Borit Overview

  • Founded
  • 2009

Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 22

Employees

  • Latest Deal Type
  • M&A

Borit General Information

Description

Manufacturer of hydroformed components and assemblies intended to contribute to the clean energy economy. The company uses proprietary forming technology and offers metal bipolar plates, flow fields, structural parts and panels among others along with cutting, laser welding, coating and sealing, enabling industries to get precision sheet metal sheets for use in transportation, construction, furniture, packaging and general industrial applications.

Contact Information

Website
www.borit.be
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Other Commercial Products
Primary Office
  • Lammerdries 18e
  • 2440 Geel
  • Belgium
+32 014 00 00 00

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Borit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 20-Nov-2020 000.00 Completed Generating Revenue
5. Later Stage VC 17-Jun-2020 00.000 000.00 000.00 Completed Generating Revenue
4. Later Stage VC 04-Aug-2015 00.000 000.00 000.00 Completed Generating Revenue
3. Later Stage VC 30-Dec-2014 00.000 000.00 00.000 Completed Generating Revenue
2. Early Stage VC 26-Oct-2011 $1.07M $4.73M 00.000 Completed Startup
1. Early Stage VC 23-Apr-2010 $3.66M $3.66M 00.000 Completed Startup
To view Borit’s complete valuation and funding history, request access »

Borit Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Class D 000,000 000.00 000.00 00 000.00 0.000
Class C 000,000 000.00 000.00 00 000.00 0.000
Class B 6,597 $14.59 $14.59 1x $14.59 1.01%
Class A 260,863 $14.59 $14.59 1x $14.59 40.12%
To view Borit’s complete cap table history, request access »

Borit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of hydroformed components and assemblies intended to contribute to the clean energy economy. The company us
Industrial Supplies and Parts
Geel, Belgium
22 As of 2022
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00000 0000000000 000
Tulsa, OK

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Tempe, AZ
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Borit Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Intermarktubular Corporation Tulsa, OK
00000-0000 Private Equity-Backed Tempe, AZ 00 00 000000
You’re viewing 2 of 2 competitors. Get the full list »

Borit Patents

Borit Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3174848-A1 Positioning a first and second metal plate in a laser beam welding position Pending 06-Apr-2020 0000000000
EP-4132741-A1 Positioning a first and second metal plate in a laser beam welding position Pending 06-Apr-2020 0000000000
US-20230150064-A1 Positioning a first and second metal plate in a laser beam welding position Pending 06-Apr-2020 0000000000
EP-3224888-B1 Fuel cell component and method of manufacturing of a fuel cell component Active 27-Nov-2014 0000000000 0
EP-3224888-A1 Fuel cell component and method of manufacturing of a fuel cell component Active 27-Nov-2014 H01M8/0284
To view Borit’s complete patent history, request access »

Borit Executive Team (2)

Name Title Board Seat Contact Info
Luc Wanten Chief Executive Officer
You’re viewing 1 of 2 executive team members. Get the full list »

Borit Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-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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Borit Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Finindus Venture Capital Minority 000 0000 000000 0
OCAS Ventures Venture Capital Minority 000 0000 000000 0
Participatiemaatschappij Vlaanderen Asset Manager Minority 000 0000 000000 0
To view Borit’s complete investors history, request access »