IonPhasE
A range of inherently dissipative polymers (IDPs), that are used to reduce the resistivity of polymers.
- Chemical
| Date | Investors | Amount | Round |
|---|---|---|---|
€24.0m Valuation: €24.0m 2.9x EV/Revenue -77.7x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (14 %) | 45 % | 2 % | (8 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (5 %) | (15 %) | (4 %) | (14 %) | (7 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (15 %) | (32 %) | (20 %) | (24 %) | (14 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 106 % | 98 % | 95 % | 104 % |
Source: Company filings or news article
IonPhasE was founded with a vision to tackle the challenges posed by static electricity in various industries. The company was established by a team of innovative minds, although specific names of the founders are not readily available. IonPhasE specializes in developing advanced static electricity control solutions, which are crucial in sectors like electronics, chemicals, and automotive, where static discharge can lead to significant damage and operational inefficiencies.
Over the years, IonPhasE has carved out a niche for itself by focusing on high-performance additives that enhance the safety and reliability of products susceptible to static electricity. Their solutions are integrated into a wide range of materials, providing essential protection and improving product longevity.
A significant milestone in IonPhasE's journey was its acquisition by Croda International in 2017. This acquisition allowed IonPhasE to leverage Croda's extensive global network and resources, accelerating its growth and expanding its reach into new markets. The acquisition was a strategic move that underscored the importance of IonPhasE's technology in the global market.
Today, IonPhasE continues to innovate under the Croda umbrella, contributing to safer and more efficient industrial processes worldwide. Their journey from a specialized startup to a key player in the static electricity solutions market exemplifies the impact of targeted innovation and strategic partnerships.