About VMG Group
VMG Group is a company based in Klaipeda (Lithuania) founded in 2002.. VMG Group offers products and services including Furniture and Wood Products and Renewable Energy Solutions.
- Headquarter Klaipeda, Lithuania
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vmg Grupė
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$98.17 M (USD), Debt – Conventional
Jul 16, 2020
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Investors
Swedbank
& 2 more
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Employee Count
Employee Count
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Products & Services of VMG Group
VMG Group offers a comprehensive portfolio of products and services, including Furniture and Wood Products and Renewable Energy Solutions. 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.
Furniture and wood products are produced for mass markets and industrial uses, including components and panels.
Renewable energy solutions are provided, such as solar and wind installations, along with energy management services.
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Funding Insights of VMG Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $98.2M
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First Round
First Round
(16 Jul 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - VMG Group | 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 VMG Group
VMG Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Swedbank, EBRD and Banka Citadele. 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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Corporate advisory services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to individuals and corporates.
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Founded Year | Domain | Location | |
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Commercial banking services are offered in Latvia.
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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 VMG Group
| 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 - VMG Group
| 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 |
Vmg Group Comparisons
Competitors of VMG Group
| 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 VMG Group
When was VMG Group founded?
VMG Group was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is VMG Group located?
VMG Group is headquartered in Klaipeda, Lithuania.
Who is the current CEO of VMG Group?
Egidijus Mockus is the current CEO of VMG Group.
What does VMG Group do?
VMG Group was established in 2002 in Klaipeda, Lithuania, within the wood products sector. Manufacturing and supply of wood-based items are conducted from this location, targeting industrial and commercial needs. Operations emphasize production processes suited to timber materials, with distribution handled across European markets. The CEO role is filled by Egidijus Mockus, overseeing strategic direction. Online resources are accessible via the vmg.eu domain.
What products or services does VMG Group offer?
VMG Group offers Furniture and Wood Products and Renewable Energy Solutions.
Who are VMG Group's investors?
VMG Group has 3 investors. Key investors include Swedbank, EBRD, and Banka Citadele.