Almotech

Noain, Spain Founded: 2018 • Age: 8 yrs
Almotech is focused on transforming used cooking oil into natural soaps.
Annual revenue - Latest available
Total funding $291,899 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Almotech

Almotech is a company based in Noain (Spain) founded in 2018. It operates as a Product-as-a-Service and Subscription Services. Almotech has raised $291.9 thousand across 2 funding rounds from investors including Ship2B, Sodena and Epsilon Group. Almotech offers products and services including Almotech Appliance, Almotech App, and YENXA by Almotech.

  • Headquarter Noain, Spain
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Soluciones Circulares De Navarra
Operational Areas
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $291.9 K (USD)

    in 2 rounds

  • Latest Funding Round
    $291.9 K (USD), Seed

    Dec 22, 2022

  • Investors
    Ship2B

    & 3 more

  • Employee Count
    Not available
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Products & Services of Almotech

Almotech offers a comprehensive portfolio of products and services, including Almotech Appliance, Almotech App, and YENXA by Almotech.

Product name locked
Category locked
Primary

Used cooking oil is transformed into natural soaps automatically.

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User interaction with device is enabled through mobile app.

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Improved home version of Almotech appliance is offered now.

Funding Insights of Almotech

Almotech has successfully raised a total of $291.9K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $291.9 thousand completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Almotech

Almotech has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ship2B, Sodena and Epsilon Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-stage micro VC investments are focused on European startups.
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Social impact investments are facilitated through four acceleration programs.
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Investor details for Almotech

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Investments & Acquisitions by Almotech

Investments
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Investment portfolio details for Almotech

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Financial Statements - Almotech

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Detailed financials for Almotech

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Almotech Comparisons

Almotech Primary company
Description
Almotech is focused on transforming used cooking oil into na...
Location
Noain, Spain
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Almotech

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Competitors of Almotech

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Detailed competitors of Almotech

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Latest news on Almotech

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Frequently Asked Questions about Almotech

Almotech was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Almotech is headquartered in Noain, Spain. It is registered at Noain, Navarra, Spain.

Almotech is a funded company, having raised a total of $291.9K across 2 funding rounds to date.

Almotech is engaged in developing household technology to recycle used cooking oil into natural soaps automatically. The company operates in the environmental technology sector, offering solutions for domestic waste valorization. Its primary product, the Almotech appliance, is supported by a mobile app for user interaction and data tracking on consumption and recycling. Additionally, a subscription model for consumables and an improved version called YENXA are provided to enhance user experience and ecological habits at home.

Almotech offers Almotech Appliance, Almotech App, and YENXA by Almotech.

Almotech has 4 investors. Key investors include Ship2B, Sodena, Epsilon Group, and Easo Ventures.

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