Ammega - About the company
Ammega is a series A company based in Heerhugowaard (Netherlands). It operates as a Manufacturer of power transmission belts and industrial conveyor belt systems. Ammega has raised $6.8M in funding from Princess Private Equity Holding. The company has 429 active competitors, including 6 funded and 50 that have exited. Its top competitors include companies like SKF, Gates and Rexnord.
Company Details
Manufacturer of power transmission belts and industrial conveyor belt systems. These products facilitate movement and synchronization of machinery across various industrial applications. The offerings include timing belts, V-belts, flat belts, and modular belting components designed for material handling and mechanical power transfer. Technical support and engineering services assist with the installation and maintenance of these mechanical components to ensure operational functionality.
- Website
- ammega.com
- Registered Address
- 10, Havgårds Tværvej, Risskov, 8240
Key Metrics
Location
Heerhugowaard, Netherlands
Stage
Series A
Total Funding
$6.8M in 1 round
Latest Funding Round
Investors
Ranked
11th among 429 active competitors
Employee Count
3,234 as on Sep 30, 2026
Legal entities associated with Ammega
Ammega is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MEGA GROUP HOLDING ApS CIN: 20564008 , Denmark, Active | Jul 24, 1997 | - | - | |
AMMERAAL BELTECH (INDIA) PRIVATE LIMITED CIN: U25192TN2010FTC077795 , India, Dissolved under section 59(8) | Oct 22, 2010 | ₹10 - ₹50 Cr (As on Mar 31, 2021) | 30 (As on Mar 01, 2021) |
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Ammega's funding and investors
Ammega has raised a total funding of $6.8M over 1 round. Its latest funding round was a Series A round on Jan 30, 2020 for $*****. 1 investor participated in its latest round. Ammega has 3 institutional investors.
Here is the list of recent funding rounds of Ammega:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2020 | 9722540 | Series A | 8432842 | 7115461 | 4525688 | 3002111 |
View details of Ammega's funding rounds and investors
Ammega's founders and board of directors
Founder? Claim ProfileAmmega's employee count trend
Ammega has 3,234 employees as of Sep 26. Here is Ammega's employee count trend over the years:
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Ammega's Competitors and alternates
Top competitors of Ammega include SKF, Gates and Rexnord. Here is the list of Top 10 competitors of Ammega, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of bearings, seals, lubrication solutions, and condition-monitoring services for rotating machinery | $295K | 65/100 | ||
2nd | Gates 1911, Denver (United States), Public | Manufacturer and supplier of transmission components to the aftermarket | - | 64/100 | |
3rd | Rexnord 1891, Milwaukee (United States), Public | Designiner and manufacturer of mechanical components | - | 63/100 | |
4th | Novanta 1968, Bedford (United States), Public | Provider of photonic and motion control components and subsystems for medical and industrial markets | - | 61/100 | |
5th | Manufacturers of industrial gears and couplings | - | 59/100 | ||
6th | Timken 1899, North Canton (United States), Acquired | Manufacturer of industrial motion systems including bearings and drive components | - | 56/100 | |
7th | Manufacturing conglomerate focused on mechanical equipment & components | - | - | 53/100 | |
8th | Altra 2004, Braintree (United States), Acquired | Designer and manufacturer of power transmission components and motion control products | - | 52/100 | |
9th | PIX Transmissions 1981, Nagpur (India), Public | Global manufacturer of power transmission belts for diverse industrial applications | - | 52/100 | |
10th | Renold 1996, Wythenshawe (United Kingdom), Acquired | Manufacturer and supplier of chain, gears and couplings | - | - | 51/100 |
11th | Ammega Heerhugowaard (Netherlands), Series A | Manufacturer of power transmission belts and industrial conveyor belt systems | $6.8M | 46/100 |
Looking for more details on Ammega's competitors? Click here to see the top ones
Ammega's Investments and acquisitions
Ammega has acquired 2 companies including MIR and MIR. Ammega has not made any investments as of now.Reports related to Ammega
Here is the latest report on Ammega's sector:
News related to Ammega
Media has covered Ammega for a total of 3 events in the last 1 year.
•
Breitling's Owner Partners Group Faces €6 Billion Debt Refinancing ChallengeFashion Network•Aug 31, 2026•Breitling, Partners Tax, AMMEGA, Partners Group
•
AMMEGA Group Launches Belting Technology Connect Program for CustomersProvisioneronline•Jul 15, 2025•Ammeraal Beltech, AMMEGA
•
Partners Said to Pick Banks for IPO of Conveyor-Belt Firm AmmegaMint•Nov 11, 2024•Partners Group, AMMEGA
•
•
Sonata Software Signs Strategic Partnership with AMMEGA Groupsiliconindia•Dec 20, 2023•Sonata Software, AMMEGA
•
Product Re-Alignment at Ammega Power Transmission and Fluid Power Businesses – United States and Canada OnlyBusiness Wire•Oct 25, 2021•AMMEGA, Megadyne Group, Jason Industrial
•
Matt Tharp New Cfo At Orchid Orthopedic SolutionsOrthopedics•Apr 21, 2021•Orchid Orthopedic Solutions, AMMEGA
•
Midwest Industrial Rubber (MIR) Joins AMMEGA Group Following Completion of AcquisitionBusiness Wire•Feb 04, 2020•AMMEGA, MIR
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