About Covalact
Covalact is a company based in Sfantu Gheorghe (Romania) founded in 1969 was acquired by SigmaBleyzer in June 2007.. Covalact offers products and services including Fresh Cheese, Yogurt, Milk, Sana, and Chefir. Covalact operates in a competitive market with competitors including Delaferma, Laptaria cu Caimac and Prodlacta, among others.
- Headquarter Sfantu Gheorghe, Romania
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Sectors
Consumer
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
SigmaBleyzer
(Jun 01, 2007)
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Products & Services of Covalact
Covalact offers a comprehensive portfolio of products and services, including Fresh Cheese, Yogurt, Milk, Sana, and Chefir. 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.
Cheese made from cow's milk for everyday consumption
Natural creamy yogurt options for health-conscious users
Fresh and organic milk varieties for daily use
Fermented milk product with traditional flavors
Cultured milk drink for digestive benefits
Funding Insights of Covalact
| 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 Covalact
Covalact has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SigmaBleyzer. 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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A private equity firm connecting investors to emerging markets.
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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 Covalact
| 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 - Covalact
| 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 |
Covalact Comparisons
Competitors of Covalact
Covalact 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 Delaferma, Laptaria cu Caimac and Prodlacta, 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 |
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| domain | founded_year | HQ Location |
Sells natural cheeses and dairy products through online and physical stores.
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| domain | founded_year | HQ Location |
Dairy products are offered by Laptaria cu Caimac in Romania.
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| domain | founded_year | HQ Location |
Manufactures and sells dairy products like milk, yogurt, and cheese.
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| 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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Frequently Asked Questions about Covalact
When was Covalact founded?
Covalact was founded in 1969.
Where is Covalact located?
Covalact is headquartered in Sfantu Gheorghe, Romania. It is registered at Sfantu Gheorghe, Covasna, Romania.
Who is the current CEO of Covalact?
Cornel Danila is the current CEO of Covalact.
What does Covalact do?
Covalact was founded in 1969 and is based in Sfantu Gheorghe, Romania. Operations focus on the dairy manufacturing sector, where a range of products including fresh cheeses, Telemea, Făgăraș cheese, natural and creamy yogurts, buttermilk, sana, kefir, covasit milk, butter, and sour cream is produced. An organic product line is also offered, alongside traditional Romanian recipes. Culinary suggestions and recipes are provided on the companys website.
Who are the top competitors of Covalact?
Covalact's top competitors include Laptaria cu Caimac, Delaferma and Prodlacta.
What products or services does Covalact offer?
Covalact offers Fresh Cheese, Yogurt, Milk, Sana, and Chefir.
Who are Covalact's investors?
Covalact has 1 investor. Key investors include SigmaBleyzer.