About Tracks
Tracks is a company based in Berlin (Germany) founded in 2018, and was acquired by Transporeon in August 2022. Tracks has raised $2.41 million across 1 funding round from investors including Transporeon, MobilityFund and IBB Ventures.
Company details
Manufacturer of thermal processing systems and heat exchangers. It designs, manufactures, and supplies thermal processing systems for various industries including food, chemical, and pharmaceutical sectors. The company offers a variety of heat exchangers, such as shell and tube, corrugated tube, and scraped surface exchangers. It also provides turnkey solutions for food and beverage processing plants, encompassing the entire project lifecycle from concept to commissioning. Additional services include design, training, and manufacturing support.
- Headquarters Berlin, Germany
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website tracksfortrucks.com
- Social LinkedIn X Facebook
- Acquired by Transporeon (Aug 2022)
- Net Profit$99.83 M (USD)19as on Dec 31, 2018
- Total Equity Funding$2.41M (USD)
in 1 rounds
- Latest Funding Round$2.41M (USD), Seed
Feb 2021
- InvestorsTransporeon
& 6 more
- Acquired byTransporeon
(Aug 2022)
Funding Insights of Tracks
Tracks has successfully raised a total of $2.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.41 million completed in February 2021. 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 $2.41M
- Total Rounds 1
- Last Round Seed — $2.41M
- First Round $2.41M
(Feb 2021)
- Investors Count 6
All 1 funding rounds of Tracks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $2.41M | Seed | – | MobilityFund |
7 investors in total: 7 institutional.
Investors in Tracks
Tracks has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Transporeon, MobilityFund and IBB Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| mobility.fund | ||||
Venture capital firm focused on multiple sectors | ibbventures.de | Berlin, Germany | ||
Venture capital fund focused on the energy tech sector | fev.vc | Essen, Germany | ||
Venture capital is offered by Golzern Holding for sustainable startups. | golzern.biz | |||
Ship ownership and management for tankers, containers, and bulk carriers worldwide. | 1964 | reederei-nord.com | Hamburg, Germany | |
Delivers comprehensive logistics solutions for businesses worldwide. | hiller-logistik.de | Luneburg, Germany | ||
Cloud-based transport management solutions are provided for logistics enterprises. | 2000 | transporeon.com | Ulm, Germany |
Investor details for Tracks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Tracks
3 dated milestones of Tracks across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Tracks is founded.
- Funding First funding round of $2.4M.
- Exit Acquired by Transporeon.
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Frequently Asked Questions about Tracks
Tracks was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Tracks is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Tracks is a funded company, having raised a total of $2.41M across 1 funding round to date. The company's 1st funding round was a Seed of $2.41M, raised on Feb 2021.
Manufacturer of thermal processing systems and heat exchangers. It designs, manufactures, and supplies thermal processing systems for various industries including food, chemical, and pharmaceutical sectors. The company offers a variety of heat exchangers, such as shell and tube, corrugated tube, and scraped surface exchangers. It also provides turnkey solutions for food and beverage processing plants, encompassing the entire project lifecycle from concept to commissioning. Additional services include design, training, and manufacturing support.
Tracks has 7 investors. Key investors include Transporeon, MobilityFund, IBB Ventures, Future Energy Ventures, and Reederei Nord.
Yes. Tracks was acquired by Transporeon in August 2022.