Zenuity

Goteborg, Sweden Founded: 2017 • Age: 9 yrs
Zenuity offers software stack solutions for developing self-driving vehicles.

About Zenuity

Zenuity was a Transportation, Automotive & Logistics company based in Goteborg (Sweden) founded in 2017. Zenuity offers software stack solutions for developing self-driving vehicles. It operates on a B2B model. Zenuity has completed 1 acquisition, including Beyonav. The company is recorded as dissolved. Its focus areas include Automotive, Technology, Autonomous Vehicles and Software Solutions. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100).

Company details

Zenuity zenuity offers software stack solutions for developing self-driving vehicles, focusing on dealing with automotive parts, leveraging cutting-edge technology, developing autonomous vehicles, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Indian entity revenue
    ₹32,020

    FY 2020 · +7211% YoY

  • Indian entity net loss
    -₹7.2 Lakh

    FY 2020 · -2252% margin

  • Indian entity EBITDA
    -₹7.2 Lakh

    FY 2020 · -2240% margin

  • Latest Funding Round
    $774.79K (USD), Grant

    May 2019

  • Investors
  • Investments & Acquisitions

Funding Insights of Zenuity

  • Total Rounds 1
  • Last Round Grant β€” $774,789
  • First Round $774,789

    (May 2019)

  • Investors Count 1

All 1 funding rounds of Zenuity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$774,789Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Zenuity

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

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Zenuity

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Board of directors of Amf Wellness Tech Private Limited (Zenuity)

Amf Wellness Tech Private Limited is the primary company behind Zenuity. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parminder Kaul
DIN 02643568
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited
Veer Jee Kaul
DIN 03378280
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited

Financials of Zenuity

Figures of Amf Wellness Tech Private Limited, the primary company behind Zenuity, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.

  • ₹32,020Revenue · FY 2020 · +7211% YoY
  • -₹7.2 LakhNet loss · -2252% margin
  • -₹7.2 LakhEBITDA · -2240% margin
  • ₹2.4 LakhPaid-up capital
  • -50%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.

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Detailed financial statements for Zenuity

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Investments & Acquisitions by Zenuity

Zenuity has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beyonav.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software development services are provided by Beyonav since 2008.
beyonav.comChicago, United States2008Feb 2018β€’β€’β€’β€’
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Complete acquisition details for Zenuity

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Timeline of Zenuity

3 dated milestones of Zenuity across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zenuity is founded.
  2. Acquisition Acquires Beyonav.
  3. Funding First funding round of $775K.
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Frequently Asked Questions about Zenuity

Zenuity was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Zenuity is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

The primary company behind Zenuity, Amf Wellness Tech Private Limited, reported revenue of β‚Ή32,020 for FY 2020, up 7211% year on year.

Zenuity zenuity offers software stack solutions for developing self-driving vehicles, focusing on dealing with automotive parts, leveraging cutting-edge technology, developing autonomous vehicles, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Zenuity has made 1 acquisition, including Beyonav.

Zenuity has 1 investor. Key investors include European Union.

Zenuity operates through Amf Wellness Tech Private Limited.

The legal entities of Zenuity currently have 2 directors, including Parminder Kaul, Veer Jee Kaul.

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