About Vemcon
Vemcon is a company based in Haar (Germany) founded in 2012 by Julian Profanter and Jan Rotard.. Vemcon has raised $6.46 million across 3 funding rounds from investors including Vector, DeepTech & Climate Fonds and ESA BIC. The company has 38 employees as of December 31, 2021. Vemcon offers products and services including CoPilot and ToolTracker. Vemcon operates in a competitive market with competitors including Sea Machines, Ready Robotics, Tomahawk Robotics, Symb and Teleo, among others.
- Headquarter Haar, Germany
- Employees 38 as on 31 Dec, 2021
- Founders Julian Profanter, Jan Rotard
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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 Vemcon Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.46 M (USD)
in 3 rounds
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Latest Funding Round
$6.46 M (USD), Series A
May 25, 2023
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Investors
Vector
& 2 more
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Employee Count
38
as on Dec 31, 2021
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Products & Services of Vemcon
Vemcon offers a comprehensive portfolio of products and services, including CoPilot and ToolTracker. 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.
Integrates excavator systems on one display for efficient operation.
Automatically detects and locates construction tools to save time.
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Funding Insights of Vemcon
Vemcon has successfully raised a total of $6.46M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.46 million completed in May 2023. 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 3
- Last Round Series A — $6.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Vemcon | Valuation | DeepTech & Climate Fonds |
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| Jul, 2017 | Amount | Seed - Vemcon | Valuation | Vector |
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| Jan, 2015 | Amount | Grant - Vemcon | 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 Vemcon
Vemcon has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Vector, DeepTech & Climate Fonds and ESA BIC. 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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Investment in Deep-Tech and Climate-Tech companies is facilitated.
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Startups are incubated with space technology and business support.
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Embedded electronics and software solutions for automotive are developed.
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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 Vemcon
| 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 - Vemcon
| 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 |
Vemcon Comparisons
Competitors of Vemcon
Vemcon 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 Sea Machines, Ready Robotics, Tomahawk Robotics, Symb and Teleo, 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 |
Unmanned surface vehicles are supplied for industrial maritime applications.
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| domain | founded_year | HQ Location |
Operating system for collaborative robots is developed using flowchart controls.
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| domain | founded_year | HQ Location |
Robots and control solutions are developed for enterprise tasks.
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| domain | founded_year | HQ Location |
Provider of a solution that enables industrial robots to learn and execute tasks
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| domain | founded_year | HQ Location |
Heavy machinery is operated remotely using supervised autonomy technology.
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| domain | founded_year | HQ Location |
Real-time robot control software for industrial applications is provided.
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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 Vemcon
When was Vemcon founded?
Vemcon was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Vemcon located?
Vemcon is headquartered in Haar, Germany. It is registered at Haar, Bavaria, Germany.
Who is the current CEO of Vemcon?
Julian Profanter is the current CEO of Vemcon. They have also founded this company.
Is Vemcon a funded company?
Vemcon is a funded company, having raised a total of $6.46M across 3 funding rounds to date.
How many employees does Vemcon have?
As of Dec 31, 2021, the latest employee count at Vemcon is 38.
What does Vemcon do?
Founded in 2012 and based in Haar, Germany, Vemcon operates in the industrial automation sector. Cloud-based solutions for remote machine control are provided, including Vemcon CoPilot, Joystick, Terminal, and Connectivity packages. These enable control of heavy machinery such as excavators, graders, and wheel loaders, as well as agricultural and communal equipment, through mobile tablet platforms.
Who are the top competitors of Vemcon?
Vemcon's top competitors include Tomahawk Robotics, Ready Robotics and Teleo.
What products or services does Vemcon offer?
Vemcon offers CoPilot and ToolTracker.
Who are Vemcon's investors?
Vemcon has 3 investors. Key investors include Vector, DeepTech & Climate Fonds, and ESA BIC.
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