Borit Overview
- Founded
-
2009

- Status
-
Acquired/Merged
- Employees
-
22

- 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)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Other Commercial Products
Parent Company
Primary Office
- Lammerdries 18e
- 2440 Geel
- Belgium
+32 014 00 00 00
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 |
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% |
Borit Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
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
000.00
000000&0
000.00
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 |
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 |
Borit Executive Team (2)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Luc Wanten | Chief Executive Officer |
Borit Signals
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 |