About Upteko
Upteko is a company based in Copenhagen (Denmark) founded in 2018 by Sebastian Duus, Mads Joergensen, and Benjamin Mejnertz. Upteko has raised $196.14 thousand across 3 funding rounds from investors including European Union and EIC Fund. The company has 18 employees as of November 30, 2024. Upteko offers products and services including Lark™, SWIFT™, RAVEN™, ALBA™, and NEST™. Upteko operates in a competitive market with competitors including Shield AI, Airobotics, Tekever, Ocean Infinity and Plymouth Rock, among others.
- Headquarter Copenhagen, Denmark
- Employees 18 as on 30 Nov, 2024
- Founders Sebastian Duus, Mads Joergensen, Benjamin Mejnertz
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Sectors
Industrial Goods & ManufacturingAerospace, Defense & Maritime Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Upteko Aps
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Annual Revenue
Not available
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Net Profit
-$47.96 M (USD)-509as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$196.14 K (USD)
in 3 rounds
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Latest Funding Round
$55.05 K (USD), Grant
Nov 30, 2019
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Investors
European Union
& 1 more
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Employee Count
18
as on Nov 30, 2024
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Products & Services of Upteko
Upteko offers a comprehensive portfolio of products and services, including Lark™, SWIFT™, RAVEN™, ALBA™, and NEST™.
Autonomous drone for wind turbine inspections and equipment delivery
Drone for defense reconnaissance and surveillance operations
System for managing drone activities in security applications
Advanced controller for drone payloads and operations
Customized drone platform for industry-specific needs
People of Upteko
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Leadership Team
1 people
Product Management Team
1 people
Operations Team
1 people
Mechanical Team
1 people
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Funding Insights of Upteko
Upteko has successfully raised a total of $196.14K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $55.05 thousand completed in November 2019. 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.
Investors in Upteko
Upteko has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Upteko
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Investments & Acquisitions by Upteko
Investment portfolio details for Upteko
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Financial Statements - Upteko
Detailed financials for Upteko
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Upteko Comparisons
Peer comparison for Upteko
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Competitors of Upteko
Upteko 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 Shield AI, Airobotics, Tekever, Ocean Infinity and Plymouth Rock, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Autonomous drones and AI pilots for fighter jets are developed.
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Design and development solutions for industrial drones are provided.
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UAVs and software are manufactured for military and enterprise surveillance.
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Robotic ships are provided for ocean data acquisition and analysis.
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Provider of AI-based radar imaging and signal processing based threat detection solution
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Indoor security is monitored using drone-based systems.
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Detailed competitors of Upteko
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Latest news on Upteko
Complete news archive for Upteko
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Frequently Asked Questions about Upteko
Upteko was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Upteko is headquartered in Copenhagen, Denmark.
Upteko is a funded company, having raised a total of $196.14K across 3 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Upteko is 18.
Upteko was founded in 2018 in Copenhagen, Denmark, as a developer and operator of drone systems tailored for the maritime sector. Inspections of ships and dry docks are conducted using these systems. Operations are focused on providing inspection services, with applications extending to construction, landscape, oil and gas, and wind energy industries. The company is based in Denmark and serves related global sectors.
Upteko's top competitors include Shield AI, Airobotics and Tekever.
Upteko offers Lark™, SWIFT™, RAVEN™, ALBA™, and NEST™.
Upteko has 2 investors. Key investors include European Union, and EIC Fund.