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Sitma - About the company

Sitma is an acquired company based in Hanoi (Vietnam), founded in 1979 by Aris Ballestrazzi. It operates as a Manufacturer of automated packaging and distribution systems. Sitma has raised an undisclosed amount in funding from EIC Fund.

Company Details

Manufacturer of automated packaging and distribution systems. They design and produce machinery for various sectors, including clothing, cosmetics, consumer electronics, and food. The company focuses on e-logistics solutions, offering scalable systems for e-commerce businesses. Their offerings also encompass sustainable packaging options and custom-designed solutions tailored to specific logistical needs. Post-sales support includes maintenance and consulting services to ensure optimal machine performance and operational continuity.
Website
sitma.com
Social
Facebook
Email ID
*****@sitma.it
Phone Number
+39 **********
Key Metrics
Founded Year
1979
Location
Hanoi, Vietnam
Stage
Acquired
Investors
Employee Count
201 - 500 as on Jul 01, 2024
Exit Details
Acquired by Tecnau (Jul 10, 2023)

Sitma's acquisition details

Sitma got acquired by Tecnau on Jul 10, 2023.
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Sitma's funding and investors

Sitma has raised funding over 2 rounds. Its first funding round was on Jan 01, 2020. Its latest funding round was a Grant (prize money) round on Apr 30, 2020 for $*****. 1 investor participated in its latest round. Sitma has 2 institutional investors.

Here is the list of recent funding rounds of Sitma:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 30, 2020
9477005
Grant (prize money)
8110908
8699771
6647141
1983646
Jan 01, 2020
3155453
Grant (prize money)
6564034
8676091
9602654
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Sitma's founders and board of directors

Founder? Claim Profile
The founders of Sitma is Aris Ballestrazzi.
Here are the details of Sitma's key team members:

Sitma's employee count trend

Sitma has 201 - 500 employees as of Jul 24. Here is Sitma's employee count trend over the years:
Employee count trend for Sitma
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Sitma's Investments and acquisitions

Sitma has made no investments or acquisitions yet.

News related to Sitma

Media has covered Sitma for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 2 about people movement.
Tecnau acquires SitmaPrintweekJul 12, 2023Tecnau, Sitma
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FAQs about Sitma

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