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- Bancar Technologies
Bancar Technologies Funding, Investors & Competitors
Bancar Technologies has raised $519M across 4 funding rounds, most recently a $46M undisclosed-stage round in March 2025.
Last Bancar Technologies funding round
$46M
Undisclosed stage · Mar 2025
Cumulative funding Bancar Technologies raised
$519M
across 4 funding rounds
Bancar Technologies Overview
About Bancar Technologies
Bancar Technologies is a Greenford-headquartered developer of technologies spanning information systems, electronics hardware, and biotechnology. The company focuses on stealth projects in secure communications, embedded processors, and diagnostic devices for healthcare. Bancar Technologies operates from facilities in Ealing, London, and collaborates with UK research institutions on classified defence contracts. Established in 2016, it emphasizes rapid prototyping for government and enterprise clients in Europe.
Founded
2016
HQ
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Services, Subscription
Bancar Technologies Funding History
Bancar Technologies has raised a total of $519M across 4 funding rounds.
Bancar Technologies' first fundraising round was a $34M undisclosed-stage round in September 2018. The most recent completed round was a $46M undisclosed-stage round in March 2025.
Bancar Technologies funding rounds
| Date | Stage | Raised | Deal Summary |
|---|---|---|---|
| Mar 2025 | Undisclosed stage | $46M | - |
| Aug 2021 | Undisclosed stage | $350M | - |
| Oct 2019 | Undisclosed stage | $90M | Bancar Technologies Limited is a UK-based private limited company incorporated on 8 September 2016, classified as a large entity in the activities of other holding companies sector, with its registered office in Manchester. Directors include long-standing members like Niall Ferguson and Pierpaolo Barbieri, alongside others from the US, Hong Kong, Mexico, and UK. It has grown significantly, reporting 1.57K employees, £54.43M turnover, £80.21M cash in bank, £503.52M total assets, and £192.32M net assets as of December 2023. The company uses Ernst & Young LLP as auditor and has shown revenue growth, with turnover increasing 26% to £54.43M and operating profit at -£88.1M for the December 2023 period. Recent filings include statements of capital following share allotments in November 2024 and changes to directors and articles of association. |
| Sep 2018 | Undisclosed stage | $34M | - |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialBancar Technologies Competitors
Bancar Technologies competitors include listed companies like Palo Alto Networks, CrowdStrike, IBM and Fortinet, and private ones like Horizon3.ai and Defense Unicorns.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $30M | - | $2B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $11B | $1B | $307B | 25.9x | ||
| Publicly listed | $4.8B | ($12M) | $252B | 44.5x | ||
| Publicly listed | $68B | $17B | $224B | 4.0x | ||
| Publicly listed | $6.8B | $2.3B | $127B | 15.9x |
Bancar Technologies Public Comps
Bancar Technologies is still privately-owned, but its public comps include NVIDIA, TSMC, Broadcom, Micron, SK Hynix, AMD, ASML, Intel, Lam Research and Applied Materials.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $216B | $142B | 24.4x | 15.6x | 37.1x | 23.8x | |||
| $120B | $83B | 15.9x | 12.1x | 22.9x | 16.6x | |||
| $64B | $34B | 26.5x | 16.8x | 49.3x | 24.7x | |||
| $37B | $18B | 29.0x | 8.0x | 60.3x | 9.6x | |||
| $71B | $47B | 12.1x | 4.3x | 18.1x | 5.3x | |||
| $35B | $7.1B | 25.4x | 19.0x | 124.8x | 75.6x | |||
| $38B | $14B | 16.5x | 13.3x | 43.7x | 31.7x | |||
| $53B | $13B | 11.6x | 10.2x | 45.8x | 31.0x | |||
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Common questions about Bancar Technologies
| When was Bancar Technologies founded? | Bancar Technologies was founded in 2016. |
| Where is Bancar Technologies headquartered? | Bancar Technologies is headquartered in London, United Kingdom. |
| Is Bancar Technologies publicly listed? | No, Bancar Technologies is a private company. |
| How much funding has Bancar Technologies raised? | Bancar Technologies has raised $519M across 4 funding rounds. |
| What was Bancar Technologies' last funding round? | Bancar Technologies' last funding round was a $46M undisclosed-stage round in March 2025. |
| Which companies are comparable to Bancar Technologies? | Companies comparable to Bancar Technologies include Horizon3.ai, Defense Unicorns, Palo Alto Networks, CrowdStrike, IBM and Fortinet. |
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