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Basalte bv

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Year established

2008

Location

Merelbeke Belgium

Primary Industry

Electronics

About

Based in Merelbeke, Belgium, and founded in 2008 by CEO Klaas Arnout, and COO Sandra Maes, Basalte bv, a.k.a. Basalte creates design products, such as design keypads, refined touch panels, elegant speakers, and more for the intelligent home. In October 2022, EMH Partners invested in Basalte Group N.V. for a minority stake. As of October 2022, the company employs about 65 employees. The company provides its products under four segments, which are Basalte Home, Controls, Music, and iPad mounts. The Basalte Home segment offers an application for iPad and smartphone to control lights, scenes, shades, music, climate, and more of the home. The Controls segment offers lena, a touch display to access the entire home, ellie, a touchscreen for accessing all Basalte Home app and home technology, and miro, a remote to control Basalte Home. The music segment offers aalto, a collection of speakers with various finish and mounting options, plano, a wall speaker, and cielo, a ceiling speaker for rooms. The iPad mounts segment offers eve plus, a docking station for iPad, and more. Basalte plans to use its proceeds from October 2022 funding to extend its brand presence and accelerate its international business expansion.
Current Investors
EMH Partners

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Primary Industry
Electronics
Sub Industries
Consumer Electronics, Electronics, Internet
Website
www.basalte.be
Verticals
IoT (Internet of Things), Manufacturing, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only

Deals

Deals Type
Growth
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Basalte bv 07 Oct 2022
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