About Althaea
Althaea is a company based in Borsbeek (Belgium) founded in 1999 was acquired by Tony's Chocolonely in April 2021.. Althaea offers products and services including Milk Chocolate 32%, Dark Chocolate 70%, Milk Caramel Sea Salt, and Dark Milk Pretzel Toffee.
- Headquarter Borsbeek, Belgium
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Tony's Chocolonely
(Apr 26, 2021)
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Products & Services of Althaea
Althaea offers a comprehensive portfolio of products and services, including Milk Chocolate 32%, Dark Chocolate 70%, Milk Caramel Sea Salt, and Dark Milk Pretzel Toffee. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fair trade milk chocolate bar for ethical consumption.
Sustainable dark chocolate bar to support cocoa farmers.
Flavored chocolate bar with ethical sourcing practices.
Combination bar promoting fair trade in cocoa industry.
Funding Insights of Althaea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Althaea
Althaea has secured backing from 1 investor. Prominent investors backing the company include Tony's Chocolonely. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Brand of chocolates
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Althaea
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Althaea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Althaea Comparisons
Competitors of Althaea
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Althaea
When was Althaea founded?
Althaea was founded in 1999.
Where is Althaea located?
Althaea is headquartered in Borsbeek, Belgium. It is registered at Borsbeek, Antwerp, Belgium.
What does Althaea do?
Althaea was founded in 1999 and is located in Borsbeek, Belgium. Chocolate processing operations are conducted within the confectionery sector, focusing on Belgian varieties. Raw materials are handled and transformed into finished products for distribution. The companys activities are centered in Belgium, supporting local and international markets through established supply chains. Services include quality control and packaging, with operations managed from the primary site in Borsbeek.
What products or services does Althaea offer?
Althaea offers Milk Chocolate 32%, Dark Chocolate 70%, Milk Caramel Sea Salt, and Dark Milk Pretzel Toffee.
Who are Althaea's investors?
Althaea has 1 investor. Key investors include Tony's Chocolonely.
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