About Borealis
Borealis is a company based in Vienna (Austria) founded in 1994 was acquired by OMV Group in March 2020. It operates as a Direct-to-Consumer (D2C), and Circular Economy. Borealis has completed 8 acquisitions, including DEXPlastomers, DYM Solution and Ecoplast Kunststoffrecycling. Borealis offers products and services including Polyolefins and Base Chemicals.
- Headquarter Vienna, Austria
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Sectors
Chemicals & Materials
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Email
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Phone
*********
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Website
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Social
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- Legal Name Borealis Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$17.12 M (USD), Grant
Mar 22, 2023
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Investors
OMV Group
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
DEXPlastomers
& 7 more
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Acquired by
OMV Group
(Mar 12, 2020)
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Products & Services of Borealis
Borealis offers a comprehensive portfolio of products and services, including Polyolefins and Base Chemicals. 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.
Polyolefins are used in packaging and automotive parts.
Base chemicals are essential for manufacturing various products.
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Software Development Team
121 people
Product Management Team
69 people
Senior Team
34 people
Leadership Team
31 people
Human Resources and Administration
20 people
Project Team
20 people
Sales and Marketing
18 people
Finance and Accounting
15 people
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Funding Insights of Borealis
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $17.1M
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First Round
First Round
(01 Oct 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Grant - Borealis | Valuation |
investors |
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| Feb, 2023 | Amount | Grant - Borealis | Valuation |
investors |
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| Dec, 2022 | Amount | Grant - Borealis | Valuation |
investors |
| 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 |
Investors in Borealis
Borealis has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include OMV Group, ADNOC and European Investment Bank. 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Borealis
Borealis has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include DEXPlastomers, DYM Solution and Ecoplast Kunststoffrecycling. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of plastic waste recycling services
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2018 | ||||
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Waste recycling services are provided to clients in Belgium.
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2001 | ||||
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Plastomers and polyethylene products are manufactured in Heerlen, Netherlands.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Borealis
| 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 |
Borealis Comparisons
Competitors of Borealis
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Borealis
Frequently Asked Questions about Borealis
When was Borealis founded?
Borealis was founded in 1994 and raised its 1st funding round 21 years after it was founded.
Where is Borealis located?
Borealis is headquartered in Vienna, Austria.
What does Borealis do?
Borealis is involved in the production of polyolefins and base chemicals, serving industries such as energy, consumer products, mobility, healthcare, and infrastructure. Innovative and circular solutions are developed to promote sustainability. Efforts are focused on reducing environmental impact through projects like Project STOP, targeting marine plastic pollution in Southeast Asia. High-quality products and recycling initiatives are emphasized across multiple sectors.
What products or services does Borealis offer?
Borealis offers Polyolefins and Base Chemicals.
How many acquisitions has Borealis made?
Borealis has made 8 acquisitions, including DEXPlastomers, DYM Solution, and Ecoplast Kunststoffrecycling.
Who are Borealis's investors?
Borealis has 5 investors. Key investors include OMV Group, ADNOC, European Investment Bank, European Union, and Austria Wirtschaftsservice.