Tytek Group

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Tytek Group - overview

Established

2002

Location

-, OH, US

Primary Industry

Medical Devices & Equipment

About

Tytek Group, based in the US, specializes in solar-powered solutions, notably the first plug-and-play solar water pump, serving agricultural and environmental sectors globally. Founded in 2002 in the US, Tytek Group focuses on renewable energy solutions, particularly solar-powered products. The company has not undergone any significant pivots in its operations or structure since its inception, operating independently without any identified parent or subsidiaries. No information has been provided regarding the founder's background or previous ventures.


The TyTek Group specializes in the design, development, and mass production of innovative products, including the world's first out-of-the-box, plug-and-play solar-powered water pump. This product addresses water scarcity and enhances agricultural irrigation. TyTek serves a diverse client base across North America, Europe, and Asia, focusing on custom-made solutions in agriculture and environmental sustainability, which positions it within the global renewable energy market. TyTek Group generates revenue primarily through direct sales of its solar-powered water pump and related products.


The company operates on a B2B model, working closely with distributors and retailers to facilitate market entry. Revenue streams include one-time purchases and long-term partnerships with clients for customized solutions. This structured approach ensures consistency and reliability, enabling TyTek to maintain competitive pricing and availability in its product offerings. Tytek Group is focusing on launching new products designed to enhance its solar-powered solutions, with specific release dates and product details yet to be announced.


The company aims to expand its market presence in Asia and Europe by 2025, leveraging recent funding to support these initiatives and improve marketing strategies for better reach and product deployment.


Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment

Website

www.tytekgroup.com/

Verticals

HealthTech, Manufacturing

Total Amount Raised

Subscriber access only

Tytek Group - 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, Corporate Carve OutCompletedTyTek Medical Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.