About Wiretronic
Wiretronic is a company based in Vanersborg (Sweden) founded in 2012.. Wiretronic offers products and services including Wiring Harness Systems, Mechatronic Solutions, WireVision, Diagnostic Tools, and Prototypes. Wiretronic operates in a competitive market with competitors including ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.
- Headquarter Vanersborg, Sweden
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Wiretronic Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$59.52 K (USD), Grant
Aug 31, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Wiretronic
Wiretronic offers a comprehensive portfolio of products and services, including Wiring Harness Systems, Mechatronic Solutions, WireVision, Diagnostic Tools, and Prototypes. 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.
Develops electrical wiring for vehicles and machinery in low volumes
Provides integrated mechanical and electronic systems for custom needs
AI system for wiring harness identification and diagnostics
Tools for identifying problems in electrical systems
Rapid prototyping for automotive and defence applications
Funding Insights of Wiretronic
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $59,518
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First Round
First Round
(01 Jan 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Grant - Wiretronic | Valuation |
investors |
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| Jan, 2020 | Amount | Grant - Wiretronic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wiretronic
Wiretronic has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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 |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wiretronic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wiretronic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wiretronic Comparisons
Competitors of Wiretronic
Wiretronic 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 ZF, HELLA, Cummins, Cooper Standard and Gentex, 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Electronic components are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Gentex Corporation is engaged in developing automotive and safety technologies.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Wiretronic
When was Wiretronic founded?
Wiretronic was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Wiretronic located?
Wiretronic is headquartered in Vanersborg, Sweden.
Who is the current CEO of Wiretronic?
Christoffer Weber is the current CEO of Wiretronic.
What does Wiretronic do?
Wiretronic was established in 2012 in Vanersborg, Sweden, as a provider of mechatronic components, wiring harnesses, and associated products tailored to the automotive sector. Operations focus on manufacturing and distribution within this industry, serving clients through specialized engineering solutions. The company is led by CEO Christoffer Weber, with activities centered in the European market to support vehicle assembly and electronics integration.
Who are the top competitors of Wiretronic?
What products or services does Wiretronic offer?
Wiretronic offers Wiring Harness Systems, Mechatronic Solutions, WireVision, Diagnostic Tools, and Prototypes.
Who are Wiretronic's investors?
Wiretronic has 2 investors. Key investors include European Union, and EIC Fund.