Funzionano

Porsgrunn, Norway Founded: 2015 • Age: 11 yrs
Hybrid polymer technology is developed for advanced materials applications.
Annual revenue $124,911 Latest available
Total funding $3.0M 2 rounds
Employees 1 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Phone
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  • Website
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  • Social
    Locked
  • Legal Name Funzionano As
Operational Areas
Chemicals & Materials → Polymers, Plastics & Petrochemicals Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $124.91 K (USD)
    -34
    as on Dec 31, 2022
  • Net Profit
    $2.51 K (USD)
    -94
    as on Dec 31, 2022
  • EBITDA
    $3.41 K (USD)
    -94
    as 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

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Products & Services of Funzionano

Funzionano offers a comprehensive portfolio of products and services, including D-PYRE™ and Hybrid Nanoparticles.

Product name locked
Category locked
Primary

A POSS-based flame retardant is offered for plasticized PVC that is environmentally friendly and non-toxic

Product name locked
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Chemical building blocks are provided to improve properties like flame retardancy, hydrophobicity, and gas barrier efficiency

People of Funzionano

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Morten Eikenes
CEO

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Teams

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Applied research organization providing technology and innovation services across diverse sectors
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Investor details for Funzionano

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Investments & Acquisitions by Funzionano

Investments
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Investment portfolio details for Funzionano

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Financial Statements - Funzionano

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Detailed financials for Funzionano

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Funzionano Comparisons

Funzionano Primary company
Description
Hybrid polymer technology is developed for advanced material...
Location
Porsgrunn, Norway
Founded Year
2015
Annual Revenue
$124.91 K (USD)
Net Profit
$2.51 K (USD)
EBITDA
$3.41 K (USD)
Employees
1
As of 2022
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Peer comparison for Funzionano

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Competitors of Funzionano

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Detailed competitors of Funzionano

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Latest news on Funzionano

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Complete news archive for Funzionano

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Frequently Asked Questions about Funzionano

Funzionano was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Funzionano is headquartered in Porsgrunn, Norway. It is registered at Porsgrunn, Vestfold Og Telemark, Norway.

Morten Eikenes is the current CEO of Funzionano.

Funzionano is a funded company, having raised a total of $2.98M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Funzionano is 1.

Annual revenue of Funzionano is $124.91K as on Dec 31, 2022.

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.

Funzionano offers D-PYRE™ and Hybrid Nanoparticles.

Funzionano has 4 investors. Key investors include SINTEF, European Union, Investinor, and Skagerak Maturo.

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