Wavetrain

Lysaker, Norway Founded: 2009 • Age: 17 yrs
Provider of level crossing warning system
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About Wavetrain

Wavetrain is a company based in Lysaker (Norway) founded in 2009.. Wavetrain operates in a competitive market with competitors including KONUX, Frauscher, Senvisys, Viezo and TrackSense, among others.

  • Headquarter Lysaker, Norway
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $374.83 K (USD), Grant

    Jul 01, 2015

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Wavetrain

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $374,834
  • First Round

    (01 Jul 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2015 Amount Grant - Wavetrain 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

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Investors in Wavetrain

Wavetrain has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Wavetrain

Investments
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 - Wavetrain

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Wavetrain Comparisons

Employees
+
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Competitors of Wavetrain

Wavetrain 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 KONUX, Frauscher, Senvisys, Viezo and TrackSense, 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
Provider of smart sensors and AI-enabled data analytics tool for railways
domain founded_year HQ Location
Manufacturer of the sensors for railways
domain founded_year HQ Location
Railway sensors are developed and manufactured for safety monitoring.
domain founded_year HQ Location
Lithium ion-powered wireless IoT sensors are provided for industrial applications.
domain founded_year HQ Location
Offers cloud-based solutions for monitoring railway health and safety.
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 Wavetrain

Frequently Asked Questions about Wavetrain

When was Wavetrain founded?

Wavetrain was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is Wavetrain located?

Wavetrain is headquartered in Lysaker, Norway.

Who is the current CEO of Wavetrain?

Hakon Heier is the current CEO of Wavetrain.

What does Wavetrain do?

Founded in 2009 and based in Lysaker, Norway, operations focus on railway safety through level crossing warning systems. Acoustic sensors are installed along tracks to capture vibration data, which is processed by a computer. Signals are triggered to close crossing gates when train-induced sound waves exceed set thresholds. Technical anomalies in approaching trains and tracks are also detected by the sensors.

Who are the top competitors of Wavetrain?

Wavetrain's top competitors include KONUX, Frauscher and Senvisys.

Who are Wavetrain's investors?

Wavetrain has 1 investor. Key investors include European Union.

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