TactoTek

ElectronicsSeries COulu, Finlandtactotek.com

Latest round

Series C

Last raised

Feb 2020

Total raised

$42M

Investors

12

About TactoTek

Based in Finland, TactoTek Oy specializes in developing injection-molded technology that integrates into user interfaces, creating innovative, sustainable solutions for various industries such as automotive and smart home. Founded in 2011 in Oulu, Finland, TactoTek Oy focuses on the production of smart molded structures. The CEO is Jussi Harvela, and the company was established with a vision to revolutionize user interaction through integrated technology. TactoTek specializes in the development and manufacturing of smart molded structures that integrate technology into user interfaces. Their core offerings focus on creating sustainable, interactive surfaces that transform conventional designs into intelligent and engaging experiences. These products aim to solve challenges in human-machine interaction by seamlessly blending technology with natural user experiences, enhancing usability and aesthetics. TactoTek serves a diverse client base across various industries, including automotive, aviation, and smart home sectors, with a strong emphasis on meeting sustainability goals. Their products are marketed in multiple geographical regions, notably North America, Europe, and Asia, catering to clients looking for innovative solutions that reduce waste and streamline manufacturing processes. In 2022, TactoTek reported a revenue of EUR 1,033,001 with an EBITDA of EUR -9,416,044. The company's revenue model primarily revolves around B2B transactions, supplying their smart molded structures to clients in various sectors. The company engages in partnerships and collaborations with manufacturers and product designers, facilitating the integration of their technologies into final consumer products. Transactions typically involve customized solutions tailored to meet specific client needs, generating revenue through direct sales and long-term contracts. While specific pricing plans for their flagship offerings, including their trademarked Smart Surface™ technology, are not disclosed, it is understood that pricing aligns with the complexity and scale of the projects undertaken. The company is focusing on designing new products that will be launched in the coming years and aims to expand its footprint in Asia and North America by 2025.

Who invested in TactoTek

12 investors across 3 rounds

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Funding rounds

  1. Series C

    Feb 6, 2020

    Amount

    $25M

    Investors

    Locked

  2. Series B

    Feb 15, 2018

    Amount

    $15M

    Investors

    Locked

  3. Seed

    Jan 27, 2012

    Amount

    $1.9M

    Investors

    Locked

Questions about TactoTek

Who invested in TactoTek?

TactoTek has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has TactoTek raised?

TactoTek has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did TactoTek last raise money?

TactoTek's most recent round on record is a Series C, in Feb 2020.

What does TactoTek do?

Based in Finland, TactoTek Oy specializes in developing injection-molded technology that integrates into user interfaces, creating innovative, sustainable solutions for various industries such as automotive and smart home.

Where is TactoTek headquartered?

TactoTek is headquartered in Oulu, Finland.

Which VCs invest in companies like TactoTek?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back electronics companies at TactoTek's stage. Their profiles are linked below.

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