About VEGA
VEGA is a company based in Kirrawee (Australia) founded in 1959.. The company has 82 employees as of March 31, 2024. VEGA offers products and services including VEGAPULS 6X and VEGABAR. VEGA operates in a competitive market with competitors including Alert Labs, Flusso, OleumTech, Detechtion and Vectoflow, among others.
- Headquarter Kirrawee, Australia
- Employees 82 as on 31 Mar, 2024
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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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- Legal Name Vega India Level And Pressure Measurement Private Limited
- Date of Incorporation 08 Jul, 2011
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$25.16 M (USD)30.28as on Mar 31, 2024
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Net Profit
$1.39 M (USD)-1.87as on Mar 31, 2024
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EBITDA
$2 M (USD)-7.14as on Mar 31, 2024
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Latest Funding Round
$202.14 K (USD), Grant
Nov 01, 2017
- Investors
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Employee Count
82
as on Mar 31, 2024
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Products & Services of VEGA
VEGA offers a comprehensive portfolio of products and services, including VEGAPULS 6X and VEGABAR. 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.
Radar sensor for accurate level measurement in industrial vessels.
Compact device for monitoring pressure in process systems.
Funding Insights of VEGA
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $202,136
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First Round
First Round
(01 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Grant - VEGA | Valuation |
investors |
| 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 VEGA
VEGA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 VEGA
| 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 - VEGA
| 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 |
Vega Comparisons
Competitors of VEGA
VEGA 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 Alert Labs, Flusso, OleumTech, Detechtion and Vectoflow, 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 |
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| domain | founded_year | HQ Location |
A range of connected sensors for basement monitoring is developed.
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Flow sensing solution provider
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| domain | founded_year | HQ Location |
Provider of connected sensors
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| domain | founded_year | HQ Location |
Provider of web-based remote asset monitoring solutions for the oil and gas industry
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| domain | founded_year | HQ Location |
Multi-hole probes are used for fluid flow and dynamics measurement.
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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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Latest news on Vega
Frequently Asked Questions about VEGA
When was VEGA founded?
VEGA was founded in 1959 and raised its 1st funding round 58 years after it was founded.
Where is VEGA located?
VEGA is headquartered in Kirrawee, Australia. It is registered at Kirrawee, New South Wales, Australia.
Who is the current CEO of VEGA?
Ron Hegyesi is the current CEO of VEGA.
How many employees does VEGA have?
As of Mar 31, 2024, the latest employee count at VEGA is 82.
What is the annual revenue of VEGA?
Annual revenue of VEGA is $25.16M as on Mar 31, 2024.
What does VEGA do?
Founded in 1959 and based in Kirrawee, Australia, VEGA focuses on the production of sensors for measuring level and pressure in industrial settings. Various technologies, including vibration, capacitive, conductive, radar, and radiation-based methods, are employed in these sensors. Applications span sectors such as wastewater treatment, building materials, chemicals, energy, food processing, and metal production. Leadership is provided by CEO and President Ron Hegyesi.
Who are the top competitors of VEGA?
VEGA's top competitors include Alert Labs, OleumTech and Flusso.
What products or services does VEGA offer?
VEGA offers VEGAPULS 6X and VEGABAR.
Who are VEGA's investors?
VEGA has 1 investor. Key investors include European Union.
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