engineering support for solar energy projects is provided.
Funding Insights of toughTrough
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $2.1M
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First Round
First Round
(11 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Grant - toughTrough | Valuation |
investors |
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| Jan, 2015 | Amount | Grant - toughTrough | Valuation |
investors |
| 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 toughTrough
toughTrough has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 toughTrough
| 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 - toughTrough
| 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 |
Toughtrough Comparisons
Competitors of toughTrough
toughTrough 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 SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, 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 |
Solar power systems are designed, financed, and installed for clients.
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| domain | founded_year | HQ Location |
Solar energy services are provided to residential customers nationwide.
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| domain | founded_year | HQ Location |
Solar services are provided to residential and commercial customers.
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| domain | founded_year | HQ Location |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Provider of solar installation and designing services for residential
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| domain | founded_year | HQ Location |
Power retailing company
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about toughTrough
When was toughTrough founded?
toughTrough was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is toughTrough located?
toughTrough is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.
Who is the current CEO of toughTrough?
Carsten Holze is the current CEO of toughTrough.
What does toughTrough do?
toughTrough GmbH is focused on delivering innovative and efficient solutions for solar energy applications. Robust lightweight solar mirror systems and turnkey solar fields are developed. The company operates in the renewable energy sector, emphasizing sustainable and cost-effective energy production. Modern materials and established structures are combined with pioneering ideas to advance technology. Highest technological standards are maintained to support a sustainable future in energy supply.
Who are the top competitors of toughTrough?
What products or services does toughTrough offer?
toughTrough offers Solar Mirror System, Photovoltaic System, and Engineering Services.
Who are toughTrough's investors?
toughTrough has 2 investors. Key investors include European Union, and EIC Fund.