Dymag - About the company
Dymag is an acquired company based in Chippenham (United Kingdom), founded in 2012 by Max Boxstrom. It operates as a Manufacturer of carbon fibre wheels. Dymag has raised $13.7M in funding from Puma Private Equity, with last known valuation of £*****. The company has 460 active competitors, including 5 funded and 60 that have exited. Its top competitors include companies like Accuride Corporation, Wheels India and Steel Strips Wheels.
Company Details
Dymag is a manufacturer of carbon fibre wheels.
- Website
- dymag.com
- Email ID
- *****@dymag.com
- Phone Number
- +44 **********
- Registered Address
- Units A/B Brunel Park Vincients Road, Bumpers Farm, Chippenham, Wiltshire, England, SN14 6NQ
Key Metrics
Founded Year
2012
Location
Chippenham, United Kingdom
Stage
Acquired
Total Funding
$13.7M in 6 rounds
Latest Funding Round
Last Known Valuation
£***** as on Apr 22, 2021
Investors
Ranked
14th among 460 active competitors
Employee Count
20 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by BORBET (Aug 23, 2024)
Legal entities associated with Dymag
Dymag is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Dymag Group Limited CIN: 8336642 , Germany, Active | Dec 18, 2012 | - | 29 (As on Jan 31, 2017) |
Dymag's acquisition details
Dymag got acquired by BORBET on Aug 23, 2024.
Click here to take a look at Dymag's acquisition in detail
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Dymag's funding and investors
Dymag has raised a total funding of $13.7M over 6 rounds. Its first funding round was on May 20, 2015. Its latest funding round was a Series B round on Apr 28, 2023 for $*****. 1 investor participated in its latest round. Dymag has 11 institutional investors and 27 angel investors.
Here is the list of recent funding rounds of Dymag:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2023 | 3470725 | Series B | 5267758 | 6380129 | 9575019 | 3792327 |
Dec 04, 2020 | 8601991 | Series A | 4034827 | 5076684 | 9749910 | 6184202 |
Jan 31, 2020 | 7847831 | Series A | 1200707 | 4606272 | 2191134 | 4182142 |
View details of Dymag's funding rounds and investors
Dymag's founders and board of directors
Founder? Claim ProfileThe founders of Dymag is Max Boxstrom.
Here are the details of Dymag's key team members:
- Max Boxstrom: Co-Founder of Dymag.
Dymag's Board of Directors
Dymag's board has 4 active members. David Gee, Alan Jones and Christopher Shelley are part of team and Jonathan Wyles Cfa is independent board member.Here is the list of Dymag's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 8m | |
cbe{qeu | Team | - | Current | 4y 8m |
hdbkzdy | Team | - | Current | 6y 5m |
Independent board member | - | Current | 6y 4m | |
buig{ic | Independent board member | - | Past | 8y 5m |
ymdjqih | Independent board member | - | Past | 5y 6m |
ijobfhh | Independent board member | - | Past | 1y 4m |
piqrrns | Independent board member | - | Past | 1y 6m |
View details of Dymag's Founder profiles and Board Members
Dymag's employee count trend
Dymag has 20 employees as of Jul 26. Here is Dymag's employee count trend over the years:
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Dymag's Competitors and alternates
Top competitors of Dymag include Accuride Corporation, Wheels India and Steel Strips Wheels. Here is the list of Top 10 competitors of Dymag, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Accuride Corporation 1986, Evansville (United States), Acquired | Manufacturer and suppliers of wheels and wheel-end components to OEMs | - | 57/100 | |
2nd | Wheels India 1962, Chennai (India), Public | Manufacturer of Steel Wheel | - | - | 55/100 |
3rd | Steel Strips Wheels 1991, Chandigarh (India), Public | Manufactures steel wheels and other auto components | - | 54/100 | |
4th | IOCHPE-MAXION 1918, Sao Paulo (Brazil), Funding Raised | Manufacturer and supplier of steel and aluminium wheels | - | 53/100 | |
5th | Superior Industries 1957, Southfield (United States), Acquired | Manufacturer & supplier of aluminum wheels to OEMs and aftermarket | - | 48/100 | |
6th | Carbon Revolution 2004, Waurn Ponds (Australia), Public | Limited information available | - | 47/100 | |
7th | Vaculug 1950, Grantham (United Kingdom), Acquired | Manufacturer of automotive tyres | - | - | 43/100 |
8th | Ronal Group 1969, San Luis Potosi (Mexico), Unfunded | Manufacturer and supplier of light alloy wheels to OEMs and aftermarket | - | - | 43/100 |
9th | Maxion Wheels 1908, Novi (United States), Funding Raised | Global leader in steel and aluminum wheels, shaping future mobility | - | 43/100 | |
10th | Manufacturer and supplier of automotive wheel rims | - | - | 43/100 | |
14th | Dymag 2012, Chippenham (United Kingdom), Acquired | Manufacturer of carbon fibre wheels | $13.7M | 39/100 |
Looking for more details on Dymag's competitors? Click here to see the top ones
Dymag's Investments and acquisitions
Dymag has made no investments or acquisitions yet.
Reports related to Dymag
Here is the latest report on Dymag's sector:
News related to Dymag
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Luxury automotive rims manufacturer acquired by German firmBusiness Sale•Aug 05, 2024•Dymag, Puma Private Equity
•
PE-supported luxury vehicles business snapped up by German firmInsider Media•Aug 02, 2024•Dymag, BORBET
•
Automotive firm Dymag works with Hyundai on carbon hybrid wheels for N Performance carsThe Business Magazine•Aug 03, 2023•Dymag, Hyundai
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Dymag & Hankuk Carbon partner to produce carbon composite rims for OEMsTyrepress•May 04, 2022•Dymag, Hankuk Carbon
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Forgeline and Dymag Collaborate for Two-piece Carbon fiber and Aluminum WheelsTires And Parts•Aug 23, 2019•Dymag, Forgeline
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YFM Equity Partners backs growth of e-learning specialist Elucidat with GBP3.5m investmentPrivate Equity Wire•May 22, 2019•Elucidat, YFM Equity Partners, Dymag, Puma Private Equity and 4 others
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