Icopal

Herlev, Denmark Founded: 1876 • Age: 150 yrs Acquired By GAF
Chimney flue and ventilation systems are manufactured for buildings.
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About Icopal

Icopal was founded in 1876 in Herlev, Denmark, within the manufacturing sector focused on building systems. Chimney flue and ventilation products are produced for residential and commercial structures, with custom solutions provided for various fuel types and appliances. Operations extend to industrial uses, such as power generators and turbines. Compliance with European safety and performance standards is maintained, while research and development supports ongoing product improvements.

  • Headquarter Herlev, Denmark
  • Email
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  • Phone
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  • Website
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GAF

    (Jan 25, 2016)

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Funding Insights of Icopal

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2009 Amount Grant - Icopal 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 Icopal

Icopal has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and GAF. 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
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
GAF is recognized as North America's leading roofing manufacturer.
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 Icopal

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 - Icopal

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

Icopal Comparisons

Employees
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Competitors of Icopal

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 Icopal

Frequently Asked Questions about Icopal

When was Icopal founded?

Icopal was founded in 1876 and raised its 1st funding round 133 years after it was founded.

Where is Icopal located?

Icopal is headquartered in Herlev, Denmark.

What does Icopal do?

Icopal was founded in 1876 in Herlev, Denmark, within the manufacturing sector focused on building systems. Chimney flue and ventilation products are produced for residential and commercial structures, with custom solutions provided for various fuel types and appliances. Operations extend to industrial uses, such as power generators and turbines. Compliance with European safety and performance standards is maintained, while research and development supports ongoing product improvements.

Who are Icopal's investors?

Icopal has 2 investors. Key investors include European Union, and GAF.

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