About Icelandic Glacial
Icelandic Glacial is a company based in Selfoss (Iceland) founded in 2004 by Jon Olafsson and Kristjan Olafsson.. Icelandic Glacial has raised $66 million across 2 funding rounds from investors including BlackRock. Icelandic Glacial offers products and services including Natural Spring Water, Still Water, and Sparkling Water. Icelandic Glacial operates in a competitive market with competitors including waterdrop, Hint, Essentia Water, PathWater and AQUAhydrate, among others.
- Headquarter Selfoss, Iceland
- Founders Jon Olafsson, Kristjan Olafsson
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Icelandic Water Holdings Hf
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$66 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Icelandic Glacial
Icelandic Glacial offers a comprehensive portfolio of products and services, including Natural Spring Water, Still Water, and Sparkling Water. 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.
Pure, naturally alkaline water sourced from Icelandic springs for daily hydration.
Non-carbonated spring water in glass or aluminum for everyday use.
Carbonated spring water option for refreshing consumption.
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Funding Insights of Icelandic Glacial
Icelandic Glacial has successfully raised a total of $66M across 2 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 Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(21 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Icelandic Glacial | Valuation | BlackRock |
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| Aug, 2019 | Amount | Series A - Icelandic Glacial | Valuation | BlackRock |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Icelandic Glacial
Icelandic Glacial has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BlackRock. 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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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | 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 Icelandic Glacial
| 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 - Icelandic Glacial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Icelandic Glacial Comparisons
Competitors of Icelandic Glacial
Icelandic Glacial 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 waterdrop, Hint, Essentia Water, PathWater and AQUAhydrate, 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 |
Packaged flavored water is manufactured and distributed by Waterdrop.
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| domain | founded_year | HQ Location |
Flavored water beverages are produced and distributed by Hint.
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| domain | founded_year | HQ Location |
Manufacturer of alkaline & electrolyzed drinking water bottles
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| domain | founded_year | HQ Location |
Packaged water with pH7 is sold through retailers and online.
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| domain | founded_year | HQ Location |
Electrolyte-enhanced alkaline water is purified and bottled for fitness markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Icelandic Glacial
Frequently Asked Questions about Icelandic Glacial
When was Icelandic Glacial founded?
Icelandic Glacial was founded in 2004 and raised its 1st funding round 15 years after it was founded.
Where is Icelandic Glacial located?
Icelandic Glacial is headquartered in Selfoss, Iceland.
Who is the current CEO of Icelandic Glacial?
Reza Mirza is the current CEO of Icelandic Glacial.
Is Icelandic Glacial a funded company?
Icelandic Glacial is a funded company, having raised a total of $66M across 2 funding rounds to date. The company's 1st funding round was a Series A of $66M, raised on Aug 21, 2019.
What does Icelandic Glacial do?
Icelandic Glacial, backed by 66000000.0 from BlackRock, focuses on food and agriculture, food beverage products, producing beverages, packaged water, non-carbonated water, and enhanced. Brand of sparkling water. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Icelandic Glacial?
Icelandic Glacial's top competitors include waterdrop, Hint and Essentia Water.
What products or services does Icelandic Glacial offer?
Icelandic Glacial offers Natural Spring Water, Still Water, and Sparkling Water.
Who are Icelandic Glacial's investors?
Icelandic Glacial has 1 investor. Key investors include BlackRock.