About Vortek Industries
Vortek Industries is a company based in Vancouver (Canada) founded in 1976 was acquired by Mattson Technology in June 2004. Vortek Industries has raised $15.35 million across 3 funding rounds from investors including Mattson Technology and Innovation, Science and Economic Development Canada.
- Headquarter Vancouver, Canada
- SectorsTechnology
- Website vortek.com
- Acquired by Mattson Technology (Jun 2004)
- Total Equity Funding$15.35M (USD)
in 3 rounds
- Latest Funding Round$4.1M (USD), Series A
Apr 2003
- InvestorsMattson Technology
& 1 more
- Acquired byMattson Technology
(Jun 2004)
Funding Insights of Vortek Industries
Vortek Industries has successfully raised a total of $15.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in April 2003. 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 $15.35M
- Total Rounds 3
- Last Round Series A β $4.1M
- First Round $3.9M
(Apr 2001)
- Investors Count 1
All 3 funding rounds of Vortek Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2003 | $4.1M | Series A | β | β | β |
| Apr 2002 | $11.25M | Series A | β | β | β |
| Apr 2001 | $3.9M | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in Vortek Industries
Vortek Industries has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mattson Technology and Innovation, Science and Economic Development Canada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of innovation, science and economic development services | 1993 | ic.gc.ca | Ottawa, Canada | |
Semiconductor wafer processing equipment is manufactured for integrated circuit fabrication. | 1988 | mattson.com | Fremont, United States |
Investor details for Vortek Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Vortek Industries
4 dated milestones of Vortek Industries across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Vortek Industries is founded.
- Funding First funding round of $3.9M.
- Funding Latest funding round, Series A, of $4.1M.
- Exit Acquired by Mattson Technology.
Similar companies to Vortek Industries
10 companies that operate in the same segment as Vortek Industries (Semiconductor Manufacturing & Design), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of diversified optics for microscopic instruments, medical imaging systems and more | 1846 | Oberkochen, Baden-wurttemberg, Germany | USD 49.79 M | USD 2.62 B | – | |
Wafer fabrication equipment for semiconductors is supplied globally. | 1980 | Fremont, California, United States | – | USD 18.44 B | 19,000 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Materials engineering solutions are supplied for semiconductor and electronics industries. | 1967 | Santa Clara, California, United States | – | USD 28.37 B | 35,700 | |
Integrated circuits are manufactured as a semiconductor foundry. | 1987 | Taipei, Taiwan | – | – | – | |
Lithography systems for semiconductor chip production are manufactured. | 1984 | Veldhoven, Noord-brabant, Netherlands | – | USD 38.39 B | 44,030 | |
Semiconductor fabrication equipment is developed and manufactured by AMEC. | 2004 | Shanghai, China | USD 186 M | USD 1.77 B | – | |
Semiconductor engineering services in chip design and testing are offered. | 2004 | Bengaluru, Karnataka, India | USD 213 M | USD 120.68 M | 2,485 | |
IC foundry and semiconductor manufacturing services are provided in China. | 2000 | Shanghai, China | USD 750.67 M | USD 8.07 B | 19,190 | |
Provides equipment to Semiconductor manufacturing Industry | 1978 | Boston, Massachusetts, United States | – | USD 839.05 M | 1,520 |
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Frequently Asked Questions about Vortek Industries
Vortek Industries was founded in 1976 and raised its 1st funding round 25 years after it was founded.
Vortek Industries is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Vortek Industries is a funded company, having raised a total of $15.35M across 3 funding rounds to date. The company's 1st funding round was a Debt β Conventional of $3.9M, raised on Apr 2001.
Vortek Industries was established in 1976 in Vancouver, Canada, within the steel manufacturing sector. Emission-free flat steel is produced via direct iron reduction technology powered by green hydrogen, yielding a carbon dioxide-free process. The value chain is configured for waste minimization, recycling, and resource efficiency. Operations are supported by digitalization to optimize utilization and performance.
Vortek Industries has 2 investors. Key investors include Mattson Technology, and Innovation, Science and Economic Development Canada.
Yes. Vortek Industries was acquired by Mattson Technology in June 2004.
