QiO Technologies
Provides off-the-shelf AI infused applications to industrial and manufacturing customers.
Launch date
Employees
Market cap
-
Enterprise valuation
CAD55—82m (Dealroom.co estimates Feb 2023.)
Company register number 09368431
Farnborough England (HQ)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.8m | 2.5m | 2.0m | 1.3m | 1.1m | <1m | 1.6m |
| % growth | (52 %) | (35 %) | (19 %) | (35 %) | (14 %) | (37 %) | 124 % |
| EBITDA | (3.1m) | (5.0m) | (4.6m) | (3.2m) | (2.5m) | (3.8m) | - |
| % EBITDA margin | (80 %) | (203 %) | (231 %) | (244 %) | (221 %) | (535 %) | - |
| Profit | (2.5m) | (5.3m) | (5.0m) | (3.7m) | (2.9m) | (2.0m) | - |
| % profit margin | (64 %) | (215 %) | (250 %) | (282 %) | (257 %) | (278 %) | - |
| R&D budget | 2.4m | 2.9m | - | 1.7m | 1.0m | - | - |
| R&D % of revenue | 62 % | 116 % | - | 133 % | 91 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | £420k | Angel | |
| N/A | £415k | Angel | |
| N/A | £2.1m | Seed | |
| N/A | £3.0m | Series A | |
| N/A | £7.5m | Series A | |
| N/A | £1.6m | Convertible | |
* | $10.0m | Series B | |
| Total Funding | CAD40.7m | ||
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