About Tunable
Tunable is a company based in Oslo (Norway) founded in 2015 by Thor Bakke and Ib-Rune Johansen.. Tunable has raised $10.25 million across 2 funding rounds from investors including TRUMPF, Wilhelmsen and GTT Strategic Ventures. The company has 18 employees as of December 31, 2021. Tunable offers products and services including Multigas Analysers and Gas Fingerprint Recognition. Tunable operates in a competitive market with competitors including Sensirion, eLichens, Aroma Bit, Ball Wave and Nevada Nano, among others.
- Headquarter Oslo, Norway
- Employees 18 as on 31 Dec, 2021
- Founders Thor Bakke, Ib-Rune Johansen
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$1.26 M (USD)234as on Dec 31, 2021
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Net Profit
$-3.87 M (USD)-145as on Dec 31, 2021
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EBITDA
$-3.87 M (USD)-145as on Dec 31, 2021
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Total Equity Funding
$10.25 M (USD)
in 2 rounds
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Latest Funding Round
$3.8 M (USD), Series A
Aug 27, 2024
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Investors
TRUMPF
& 2 more
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Employee Count
18
as on Dec 31, 2021
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Products & Services of Tunable
Tunable offers a comprehensive portfolio of products and services, including Multigas Analysers and Gas Fingerprint Recognition. 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.
Real-time devices for measuring multiple gases in industrial settings.
System for identifying and analyzing gas compositions in various applications.
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Funding Insights of Tunable
Tunable has successfully raised a total of $10.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.8 million completed in August 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $3.8M
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First Round
First Round
(14 Sep 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - Tunable | Valuation | Wilhelmsen |
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| Sep, 2022 | Amount | Series A - Tunable | Valuation | TRUMPF |
| 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 Tunable
Tunable has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include TRUMPF, Wilhelmsen and GTT Strategic Ventures. 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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Investments are made in sustainable technology startups worldwide.
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Founded Year | Domain | Location | |
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Maritime services including shipping and logistics are provided by Wilhelmsen.
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Founded Year | Domain | Location | |
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Industrial 3D printers using selective laser melting technology are manufactured.
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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 Tunable
| 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 - Tunable
| 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 |
Tunable Comparisons
Competitors of Tunable
Tunable 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 Sensirion, eLichens, Aroma Bit, Ball Wave and Nevada Nano, 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 |
Sensors for humidity, gas, and liquid flows are developed.
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| domain | founded_year | HQ Location |
Optical sensors for air quality monitoring are developed and offered.
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| domain | founded_year | HQ Location |
Odor imaging sensors are developed to visualize scent patterns.
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| domain | founded_year | HQ Location |
Developer of spherical sensors for the detection of moisture, hydrogen, and other environmental attributes
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| domain | founded_year | HQ Location |
MEMS-based chemical sensors are developed for diverse applications.
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| domain | founded_year | HQ Location |
Hydrogen gas leak detection sensors are developed.
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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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Frequently Asked Questions about Tunable
When was Tunable founded?
Tunable was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Tunable located?
Tunable is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Tunable?
Ib-Rune Johansen is the current CEO of Tunable. They have also founded this company.
Is Tunable a funded company?
Tunable is a funded company, having raised a total of $10.25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.45M, raised on Sep 14, 2022.
How many employees does Tunable have?
As of Dec 31, 2021, the latest employee count at Tunable is 18.
What is the annual revenue of Tunable?
Annual revenue of Tunable is $1.26M as on Dec 31, 2021.
What does Tunable do?
Provider of real-time multigas analysers. It offers technology that combines micro and nanotechnology with infrared spectroscopy to measure real-time multigas.
Who are the top competitors of Tunable?
Tunable's top competitors include NGK SPARK PLUG, Sensirion and Aroma Bit.
What products or services does Tunable offer?
Tunable offers Multigas Analysers and Gas Fingerprint Recognition.
Who are Tunable's investors?
Tunable has 3 investors. Key investors include TRUMPF, Wilhelmsen, and GTT Strategic Ventures.
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