About Vela Technologies
Vela Technologies is a company based in Hemet (United States) founded in 2009 was acquired by Machine Solutions in March 2023. It operates as a Direct-to-Consumer (D2C). Vela Technologies offers products and services including VelaCure3D, MiniCure™3D, VelaCure3D Custom, and VelaCure3D Catheter Curing System.
- Headquarter Hemet, United States
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Sectors
Industrial Goods & Manufacturing
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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 Vela Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Machine Solutions
(Mar 21, 2023)
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Products & Services of Vela Technologies
Vela Technologies offers a comprehensive portfolio of products and services, including VelaCure3D, MiniCure™3D, VelaCure3D Custom, and VelaCure3D Catheter Curing System. 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.
UV curing systems are provided for industrial applications.
Compact UV curing solutions are offered for smaller parts.
Customized UV curing systems are designed for specific needs.
Specialized UV curing is developed for medical catheters.
Funding Insights of Vela Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Vela Technologies
Vela Technologies has secured backing from 1 investor. Prominent investors backing the company include Machine Solutions. 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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Machine solutions are provided for medical device manufacturing.
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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 Vela Technologies
| 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 - Vela Technologies
| 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 |
Vela Technologies Comparisons
Competitors of Vela Technologies
| 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 Vela Technologies
When was Vela Technologies founded?
Vela Technologies was founded in 2009.
Where is Vela Technologies located?
Vela Technologies is headquartered in Hemet, United States. It is registered at Hemet, California, United States.
What does Vela Technologies do?
UV curing technology is developed and supplied by Vela Technologies, Inc. through its VelaCure3D product line. Solutions are tailored for industries such as medical devices, electronics, and wire cable. Proprietary photo-induction chambers are utilized to ensure uniform curing without manual intervention. Applications include catheters, guidewires, and adhesive bonding in various industrial sectors.
What products or services does Vela Technologies offer?
Vela Technologies offers VelaCure3D, MiniCure™3D, VelaCure3D Custom, and VelaCure3D Catheter Curing System.
Who are Vela Technologies's investors?
Vela Technologies has 1 investor. Key investors include Machine Solutions.