About VNG
VNG is a company based in Leipzig (Germany) founded in 1958. It operates as a Managed Services, and Green Energy-as-a-Service. VNG offers products and services including Gas Transport, Gas Storage, Biogas Solutions, Digital Infrastructure, and Green Hydrogen. VNG operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.
- Headquarter Leipzig, Germany
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vng Ag
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$65.48 M (USD), Grant
Jun 25, 2024
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of VNG
VNG offers a comprehensive portfolio of products and services, including Gas Transport, Gas Storage, Biogas Solutions, Digital Infrastructure, and Green Hydrogen. 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.
Gas transport services are provided for secure energy distribution.
Gas storage solutions are offered for energy supply stability.
Biogas production is supported for sustainable energy alternatives.
Digital infrastructure services are developed for energy systems.
Green hydrogen solutions are advanced for decarbonized energy.
Unlock access to complete
Unlock access to complete
Funding Insights of VNG
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $65.5M
-
First Round
First Round
(25 Jun 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Grant - VNG | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in VNG
VNG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Federalministryforeconomicaffairsandenergy. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by VNG
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - VNG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vng Comparisons
Competitors of VNG
VNG 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 Shell, Dominion Energy, Eni Next, Gazprom and Suncor, 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 |
Shell is recognized as a global energy and petrochemical company.
|
|
| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
|
|
| domain | founded_year | HQ Location |
Provider of exploration, production, and distribution services of oil & gas
|
|
| domain | founded_year | HQ Location |
Gazprom is engaged in the exploration, production, and distribution of natural gas.
|
|
| domain | founded_year | HQ Location |
Oil sands development, exploration, production, and refining are conducted.
|
|
| domain | founded_year | HQ Location |
Electricity and natural gas distribution services are provided globally.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Vng
Frequently Asked Questions about VNG
When was VNG founded?
VNG was founded in 1958 and raised its 1st funding round 66 years after it was founded.
Where is VNG located?
VNG is headquartered in Leipzig, Germany. It is registered at Leipzig, Saxony, Germany.
Who is the current CEO of VNG?
Ulf Heitmuller is the current CEO of VNG.
What does VNG do?
VNG AG is involved in the energy sector with a focus on gas supply, transport, and storage solutions. Activities are organized into business areas such as trade and sales, biogas production, and digital infrastructure. The company is based in Leipzig, Germany, and pursues transformation through innovative projects like green gases and hydrogen under the VNG 2030 strategy. Emphasis is placed on decarbonization and sustainable energy systems across various regions.
Who are the top competitors of VNG?
VNG's top competitors include Dominion Energy, Shell and Uniper.
What products or services does VNG offer?
VNG offers Gas Transport, Gas Storage, Biogas Solutions, Digital Infrastructure, and Green Hydrogen.
Who are VNG's investors?
VNG has 1 investor. Key investors include Federalministryforeconomicaffairsandenergy.