About Funzionano
Funzionano is a Chemicals & Materials company based in Porsgrunn (Norway) founded in 2015. Hybrid polymer technology is developed for advanced materials applications. Funzionano has raised $2.98 million across 2 funding rounds from investors including SINTEF, European Union and Investinor. The company has 1 employees. Its chief executive, as recorded, is Morten Eikenes. Funzionano offers products and services including D-PYREâ„¢ and Hybrid Nanoparticles. Its focus areas include Chemicals and Materials and Polymers. Its legal entity is Funzionano AS.
Company details
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.
- Headquarters Porsgrunn, Norway
- Employees 1
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website funzionano.com
- Social LinkedIn Facebook
- 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$2.98M (USD)
in 2 rounds
- Latest Funding Round$2.98M (USD), Seed
Jun 2018
- InvestorsSINTEF
& 3 more
- Employee Count1
Products & Services of Funzionano
Funzionano offers a comprehensive portfolio of products and services, including D-PYRE™ and Hybrid Nanoparticles.
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
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 $2.98M
- Total Rounds 2
- Last Round Seed — $2.98M
- First Round $204,526
(Jan 2018)
- Investors Count 4
All 2 funding rounds of Funzionano with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $2.98M | Seed | – | – | |
| Jan 2018 | $204,526 | Grant | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| investinor.no | ||||
| skagerakmaturo.no | ||||
Applied research organization providing technology and innovation services across diverse sectors | 1950 | sintef.no | Trondheim, Norway | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Funzionano
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Funzionano
1 people are tracked at Funzionano (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Morten Eikenes | CEO | Leadership |
Complete people profiles for Funzionano
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Funzionano
3 dated milestones of Funzionano across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Funzionano is founded.
- Funding First funding round of $205K.
- Funding Latest funding round, Seed, of $3.0M.
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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 CEO of Funzionano, as recorded in our data.
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 2018.
Funzionano has 1 employees.
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-PYREâ„¢ and Hybrid Nanoparticles.
Funzionano has 4 investors. Key investors include SINTEF, European Union, Investinor, and Skagerak Maturo.
Funzionano operates through Funzionano As.