Vortek Industries

Vancouver, Canada Founded: 1976 • Age: 50 yrs Acquired By Mattson Technology
Emission-free flat steel is manufactured using renewable energy.

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.

Key Metrics

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2003$4.1MSeries A––
–
Apr 2002$11.25MSeries A––
–
Apr 2001$3.9MDebt – Conventional––
Valuation history

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Provider of innovation, science and economic development services
1993ic.gc.caOttawa, Canada
Semiconductor wafer processing equipment is manufactured for integrated circuit fabrication.
1988mattson.comFremont, United States
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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
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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.

  1. Founded Vortek Industries is founded.
  2. Funding First funding round of $3.9M.
  3. Funding Latest funding round, Series A, of $4.1M.
  4. 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of diversified optics for microscopic instruments, medical imaging systems and more
1846Oberkochen, Baden-wurttemberg, GermanyUSD 49.79 MUSD 2.62 B–
Wafer fabrication equipment for semiconductors is supplied globally.
1980Fremont, California, United States–USD 18.44 B19,000
Thin-film processing equipment is manufactured for LEDs and MEMS.
1945Plainview, Texas, United States–USD 664.29 M1,230
Materials engineering solutions are supplied for semiconductor and electronics industries.
1967Santa Clara, California, United States–USD 28.37 B35,700
Integrated circuits are manufactured as a semiconductor foundry.
1987Taipei, Taiwan–––
Lithography systems for semiconductor chip production are manufactured.
1984Veldhoven, Noord-brabant, Netherlands–USD 38.39 B44,030
Semiconductor fabrication equipment is developed and manufactured by AMEC.
2004Shanghai, ChinaUSD 186 MUSD 1.77 B–
Semiconductor engineering services in chip design and testing are offered.
2004Bengaluru, Karnataka, IndiaUSD 213 MUSD 120.68 M2,485
IC foundry and semiconductor manufacturing services are provided in China.
2000Shanghai, ChinaUSD 750.67 MUSD 8.07 B19,190
Provides equipment to Semiconductor manufacturing Industry
1978Boston, Massachusetts, United States–USD 839.05 M1,520
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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 – 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.

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