Tube Tech

Founded: 1988 • Age: 38 yrs Acquired By Integrated Global Services
Provider of alternative rock music streaming and broadcasting services

About Tube Tech

Tube Tech is a company founded in 1988 by Mike Watson was acquired by Integrated Global Services in February 2022.. Tube Tech offers products and services including Robotic Fouling Removal and Heat Exchanger Cleaning.

  • Founders Mike Watson
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tubetech
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.33 M (USD), Grant

    Feb 29, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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Products & Services of Tube Tech

Tube Tech offers a comprehensive portfolio of products and services, including Robotic Fouling Removal and Heat Exchanger Cleaning. 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.

Primary

Robotic fouling removal is performed on heat transfer assets to improve performance and reduce emissions

Cleaning of various heat exchangers is conducted to restore efficiency in industrial processes

Funding Insights of Tube Tech

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $1.3M
  • First Round

    (01 Mar 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Grant - Tube Tech Valuation

investors

Nov, 2018 Amount Grant - Tube Tech Valuation

investors

Jun, 2018 Amount Grant - Tube Tech Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tube Tech

Tube Tech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Integrated Global Services 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Metal spray coating, cladding, repair, and maintenance services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tube Tech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tube Tech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tube Tech Comparisons

Employees
+
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Competitors of Tube Tech

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tube Tech

Frequently Asked Questions about Tube Tech

When was Tube Tech founded?

Tube Tech was founded in 1988 and raised its 1st funding round 30 years after it was founded.

Who is the current CEO of Tube Tech?

Mike Watson is the current CEO of Tube Tech. They have also founded this company.

What does Tube Tech do?

Tube Tech was founded in 1988 as a provider in the music streaming and broadcasting sector. Live audio streams of alternative rock programming are offered, along with a blog featuring updates on content and DJs. Access is available online and via a dedicated mobile application. Inquiries can be directed through a specified contact method. Operations focus on digital delivery without specified geographic limitations.

What products or services does Tube Tech offer?

Tube Tech offers Robotic Fouling Removal and Heat Exchanger Cleaning.

Who are Tube Tech's investors?

Tube Tech has 3 investors. Key investors include European Union, Integrated Global Services, and EIC Fund.

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