The Venture Codex Logo

The Venture Codex

Megadyne

11506 S State St, Draper, UT, 84020, United States

Overview

Megadyne is a Mathi, Turin, Italy–based producer of thermoplastic and thermoset polyurethane belts, rubber belts and various material pulleys. Founded in 1957 by Corrado Tadolini and today led by Giorgio and Marco Tadolini, the company serves multiple industrial sectors. Megadyne employs about 1,500 people and reported turnover of €180m in 2011. The company received a €20m equity investment from Fondo Italiano di Investimento, which acquired a minority stake. Megadyne intends to use the proceeds to expand into new markets.

Total raised
$24M
Funding rounds
1
Latest round
Equity
Latest activity
Aug 2012

Industries

  • Apps
  • Industrial
  • Manufacturing
  • Transportation
Visit website

Recent funding

  1. Equity

    Aug 2012

    $24M

Team

No current team members are available.