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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
Social
XFacebook
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
Ranked
Employee Count
20 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by BORBET (Aug 23, 2024)

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:lockFilter 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
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Dymag's founders and board of directors

Founder? Claim Profile
The founders of Dymag is Max Boxstrom.
Here are the details of Dymag's key team members:

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

Dymag's employee count trend

Dymag has 20 employees as of Jul 26. Here is Dymag's employee count trend over the years:
Employee count trend for Dymag
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Accuride Corporation
Accuride Corporation
1986, Evansville (United States), Acquired
Manufacturer and suppliers of wheels and wheel-end components to OEMs
-
57/100
2nd
Logo for Wheels India
Wheels India
1962, Chennai (India), Public
Manufacturer of Steel Wheel
-
-
55/100
3rd
Logo for Steel Strips Wheels
Steel Strips Wheels
1991, Chandigarh (India), Public
Manufactures steel wheels and other auto components
-
54/100
4th
Logo for IOCHPE-MAXION
IOCHPE-MAXION
1918, Sao Paulo (Brazil), Funding Raised
Manufacturer and supplier of steel and aluminium wheels
-
53/100
5th
Logo for Superior Industries
Superior Industries
1957, Southfield (United States), Acquired
Manufacturer & supplier of aluminum wheels to OEMs and aftermarket
-
 
48/100
6th
Logo for Carbon Revolution
Carbon Revolution
2004, Waurn Ponds (Australia), Public
Limited information available
-
47/100
7th
Logo for Vaculug
Vaculug
1950, Grantham (United Kingdom), Acquired
Manufacturer of automotive tyres
-
-
43/100
8th
Logo for Ronal Group
Ronal Group
1969, San Luis Potosi (Mexico), Unfunded
Manufacturer and supplier of light alloy wheels to OEMs and aftermarket
-
-
43/100
9th
Logo for Maxion Wheels
Maxion Wheels
1908, Novi (United States), Funding Raised
Global leader in steel and aluminum wheels, shaping future mobility
-
43/100
10th
Logo for Sazgar
Sazgar
1991, Lahore (Pakistan), Unfunded
Manufacturer and supplier of automotive wheel rims
-
-
43/100
14th
Logo for Dymag
Dymag
2012, Chippenham (United Kingdom), Acquired
Manufacturer of carbon fibre wheels
$13.7M
39/100
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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

lockFilter this list
•
Borbet GmbH acquires wheel manufacturer DymagMachinery-Market•Aug 23, 2024•Dymag, BORBET
•
New investor for DymagInsider Media•Apr 28, 2023•Hankuk Carbon, Dymag, Charles Russell Speechlys
•
Carbon-fibre wheel firm set to ramp up productionMachinery-Market•Nov 19, 2019•Dymag
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