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Mantex

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Producing the next generation of accurate measurement instruments for the bioenergy and pulp industry

Stockholm, SwedenFounded 2007Energy
Valuation $1.6M Market cap · 2026
Revenue $334K Latest reported FY
Total funding $10–50M Disclosed equity funding

About Mantex

Mantex AB, based in Sweden, specializes in the development and production of advanced X-ray scanners designed for the bioenergy, pulp, and paper industries. The company's primary focus is on providing real-time analysis of organic materials used in industrial processes. Their innovative technology, known as Quantitative Dual-energy X-ray Absorptiometry (qDXA), allows for precise measurement of various properties such as moisture, dry content, and the presence of foreign objects in materials like wood chips and biofuels.

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Mantex serves clients in the bioenergy sector, including companies involved in the buying and selling of biofuels, as well as those in the pulp and paper industry. Their products are particularly valuable for businesses looking to optimize their production processes and improve the quality of their outputs. By using Mantex's scanners, clients can achieve better control over their raw materials, leading to more efficient and cost-effective operations.

The market Mantex operates in is highly specialized, focusing on industries that require accurate and real-time data to manage natural variations in organic materials. This includes bioenergy producers who need to assess the quality of biofuels and pulp and paper manufacturers who need to control the chemical pulp production process.

Mantex's business model revolves around the sale of their X-ray scanning equipment and related services. They generate revenue by selling these high-tech scanners to industrial clients, who benefit from the enhanced accuracy and efficiency these devices provide. Additionally, Mantex may offer maintenance and support services, ensuring that their equipment continues to operate at peak performance.

In summary, Mantex AB leverages advanced X-ray technology to offer critical real-time analysis tools for the bioenergy and pulp and paper industries, helping clients optimize their production processes and improve material quality.

Source: Dealroom company data

At a glance

Founded
2007
Headquarters
Stockholm, Sweden
Listing
IPO 2017
Sector
Energy

Latest news

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Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • European Innovation Council

Series A4 investors entered at this stage

  • Innogy Ventures
  • Swedish Energy Agency
  • Innogy Venture Capital
  • Industrifonden
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇸🇪 Sweden90.9%
🇺🇸 United States9.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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