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Festo - About the company

Festo is a funded company based in Esslingen (Germany), founded in 1925. It operates as a Manufacturer of pneumatic and electrical automation systems for industrial use. Festo has raised an undisclosed amount in funding. The company has 3806 active competitors, including 41 funded and 312 that have exited. Its top competitors include companies like Siemens, Mitsubishielectric and CG Power & Industrial Solutions.

Company Details

Manufacturer of pneumatic and electrical automation systems for industrial use. Offerings include actuators, valves, sensors, motors, and controllers designed for factory and process automation. The organization provides learning systems and educational equipment for technical schools and industrial training centers. Software and engineering tools are provided for motion control, system configuration, and professional manufacturing workflows.
Website
festo.com
Social
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Email ID
*****@festo.com
Registered Address
APPLIED AUTOMATION CENTRE CASWELL ROAD,BRACKMILLS INDUSTRIAL ESTATE,NORTHAMPTON,ENGLAND,NN4 7PY
Key Metrics
Founded Year
1925
Location
Esslingen, Germany
Stage
Funding Raised
Investors
Ranked
Employee Count
9,345 as on Sep 30, 2026
Investment & Acquisitions
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Festo's funding and investors

Festo has raised funding over 13 rounds. Its first funding round was on Jan 01, 2014. Its latest funding round was a Grant (prize money) round on Jan 15, 2020 for $*****. 1 investor participated in its latest round. Festo has 1 institutional investor.

Here is the list of recent funding rounds of Festo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 15, 2020
5435543
Grant (prize money)
3638415
3779254
4609948
7216256
Dec 17, 2018
8356055
Grant (prize money)
4816594
1667068
1589501
Mar 08, 2018
1667083
Grant (prize money)
8004736
2228592
8474529
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Festo's founders and board of directors

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Festo's employee count trend

Festo has 9,345 employees as of Sep 26. Here is Festo's employee count trend over the years:
Employee count trend for Festo
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Festo's Competitors and alternates

Top competitors of Festo include Siemens, Mitsubishielectric and CG Power & Industrial Solutions. Here is the list of Top 10 competitors of Festo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Siemens
Siemens
1847, Munich (Germany), Public
Provider of industrial automation, electrification, and digitalization technology solutions
-
78/100
2nd
Logo for Mitsubishielectric
Mitsubishielectric
1921, Chiyoda-ku (Japan), Public
Manufacturer of diverse electrical and electronic products, systems, and solutions
-
75/100
3rd
Logo for CG Power & Industrial Solutions
CG Power & Industrial Solutions
1937, Mumbai (India), Acquired
Manufacturer of Industrial and Consumer Electric Equipment
-
74/100
4th
Logo for Parker
Parker
1917, Cleveland (United States), Acquired
Distributor of motion & control technologies
-
74/100
5th
Logo for ABB
ABB
1883, Zurich (Switzerland), Public
Provider of electrification and automation technologies for industrial applications
-
74/100
6th
Logo for Emerson
Emerson
1890, St. Louis (United States), Acquired
Manufacturer of automation systems and industrial software solutions
-
74/100
7th
Logo for Schneider Electric
Schneider Electric
1836, Rueil malmaison (France), Public
Provider of energy management, digital monitoring, protection, and automation services
-
73/100
8th
Logo for Rockwell Automation
Rockwell Automation
1903, Milwaukee (United States), Public
Provider of Industrial automation and information systems
-
72/100
9th
Logo for Honeywell
Honeywell
1885, Charlotte (United States), Public
Provider of automation and technology solutions for building, industrial, and process sectors
$310K
72/100
10th
Logo for Danfoss
Danfoss
1933, Nordborg (Denmark), Series C
Manufacturer of solutions increasing machine productivity, reducing emissions, and lowering energy
$41.2M
72/100
39th
Logo for Festo
Festo
1925, Esslingen (Germany), Funding Raised
Manufacturer of pneumatic and electrical automation systems for industrial use
-
48/100
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Festo's Investments and acquisitions

Festo has acquired 2 companies including Neddermann and Fabco-Air. Festo has not made any investments as of now.

Reports related to Festo

Here is the latest report on Festo's sector:

News related to Festo

lockFilter this list
Media has covered Festo for a total of 14 events in the last 1 year, 10 of them have been about company updates and 3 about people movement.
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