GreenMantra Technologies

Kitchener, Canada Founded: 2010 • Age: 16 yrs
Waste plastics are recycled into synthetic polymer additives and waxes.
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About GreenMantra Technologies

GreenMantra Technologies is a company based in Kitchener (Canada) founded in 2010.. GreenMantra Technologies has raised $30.51 million across 11 funding rounds from investors including Comerica, Ontario Canada and Export Development Canada. GreenMantra Technologies offers products and services including Polymer Additives for Asphalt and Polymer Additives for Plastics. GreenMantra Technologies operates in a competitive market with competitors including Ioniqa, Novoloop, Mi Terro Global, Healix and NovoEarth, among others.

  • Headquarter Kitchener, Canada
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30.51 M (USD)

    in 11 rounds

  • Latest Funding Round
  • Investors
    Comerica

    & 8 more

  • Employee Count
    Employee Count
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Products & Services of GreenMantra Technologies

GreenMantra Technologies offers a comprehensive portfolio of products and services, including Polymer Additives for Asphalt and Polymer Additives for Plastics. 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.

Primary

Enhances asphalt with recycled content for better performance and efficiency.

Improves plastic processing by increasing output and reducing energy demand.

Funding Insights of GreenMantra Technologies

GreenMantra Technologies has successfully raised a total of $30.51M across 11 strategic funding rounds. 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 Rounds 11
  • Last Round
  • First Round
  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Series A - GreenMantra Technologies Valuation Bioindustrial Innovation Canada , ArcTern Ventures
Aug, 2017 Amount Grant - GreenMantra Technologies Valuation

investors

Aug, 2017 Amount Grant - GreenMantra Technologies 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 GreenMantra Technologies

GreenMantra Technologies has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, Ontario Canada and Export Development Canada. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Support is provided for sustainable technology commercialization in Canada.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Cycle Capital is engaged in venture capital for clean tech innovations.
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 GreenMantra Technologies

Investments
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 - GreenMantra Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Greenmantra Technologies Comparisons

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Competitors of GreenMantra Technologies

GreenMantra Technologies 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 Ioniqa, Novoloop, Mi Terro Global, Healix and NovoEarth, 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
domain founded_year HQ Location
Provides PET plastic upcycling technology
domain founded_year HQ Location
Provider of sustainable and performance thermoplastics
domain founded_year HQ Location
Biomaterials from agricultural waste are manufactured for sustainable goods.
domain founded_year HQ Location
Solutions are provided to convert plastic waste into circular polymers.
domain founded_year HQ Location
Developer of compostable biopolymers and recyclable building materials from plastic waste
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.

Latest news on Greenmantra Technologies

Frequently Asked Questions about GreenMantra Technologies

When was GreenMantra Technologies founded?

GreenMantra Technologies was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is GreenMantra Technologies located?

GreenMantra Technologies is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.

Is GreenMantra Technologies a funded company?

GreenMantra Technologies is a funded company, having raised a total of $30.51M across 11 funding rounds to date. The company's 1st funding round was a Grant of $2.2M, raised on Mar 30, 2012.

What does GreenMantra Technologies do?

GreenMantra Technologies was founded in 2010 in Kitchener, Canada, within the waste management and materials sector. Patented thermo-catalytic depolymerization is employed to convert waste plastics into synthetic polymer additives, asphalt roofing solutions, and adhesives. Polyethene and polypropylene waxes are also produced from recycled plastics. Operations focus on sustainable manufacturing processes for industrial applications, with activities centered in Canada.

Who are the top competitors of GreenMantra Technologies?

GreenMantra Technologies's top competitors include Novoloop, Ioniqa and Healix.

What products or services does GreenMantra Technologies offer?

GreenMantra Technologies offers Polymer Additives for Asphalt and Polymer Additives for Plastics.

Who are GreenMantra Technologies's investors?

GreenMantra Technologies has 9 investors. Key investors include Comerica, Ontario Canada, Export Development Canada, Bioindustrial Innovation Canada, and ArcTern Ventures.

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