About VERBUND
VERBUND is a company based in Vienna (Austria) founded in 1947.. VERBUND has completed 2 acquisitions, including Gas Connect Austria and SOLAVOLTA. VERBUND offers products and services including Hydropower and Solar Power.
- Headquarter Vienna, Austria
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Sectors
Energy & Utilities
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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 Verbund Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$4.03 M (USD), Grant
May 02, 2023
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Gas Connect Austria
& 1 more
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Products & Services of VERBUND
VERBUND offers a comprehensive portfolio of products and services, including Hydropower and Solar Power. 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.
Electricity is generated from water sources through pumped storage and run-of-river power plants in the Austrian Alps and other areas
Photovoltaic systems are installed and operated to expand renewable energy shares for companies and households
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Funding Insights of VERBUND
- Total Funding Total Funding
- Total Rounds 22
- Last Round Grant — $4.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Grant - VERBUND | Valuation |
investors |
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| Apr, 2023 | Amount | Grant - VERBUND | Valuation |
investors |
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| Mar, 2023 | Amount | Grant - VERBUND | 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 VERBUND
VERBUND has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include FFG Austrian Research Promotion Agency, European Union and Austria Wirtschaftsservice. 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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Management consulting and business management services are provided by FFG.
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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 | |
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Banking regulatory services are provided for Austrian financial institutions.
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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 VERBUND
VERBUND has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gas Connect Austria and SOLAVOLTA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar PV modules are manufactured in Austria since 2008.
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2008 | ||||
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Provider of pipeline maintenance services for oil and gas industry
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - VERBUND
| 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 |
Verbund Comparisons
Competitors of VERBUND
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 VERBUND
When was VERBUND founded?
VERBUND was founded in 1947 and raised its 1st funding round 67 years after it was founded.
Where is VERBUND located?
VERBUND is headquartered in Vienna, Austria.
Who is the current CEO of VERBUND?
Wolfgang Anzengruber is the current CEO of VERBUND.
What does VERBUND do?
Verbund is an independent hydropower producer. Project portfolio includes 20 storage power plants and 88 run-of-river power plants in Austria and 21 run-of-river power plants in Bavaria with a total capacity of 8,200 megawatts as of Apr18. Also, involved in power trading, electricity sales, and transport. Operates thermal power plants and wind farms in Austria. In 2022, the company recorded annual revenues of 10.87B and a net profit of 1.8B.
What products or services does VERBUND offer?
VERBUND offers Hydropower and Solar Power.
How many acquisitions has VERBUND made?
VERBUND has made 2 acquisitions, including Gas Connect Austria, and SOLAVOLTA.
Who are VERBUND's investors?
VERBUND has 3 investors. Key investors include FFG Austrian Research Promotion Agency, European Union, and Austria Wirtschaftsservice.