Airec Overview

  • Founded
  • 2004
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 15
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $11.1M
Latest Deal Amount

Airec General Information

Description

Developer of compact plate heat exchangers designed to conserve energy in boilers, cogeneration power systems, aircraft turbines, various refrigeration and freezer systems, biogas and other processing systems. The company's exchangers used as a critical component to reduce CO2 emissions, enabling clients to use it for gas cooling in biogas upgrading systems.

Contact Information

Website
www.airec.se
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Other Commercial Products
Acquirer
Primary Office
  • Hanögatan 5
  • 211 24 Malmö
  • Sweden
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Airec Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 02-Jan-2019 $11.1M 00.000 000.00 Completed Generating Revenue
5. Later Stage VC 29-Jan-2015 00.000 00.000 Completed Generating Revenue
4. Grant 23-Dec-2014 00.000 00.00 Completed Generating Revenue
3. Later Stage VC 17-Mar-2011 00.00 00.00 Completed Generating Revenue
2. Early Stage VC 22-Sep-2008 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Airec’s complete valuation and funding history, request access »

Airec Executive Team (6)

Name Title Board Seat Contact Info
Marcello Masgrau Chief Technology Officer & Manager, Research & Development
Sven Persson Founder & Deputy Chairman
Staffan Nordström Manager, Sales & Marketing
You’re viewing 3 of 6 executive team members. Get the full list »

Airec Board Members (7)

Name Representing Role Since
Sven Persson Airec Founder & Deputy Chairman 000 0000
Tore Tolke Industrifonden Board Member 000 0000
You’re viewing 2 of 7 board members. Get the full list »

Airec Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Airec Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Horizon 2020 Government 000 0000 000000 0
Industrifonden Venture Capital Minority 000 0000 000000 0
Innovations' Accelerator Accelerator/Incubator 000 0000 000000 0
Sparbankstiftelsen Skanes Riskkapitalstiftelse Venture Capital Minority 000 0000 000000 0
TeknoSeed Venture Capital Minority 000 0000 000000 0
To view Airec’s complete investors history, request access »