Airec Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 3

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $11.1M

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
Corporate Office
  • Hanögatan 5
  • 211 24 Malmo
  • Sweden
Primary Industry
Industrial Supplies and Parts
Other Industries
Business/Productivity Software
Acquirer
Alfa Laval
Corporate Office
  • Hanögatan 5
  • 211 24 Malmo
  • 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 Completed Generating Revenue
5. Later Stage VC 29-Jan-2015 Completed Generating Revenue
4. Grant 23-Dec-2014 Completed Generating Revenue
3. Later Stage VC 17-Mar-2011 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 Patents

  • 15

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Airec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3447428-A1 Heat exchanger plate and heat exchanger Inactive 22-Aug-2017
US-20140158328-A1 Plate for heat exchanger, heat exchanger and air cooler comprising a heat exchanger Inactive 05-Jul-2012
EP-2682702-B1 Plate for heat exchanger, heat exchanger and air cooler comprising a heat exchanger. Inactive 05-Jul-2012
US-20140008046-A1 Plate for heat exchanger, heat exchanger and air cooler comprising a heat exchanger Inactive 05-Jul-2012
EP-2682703-B1 Plate for heat exchanger, heat exchanger and air cooler comprising a heat exchanger. Inactive 05-Jul-2012 F28D9/0043
To view Airec’s complete patent history, request access »

Airec Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Airec Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Future Energy Ventures Venture Capital Minority
Horizon 2020 Government
India Sweden Innovations' Accelerator Accelerator/Incubator
Industrifonden Venture Capital Minority
Sparbanksstiftelsen Skånes Riskkapitalstiftelse Venture Capital Minority
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Airec FAQs

  • When was Airec founded?

    Airec was founded in 2004.

  • Where is Airec headquartered?

    Airec is headquartered in Malmo, Sweden.

  • What is the size of Airec?

    Airec has 3 total employees.

  • What industry is Airec in?

    Airec’s primary industry is Industrial Supplies and Parts.

  • Is Airec a private or public company?

    Airec is a Private company.

  • What is the current valuation of Airec?

    The current valuation of Airec is .

  • What is Airec’s current revenue?

    The current revenue for Airec is .

  • How much funding has Airec raised over time?

    Airec has raised $7.18M.

  • Who are Airec’s investors?

    Future Energy Ventures, Horizon 2020, India Sweden Innovations' Accelerator, Industrifonden, and Sparbanksstiftelsen Skånes Riskkapitalstiftelse are 5 of 6 investors who have invested in Airec.

  • When was Airec acquired?

    Airec was acquired on 02-Jan-2019.

  • Who acquired Airec?

    Airec was acquired by Alfa Laval.

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