About GRIN
GRIN is a company based in Oslo (Norway) founded in 2018 by Daniel Millet and Lars Martin Berglund. It operates as a Software-and-Hardware-as-a-Service, and Circular Economy. The company has 2 employees as of December 31, 2021. GRIN offers products and services including Revore™. GRIN operates in a competitive market with competitors including GFL Environmental, Republic Services, Casella, Biffa and Paprec, among others.
- Headquarter Oslo, Norway
- Employees 2 as on 31 Dec, 2021
- Founders Daniel Millet, Lars Martin Berglund
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Grin As
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$676.23 K (USD), Grant
Oct 01, 2022
- Investors
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Employee Count
2
as on Dec 31, 2021
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Products & Services of GRIN
GRIN offers a comprehensive portfolio of products and services, including Revore™. 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.
AI-powered system for efficient reverse logistics management.
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Funding Insights of GRIN
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $676,229
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First Round
First Round
(01 Oct 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Grant - GRIN | Valuation |
investors |
| 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 GRIN
GRIN has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 GRIN
| 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 - GRIN
| 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 |
Grin Comparisons
Competitors of GRIN
GRIN 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 GFL Environmental, Republic Services, Casella, Biffa and Paprec, 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 |
Solid and liquid waste management services are provided to clients.
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Integrated waste management services are provided nationwide.
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Waste management services are provided across the United States.
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Horizontally integrated waste management services are provided across various processes.
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Horizontal integration is employed in recycling operations and services.
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Industrial waste management and energy recovery services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 GRIN
When was GRIN founded?
GRIN was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is GRIN located?
GRIN is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of GRIN?
Lars Martin Berglund is the current CEO of GRIN. They have also founded this company.
How many employees does GRIN have?
As of Dec 31, 2021, the latest employee count at GRIN is 2.
What does GRIN do?
Smart collection systems are developed by GRIN to enable circular economy practices. Focus is placed on reducing waste through solutions for reuse, repair, refurbishment, and recycling. Services are offered to sectors like healthcare, food service, and facility management. Innovative systems like Revore are equipped with AI and sensors for efficient reverse logistics. Operations are based in Norway with a global impact through partnerships. Projects are implemented with major companies and municipalities in Europe to disrupt linear industries.
Who are the top competitors of GRIN?
GRIN's top competitors include Republic Services, GFL Environmental and Casella.
What products or services does GRIN offer?
GRIN offers Revore™.
Who are GRIN's investors?
GRIN has 1 investor. Key investors include European Union.