fos4X GmbH

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fos4X GmbH - overview

Established

2010

Location

Munich, -, Germany

Primary Industry

Renewable Energy

About

fos4X GmbH specializes in advanced monitoring technologies and integrated solutions for wind turbines, focusing on enhancing operational efficiency and longevity through innovative sensor technologies. Founded in 2010 and headquartered in Munich, Germany, fos4X GmbH provides monitoring solutions for wind turbines. The company was acquired by PolyTech A/S, a portfolio company of Verdane Capital Advisors, in September 2020. The CEO is Kim Bertelsen, who has a background in technology and management.


fos4X GmbH offers advanced monitoring technologies specifically designed for wind turbines. Their core products include innovative blade monitoring solutions that utilize fiber optic sensors to optimize the performance and maintenance of wind energy systems. These technologies are aimed at improving operational efficiency and extending the life of turbine components, serving clients in various markets including Europe, North America, and Asia. In the most recent fiscal year 2019, fos4X GmbH reported a revenue of EUR 7,733,120.


20 and an EBITDA of EUR -2,309,064. 20, reflecting the company's operational financial performance during that period. Following the Series B funding round, in which fos4X GmbH raised EUR 8. 20 mn from investors including Bayern Kapital and Equinor Ventures, the company plans to invest in the development of new monitoring products aimed at enhancing turbine efficiency.


Additionally, fos4X GmbH aims to expand its market presence in North America and Asia by 2023, leveraging recent funding to support these growth initiatives.


Current Investors

Verdane, PolyTech A/S, High-Tech Gruenderfonds

Primary Industry

Renewable Energy

Sub Industries

Wind Power, IT Infrastructure, Analytics & Performance Software, Fiber Optics

Website

www.fos4x.de

Verticals

Artificial Intelligence, Big Data, IoT (Internet of Things), Manufacturing

Company Stage

Add-on

Total Amount Raised

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fos4X GmbH - timeline of key events

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fos4X GmbH - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)---------6,904,571.6---
% Revenue Growth (YoY)-------------
EBITDA (USD)---------(2,061,664.5)---
Operating Income (USD)---------(2,172,531.3)---
Operating Margin---------(31.5%)---
% EBITDA Margin---------(29.9%)---
NET Income (USD)(3,421.9)(26,013.3)(326,034.5)(750,097.6)(615,055.3)(613,320.7)24,840.6457,599.1(2,514,957.5)(2,181,303.3)---
% Net Margin---------(31.6%)---

fos4X GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedfos4X GmbH-

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fos4X GmbH - employee data

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fos4X GmbH - key contacts

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