# Expanite A/S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expanite-a-s

- Industry: Chemicals
- Headquarters: Denmark
- Website: www.expanite.com
- Latest round: Seed (May 15, 2010)
- Investors on record: 1

## About

Expanite A/S specializes in advanced surface hardening and heat treatment solutions for materials such as stainless steel and titanium, catering to various industries worldwide.Expanite A/S is a Danish company founded in 2010, focused on innovative surface hardening technologies. The firm has not undergone any significant pivots and currently operates out of Denmark. The company was founded by Marcel Somers, who has a background in developing industrial technology. Expanite has raised a total of DKK 10 million, with the latest funding round completed on December 28, 2016, involving investors such as Finindus, LF Investment ApS, and SEED Capital. Expanite offers specialized heat treatment solutions, including its proprietary SuperExpanite process, which improves wear resistance in various metal types. The company serves clients in the automotive, medical, oil and gas, and aerospace sectors, providing customized hardening processes that align with specific operational needs. Expanite's services are implemented globally, leveraging innovative gas-based processes that minimize waste and support sustainability.In 2023, Expanite reported an EBITDA of DKK 115,390.2, generating revenue through direct B2B transactions and a licensing model that allows clients to utilize its proprietary heat treatment technologies. The company establishes tailored agreements with partners to apply its advanced processes, fostering long-term collaborations that improve product durability and performance.Expanite A/S plans to utilize the recent DKK 10 million funding to enhance its product offerings and expand its market reach. The company is currently developing new innovations aimed at further improving its heat treatment processes, with specific launches expected in the coming year. Expanite is also targeting growth in markets across Asia and North America by the end of 2025, striving to increase its global footprint and service capacity.

## Funding rounds

- Seed, May 15, 2010 — SEED Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Seed