About Betolar
Betolar is a company based in Kannonkoski (Finland) founded in 2016 by Juha Leppanen.. Betolar has raised $8.26 million across 4 funding rounds from investors including Business Finland, The Finnish Climate Fund and Nidoco. The company has 1 employees as of April 02, 2024. Betolar offers products and services including Geoprime and Sidestream Analysis. Betolar operates in a competitive market with competitors including Solidiatech, Brimstone, Hoffmann Green Cement Technologies, Carbon Re and Fortera, among others.
- Headquarter Kannonkoski, Finland
- Employees 1 as on 02 Apr, 2024
- Founders Juha Leppanen
-
Sectors
Real Estate & ConstructionEnvironment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Betolar India Private Limited
- Date of Incorporation 01 Sep, 2021
- Jurisdiction Bandra, Maharashtra, India
-
Annual Revenue
$470.18 K (USD)0as on Mar 31, 2023
-
Net Profit
$16.55 K (USD)9276.2as on Mar 31, 2023
-
EBITDA
$27.07 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$8.26 M (USD)
in 4 rounds
-
Latest Funding Round
$2.89 M (USD), Grant
Sep 19, 2023
-
Investors
Business Finland
& 8 more
-
Employee Count
1
as on Apr 02, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Betolar
Betolar offers a comprehensive portfolio of products and services, including Geoprime and Sidestream Analysis. 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.
Replaces cement to reduce CO2 emissions in construction
Analyzes industrial sidestreams to increase their value in mining
Unlock access to complete
Funding Insights of Betolar
Betolar has successfully raised a total of $8.26M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.89 million completed in September 2023. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $2.9M
-
First Round
First Round
(17 Nov 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - Betolar | Valuation |
investors |
|
| Nov, 2021 | Amount | Debt – Conventional - Betolar | Valuation |
investors |
|
| Sep, 2021 | Amount | Series A - Betolar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Betolar
Betolar has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Business Finland, The Finnish Climate Fund and Nidoco. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Long-term value is created by Nidoco through active ownership.
|
Founded Year | Domain | Location | |
|
Early-stage startups in sustainable built environments are supported.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Betolar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Betolar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Betolar Comparisons
Competitors of Betolar
Betolar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solidiatech, Brimstone, Hoffmann Green Cement Technologies, Carbon Re and Fortera, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
The company is offering sustainable solutions for the construction industry
|
|
| domain | founded_year | HQ Location |
Low-carbon cement is produced via a carbon-negative process.
|
|
| domain | founded_year | HQ Location |
Manufacturer of low carbon cement
|
|
| domain | founded_year | HQ Location |
AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
|
|
| domain | founded_year | HQ Location |
Cement is manufactured with customized decarbonization solutions for plants.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Betolar
Frequently Asked Questions about Betolar
When was Betolar founded?
Betolar was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Betolar located?
Betolar is headquartered in Kannonkoski, Finland.
Who is the current CEO of Betolar?
Tuija Kalpala is the current CEO of Betolar.
Is Betolar a funded company?
Betolar is a funded company, having raised a total of $8.26M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.89M, raised on Nov 17, 2020.
How many employees does Betolar have?
As of Apr 02, 2024, the latest employee count at Betolar is 1.
What is the annual revenue of Betolar?
Annual revenue of Betolar is $470.18K as on Mar 31, 2023.
What does Betolar do?
Betolar was established in 2016 in Kannonkoski, Finland, as a materials technology firm. Low-carbon and waste-free solutions are developed and supplied to address CO emissions and reliance on virgin natural resources. Focus is placed on the construction and mining industries, where industrial by-products are utilized to create sustainable alternatives. Operations emphasize resource efficiency across these sectors.
Who are the top competitors of Betolar?
What products or services does Betolar offer?
Betolar offers Geoprime and Sidestream Analysis.
Who are Betolar's investors?
Betolar has 9 investors. Key investors include Business Finland, The Finnish Climate Fund, Nidoco, Kiilto Ventures, and Ahti Invest.