About Funzionano
Funzionano is a company based in Porsgrunn (Norway) founded in 2015.. Funzionano has raised $2.98 million across 2 funding rounds from investors including SINTEF, European Union and Investinor. The company has 1 employees as of December 31, 2022. Funzionano offers products and services including D-PYRE™ and Hybrid Nanoparticles.
- Headquarter Porsgrunn, Norway
- Employees 1 as on 31 Dec, 2022
-
Sectors
Chemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Funzionano As
-
Annual Revenue
$124.91 K (USD)-34as on Dec 31, 2022
-
Net Profit
$2.51 K (USD)-94as on Dec 31, 2022
-
EBITDA
$3.41 K (USD)-94as on Dec 31, 2022
-
Total Equity Funding
$2.98 M (USD)
in 2 rounds
-
Latest Funding Round
$2.98 M (USD), Seed
Jun 08, 2018
-
Investors
SINTEF
& 3 more
-
Employee Count
1
as on Dec 31, 2022
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 Funzionano
Funzionano offers a comprehensive portfolio of products and services, including D-PYRE™ and Hybrid Nanoparticles. 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.
A POSS-based flame retardant is offered for plasticized PVC that is environmentally friendly and non-toxic
Chemical building blocks are provided to improve properties like flame retardancy, hydrophobicity, and gas barrier efficiency
Unlock access to complete
Unlock access to complete
Funding Insights of Funzionano
Funzionano has successfully raised a total of $2.98M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.98 million completed in June 2018. 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 2
- Last Round Seed — $3.0M
-
First Round
First Round
(01 Jan 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - Funzionano | Valuation |
investors |
|
| Jan, 2018 | Amount | Grant - Funzionano | 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 Funzionano
Funzionano has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SINTEF, European Union and Investinor. 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 | |
|
-
|
Founded Year | Domain | Location | |
|
Applied research organization providing technology and innovation services across diverse sectors
|
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 Funzionano
| 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 - Funzionano
| 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 |
Funzionano Comparisons
Competitors of Funzionano
| 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.
|
Frequently Asked Questions about Funzionano
When was Funzionano founded?
Funzionano was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Funzionano located?
Funzionano is headquartered in Porsgrunn, Norway. It is registered at Porsgrunn, Vestfold Og Telemark, Norway.
Who is the current CEO of Funzionano?
Morten Eikenes is the current CEO of Funzionano.
Is Funzionano a funded company?
Funzionano is a funded company, having raised a total of $2.98M across 2 funding rounds to date. The company's 1st funding round was a Grant of $204.53K, raised on Jan 01, 2018.
How many employees does Funzionano have?
As of Dec 31, 2022, the latest employee count at Funzionano is 1.
What is the annual revenue of Funzionano?
Annual revenue of Funzionano is $124.91K as on Dec 31, 2022.
What does Funzionano do?
Funzionano was founded in 2015 in Porsgrunn, Norway, where hybrid polymer technology is developed. Operations are focused on the materials science sector, with emphasis placed on creating innovative polymer solutions. The company is led by CEO Morten Eikenes. Activities are centered in Norway, supporting research and development in hybrid polymers through the domain funzionano.com. Geographical presence is maintained primarily in Porsgrunn for technology advancement.
What products or services does Funzionano offer?
Funzionano offers D-PYRE™ and Hybrid Nanoparticles.
Who are Funzionano's investors?
Funzionano has 4 investors. Key investors include SINTEF, European Union, Investinor, and Skagerak Maturo.