Tribe Tech Group

Belfast, United Kingdom Founded: 2019 • Age: 7 yrs Listed
Manufacturer supplier of drill rigs

About Tribe Tech Group

Tribe Tech Group is a company based in Belfast (United Kingdom) founded in 2019. Tribe Tech Group has raised $4.36 million across 4 funding rounds from investors including HSBC. Tribe Tech Group offers products and services including Autonomous RC Drill Rig and Autonomous Sampling System.

  • Headquarter Belfast, United Kingdom
  • Stage Public
  • Sectors
    Natural Resources
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website tribetechgroup.com
  • Social LinkedIn
  • Legal Name Tribe Technology Plc
Key Metrics
  • Annual Revenue
    $48.18 K (USD)
    1900
    as on Jun 30, 2023
  • Net Profit
    -$3.95 M (USD)
    -89
    as on Jun 30, 2023
  • EBITDA
    -$4.59 M (USD)
    -61
    as on Jun 30, 2023
  • Total Equity Funding
    $4.36M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.47M (USD), Series A

    May 2023

  • Investors

Products & Services of Tribe Tech Group

Tribe Tech Group offers a comprehensive portfolio of products and services, including Autonomous RC Drill Rig and Autonomous Sampling System.

Autonomous RC Drill Rig
Mining Equipment

An autonomous Reverse Circulation drill rig is provided to improve safety and productivity in mining operations by enabling accurate hole alignment and continuous operation.

Autonomous Sampling System
Mining Tools

This system is supplied for consistent sampling in drilling, where higher productivity and lower operational costs are achieved through automated processes in various ground conditions.

Funding Insights of Tribe Tech Group

Tribe Tech Group has successfully raised a total of $4.36M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.47 million completed in May 2023. 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 $4.36M
  • Total Rounds 4
  • Last Round Series A β€” $2.47M
  • First Round $1.89M

    (Dec 2021)

  • Investors Count 1

All 4 funding rounds of Tribe Tech Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$2.47MSeries A––
–
Sep 2022$872,860Debt – Conventional––
Jan 2022–Series A––
–
Dec 2021$1.89MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Tribe Tech Group

Tribe Tech Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HSBC.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Universal banking and financial advisory services are provided globally.
1865hsbc.comLondon, United Kingdom
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Investor details for Tribe Tech Group

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  • Round participation
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People of Tribe Tech Group

3 people are tracked at Tribe Tech Group (3 in leadership).

NameRoleGroup
Charlie King
CEOLeadership
Mike Wilkes
Head Of OperationsLeadership
Derek Loughlin
CTO & Executive DirectorLeadership
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Complete people profiles for Tribe Tech Group

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  • Board tenure
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Timeline of Tribe Tech Group

4 dated milestones of Tribe Tech Group across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tribe Tech Group is founded.
  2. Funding First funding round of $1.9M.
  3. Funding Latest funding round, Series A, of $2.5M.
  4. IPO Lists on the stock exchange (IPO).

Web traffic of Tribe Tech Group

The website of Tribe Tech Group (tribetechgroup.com) receives about 3.1K visits a month.

  • Monthly visits
    3.1K

    ▲ 78.4% vs previous month

Latest news on Tribe Tech Group

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Complete news archive for Tribe Tech Group

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  • Older coverage
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Similar companies to Tribe Tech Group

10 companies that operate in the same segment as Tribe Tech Group (Services for Mining Industry), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Onshore drilling services are provided using programmable multidirectional rigs.
2011Leesburg, Virginia, United StatesUSD 153 MUSD 210.11 M600
Drilling management solutions are provided for the mining sector.
1933Brisbane, Queensland, Australia–––
Mining and infrastructure projects are developed via real estate.
1902Johannesburg, Gauteng, South Africa–––
Oil and gas drilling services are provided worldwide.
1920Tulsa, Oklahoma, United States–USD 3.75 B7,000
Civil, property construction, quarry, and machinery rental services are provided.
1977Petaling Jaya, Selangor, Malaysia–USD 27.77 M114
Bulk material handling and mineral processing systems are manufactured.
1947Chennai, Tamil Nadu, India–USD 67.25 M2,310
Development and exploration company focused on producing coal
2006Gurugram, Haryana, India–USD 25.9 M574
Drilling services are supplied to mining and mineral exploration sectors.
1995Moncton, New Brunswick, Canada–USD 650.49 M–
Provides mineral processing and waste treatment services for the mining and reclamation industries
2018Casper, Wyoming, United StatesUSD 84.5 M––
Mineral deposits are explored and mined by BRM in Indonesia.
2003Jakarta, Jakarta, Indonesia–USD 245.28 M834
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Frequently Asked Questions about Tribe Tech Group

Tribe Tech Group was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Tribe Tech Group is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.

Charlie King is the current CEO of Tribe Tech Group.

Tribe Tech Group is a funded company, having raised a total of $4.36M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.89M, raised on Dec 2021.

Annual revenue of Tribe Tech Group is $48.18K as on Jun 30, 2023.

Tribe Tech Group, led by Charlie King as CEO, specializes in mining, and services for mining industry. Manufacturer supplier of drill rigs. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction. It continues to evolve, meeting industry challenges with strategic approaches.

Tribe Tech Group offers Autonomous RC Drill Rig and Autonomous Sampling System.

Tribe Tech Group has 1 investor. Key investors include HSBC.

Tribe Tech Group operates through Tribe Technology Plc.

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