Kuwait · Investor

NTEC

Last cheque observed Aug 2010. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

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QuietGovernment

BuyoutGrowthSeedIctLife SciencesHealthcare

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque5935days00hrs00min00sec
Median round$14MRounds led0 of 7Exits2 from the portfolioMostly inUnited Kingdom, 43%
Pitch NTEC

NTEC highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series A and Series B: 57% of its rounds

  3. 03

    2 exits from the portfolio

What they do

NTEC plays a vital role in servicing major stakeholders, locally and regionally, with their technology needs through innovative and flexible business models accommodating technology projects development, technology investments, advisory services and supportive Training & Development programs.From their own website
Type
Government
Cheque size
Not stated
Stages
BuyoutGrowthSeedSeries A
Sectors
IctLife SciencesHealthcare
Based in
Kuwait City, Kuwait
Cold pitches
Not accepted

The record

Every round we can evidence, newest first7 appearances

  1. 2010

    1 round

  2. Aug
    PalringoSeries B · GB$3.9MWith 4 others
  3. 2009

    1 round

  4. May
    StreamezzoSeries D · FR · journalist-association.eu$5.5MWith 4 others
  5. 2007

    5 rounds

  6. Dec
    StreamezzoSeries C · FR · webitpr.com$22MWith 5 others
  7. Dec
    PalringoSeries A · GB$5.2MWith 4 others
  8. Oct
    Oxford ImmunotecSeries C · GB · oxfordimmunotec.com$40MWith 5 others
  9. May
    Petra SystemsSeries A · US$14MWith 2 others
  10. Feb
    immatics biotechnologiesSeries B · DE · tornado-insider.com$52MWith 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 2 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

4 of 38 we have independently watched raise

EmeritusGustImpulseNestCambridge-leadershipChathamhouseColumbiaDialogixEarthcapitalEmergingworldEnertechEnterpriseEonrealityFraunhoferGicGlobalallianceprHarvardHecImperialKcbKfasKisrKlscKpcLeadingpracticeLondonMitMocMpgNascoPaaetPahwSacgcSiteStratx-exlThunderbirdTomorrowtodayglobalUtexas

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

Oxford ImmunotecListed$64MNov 2013
StreamezzoBought by AmdocsUndisclosedApr 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as NTEC. A count of rooms they were both in, not a relationship either has claimed.

DFJ ePlanet VenturesGrowth equity2rounds togetherGET ValorisationVC firm2rounds togetherNorthstar VenturesVC firm2rounds togetherPrime VenturesVC firm2rounds togetherQualcommCorporate VC2rounds togetherSofinnova PartnersVC firm2rounds togetherWellington PartnersVC firm2rounds together

Quick answers about NTEC

What does NTEC invest in?

NTEC invests most often at Series A and Series B (57% of the rounds on record), in sectors such as Ict, Life Sciences and Healthcare.

How active is NTEC?

7 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2010.

How big are NTEC's cheques?

The median round it joins is $14M.

Does NTEC lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does NTEC invest?

Most of the companies it backs are in the United Kingdom (43%), France (29%) and the United States (14%).

Is NTEC investing now?

No investments in the last 12 months; the latest was in Aug 2010.

Who does NTEC invest alongside?

Most often DFJ ePlanet Ventures (2 rounds together), GET Valorisation (2 rounds together) and Northstar Ventures (2 rounds together).

What kind of investor is NTEC?

NTEC is a government based in Kuwait City, Kuwait.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it