About Zense Act
Zense Act is a company based in Sweden founded in 2020 was acquired by Volvo Cars in December 2022.. Zense Act operates in a competitive market with competitors including Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, among others.
- Headquarter Sweden
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Volvo Cars
& 2 more
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Employee Count
Employee Count
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Acquired by
Volvo Cars
(Dec 31, 2022)
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Funding Insights of Zense Act
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Zense Act | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - Zense Act | 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 Zense Act
Zense Act has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Volvo Cars, ECARX and 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manufacture of automotive electronic components
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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 | |
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Automobiles and related products are manufactured by Volvo Cars.
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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 Zense Act
| 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 - Zense Act
| 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 |
Zense Act Comparisons
Competitors of Zense Act
Zense Act 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 Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, 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 |
AI-based system-on-chips are developed for advanced driver assistance systems.
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| domain | founded_year | HQ Location |
Manufacturer of SoCs for automotive industry
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| domain | founded_year | HQ Location |
Developer of AI-based chips for machine vision tasks
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| domain | founded_year | HQ Location |
AI-enabled vision processing for autonomous vehicles is provided.
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| domain | founded_year | HQ Location |
Online platform offering full-stack autonomous driving software and services
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| domain | founded_year | HQ Location |
AI vision systems for vehicle safety features are developed.
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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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Latest news on Zense Act
Frequently Asked Questions about Zense Act
When was Zense Act founded?
Zense Act was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Zense Act located?
Zense Act is headquartered in Sweden.
What does Zense Act do?
Zense Act was founded in 2020 in Sweden, where an AI and SaaS-enabled software platform is provided for autonomous driving development. Self-driving technologies for vehicles are supported via features such as computer vision software, vehicle motion control, and localization systems. An open-source and scalable architecture is utilized to facilitate these operations in the automotive sector.
Who are the top competitors of Zense Act?
Zense Act's top competitors include Mobileye, Indie Semiconductor and Black Sesame Technologies.
Who are Zense Act's investors?
Zense Act has 3 investors. Key investors include Volvo Cars, ECARX, and European Union.
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