Mevea Ltd.

Mevea Ltd.

Finnish high-tech company and one of the leading Digital Twin and real-time simulation technology providers.

HQ location
Lappeenranta, Finland
Website
Launch date
Employees
Enterprise value
$1—2m
Company register number
1979632-8
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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round

€280k

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2018201920202021202220232024
Revenues0000000000000000000000000000
% growth1 %18 %(29 %)(13 %)27 %38 %32 %
EBITDA0000000000000000000000000000
% EBITDA margin21 %22 %9 %30 %---
Profit0000000000000000000000000000
% profit margin5 %3 %(21 %)(8 %)(25 %)22 %5 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue115 %98 %137 %----

Source: Company filings or news article

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More about Mevea Ltd.
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Mevea is a Finnish high-tech company specializing in digital twin and real-time simulation technology. The company provides software and services that enable clients to create physics-based digital twins, which are virtual replicas of physical assets. These digital twins can be used throughout the entire product lifecycle, from development and sales to training and operations. Mevea serves a diverse range of clients, including equipment manufacturers and end-users, who benefit from reduced costs and risks, faster operator training, and enhanced customer engagement. The company operates in the global market, focusing on industries such as maritime, construction, and academic institutions. Mevea's business model involves selling software licenses, providing consulting services, and offering hardware solutions. Revenue is generated through software subscriptions, service fees, and hardware sales. The company is committed to delivering tailored digital twin solutions that meet the specific needs of its clients, thereby driving significant business benefits.

Keywords: digital twin, real-time simulation, product lifecycle, training, maritime, construction, academic solutions, software licenses, consulting services, hardware solutions.

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