About WIP
WIP is an Industrial Goods & Manufacturing company based in Valladolid (Spain) founded in 1999, and was acquired by Lear Corporation in April 2024. Its focus areas include Industrial Goods and Manufacturing, Manufacturing Services and Automation Services.
Company details
Provider of disinfecting wipes and sanitizing wipes for industrial use. The services includes installations and cells for robotic welding, robotic processes automation, adhesive application and assembly, bin picking, belt picking with artificial vision, flexible assembly lines, special machinery, palletizing and packaging lines. It offers a range of solutions for various industries, including automotive, manufacturing, construction, and more.
- Headquarters Valladolid, Spain
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website wip.es
- Social LinkedIn
- Acquired by Lear Corporation (Apr 2024)
- Latest Funding Round$55.82K (USD), Grant
Aug 2016
- InvestorsLear Corporation
& 2 more
- Acquired byLear Corporation
(Apr 2024)
Funding Insights of WIP
- Total Rounds 2
- Last Round Grant — $55,822
- First Round $54,360
(Mar 2016)
- Investors Count 2
All 2 funding rounds of WIP 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 |
|---|---|---|---|---|---|
| Aug 2016 | $55,822 | Grant | – | – | |
| Mar 2016 | $54,360 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in WIP
WIP has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Lear Corporation, European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Major automotive components are manufactured and supplied globally. | 1917 | lear.com | Southfield, United States |
Investor details for WIP
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 WIP
4 dated milestones of WIP across 25 years, from founding to its latest funding, stage changes and deals.
- Founded WIP is founded.
- Funding First funding round of $54K.
- Funding Latest funding round, Grant, of $56K.
- Exit Acquired by Lear Corporation.
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Frequently Asked Questions about WIP
WIP was founded in 1999 and raised its 1st funding round 17 years after it was founded.
WIP is headquartered in Valladolid, Spain. It is registered at Valladolid, Castilla Y Leon, Spain.
Provider of disinfecting wipes and sanitizing wipes for industrial use. The services includes installations and cells for robotic welding, robotic processes automation, adhesive application and assembly, bin picking, belt picking with artificial vision, flexible assembly lines, special machinery, palletizing and packaging lines. It offers a range of solutions for various industries, including automotive, manufacturing, construction, and more.
WIP has 3 investors. Key investors include Lear Corporation, European Union, and EIC Fund.
Yes. WIP was acquired by Lear Corporation in April 2024.