When was InnoTech founded?

InnoTech was founded in 2013 and raised its 1st funding round 10 years after it was founded.

Where is InnoTech located?

InnoTech is headquartered in Muscat, Oman.

Who is the current CEO of InnoTech?

Othman Al Mandhari of InnoTech. They have also founded 1 company.

How many employees does InnoTech have?

As of Sep 30, 2026, the latest employee count at InnoTech is 18.

Is InnoTech a funded company?

InnoTech is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 17, 2023.

When was the latest funding round of InnoTech?

InnoTech's latest funding was a $***** Seed round on Jan 24, 2024, with participation from 1 investor.

Where does InnoTech rank among its competitors?

InnoTech ranks 30th amongst 117 active competitors, of which 20 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was ICON, which secured $115M in Aug, 2026.

Who are the top competitors of InnoTech?

InnoTech's top competitors include Tvasta, Mighty Buildings and MiCoB. Among them, ICON secured the most recent funding round in August, 2026.

InnoTech - 2026 Company Profile, Team, Funding & Competitors

Company Details

3D printers for the construction sector. It develops buildings and other infrastructure using 3D printing technology. It constructs houses, prayer rooms, warehouses, offcies, and service buildings.

Website: www.innotech.om/
Social
Email ID: *****@innotech.om

Key Metrics

Founded Year

2013

Location

Muscat, Oman

Stage

Seed

Total Funding

$500K in 2 rounds

Latest Funding Round

Seed, Jan 24, 2024, $*****

Investors

Hope Ventures & 1 more

Ranked

30^th among 117 active competitors

Employee Count

18 as on Sep 30, 2026

Similar Companies

Tvasta & 115 more

View InnoTech's full profile

InnoTech has raised a total funding of $500K over 2 rounds. Its first funding round was on Jul 17, 2023. Its latest funding round was a Seed round on Jan 24, 2024 for $*****. 1 investor participated in its latest round. InnoTech has 2 institutional investors.

Here is the list of recent funding rounds of InnoTech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 24, 2024	4422726	Seed	2095282	8439172	3376052	9049418
Jul 17, 2023	8063843	Seed	5773983	6319882	ITHCA	6890301

Access funding benchmarks and valuations. Sign up today!

View details of InnoTech's funding rounds and investors

The founders of InnoTech is Othman Al Mandhari. Othman Al Mandhari is the CEO of InnoTech.

Here are the details of InnoTech's key team members:

Othman Al Mandhari: Founder & CEO of InnoTech.

View details of InnoTech's Founder profiles and Board Members

InnoTech's employee count trend

InnoTech has 18 employees as of Sep 26. Here is InnoTech's employee count trend over the years:

Uncover InnoTech's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of InnoTech include Tvasta, Mighty Buildings and MiCoB. Here is the list of Top 10 competitors of InnoTech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tvasta 2016, Chennai (India), Seed	Online platform for providing end to end solutions for construction 3D printing	$5.65M	Habitat for Humanity, Enkingint & 40 others	66/100
2nd	Mighty Buildings 2017, Oakland (United States), Series C	Cloud-based 3D printing technology for construction professionals	$150M	Zeno Ventures, Khosla Ventures & 40 others	61/100
3rd	MiCoB 2018, Gandhinagar (India), Seed	Provider of 3D concrete printing solutions for construction	$171K	Empede Capital, 3Lines & 3 others	60/100
4th	ICON 2017, Austin (United States), Series D	Manufacturer of automated construction systems and large scale printing technology	$622M	Norwest, Tiger Global Management & 49 others	59/100
5th	Hyperion Robotics 2018, Helsinki (Finland), Series A	Developer of 3d printing materials and solutions	$10.4M	Katapult, Lifeline Ventures & 6 others	55/100
6th	Cobod 2017, Copenhagen (Denmark), Series C	Provider of 3D construction printers	$1.75M	CEMEX, Holcim & 3 others	49/100
7th	XtreeE 2015, Nanterre (France), Acquired	Manufacturer of large-scale robotic 3D concrete printing systems and print heads for the construction industry	-	Holcim, Shibumi International & 3 others	43/100
8th	Kelvin6k 2020, Chennai (India), Seed	Platform offering robotic construction 3D printers for onsite concrete printing	$200K	Sun Icon Ventures, ValleyNXT Ventures & 1 others	43/100
9th	Black Buffalo 2021, New York City (United States), Series A	Provider of 3D printers for the construction industry	$3.5M	Merida Capital Partners	43/100
10th	Polyuse 2019, Minato City (Japan), Series B	Developer and provider of 3D printing technology tailored for construction applications	$17.3M	Mizuho Financial Group, STRIVE & 5 others	42/100
30th	InnoTech 2013, Muscat (Oman), Seed	3D printers for the construction sector	$500K	ITHCA, Hope Ventures	31/100