Supplier · Germany
Renk Group AG
HQ Augsburg, GermanyFounded 18731001-5000 employees
Manufactures transmissions and drive systems for military vehicles.
Funding1 round · $537M
- Equity raised
- $537M
- Latest
- $537MIPO · Feb 7, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 7, 2024 | IPO | $537M | — | — | — | Confirmed |
- IPOConfirmed$537MFeb 7, 2024
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Ground vehicles and soldier systems | Supplier | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Manufactures transmissions and drive systems for military vehicles. | Reported |
- Supplierclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Manufactures transmissions and drive systems for military vehicles.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Sources7
Profile5
- 1
Defence Finance Monitor · Supports Organization · description
“The company’s transmissions, suspensions, and now hybrid drive systems are mission-critical components in NATO’s premier tanks and infantry fighting vehicles.”
- 2
Crunchbase · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url
“country: DE”
- 3
LinkedIn · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“country: DE”
- 4
- 5
ZoomInfo · Supports Organization · country
“country: DE”
Funding2
- 6
Reuters · Feb 6, 2024 · Supports Funding round
“said on Tuesday it is increasing its IPO by 50 million euros to sell around 500 million euros ($537.30 million) shares in its private placement”
- 7Regulatory filingRENK Group AG and Triton decided for final private placement volume of RENK Group AG shares
EQS / RENK Group AG · Feb 6, 2024 · Supports Funding round, Funding round · amount
“First day of trading on the regulated market of the Frankfurt Stock Exchange (prime standard) is planned for February 7, 2024”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.