About iFoodBag
iFoodBag is a company based in Stockholm (Sweden) founded in 2013.. iFoodBag offers products and services including The ifoodbag®, The alvobox®, The ipharmabag®, and The passive cooling elements. iFoodBag operates in a competitive market with competitors including Hangzhou Luer New Material Technology, Savsu Technologies, ThermoSafe, Lowenco and Solutions Cold, among others.
- Headquarter Stockholm, Sweden
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Sectors
Transportation, Automotive & Logistics
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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 Ifoodbag Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.94 M (USD), Grant
May 01, 2016
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of iFoodBag
iFoodBag offers a comprehensive portfolio of products and services, including The ifoodbag®, The alvobox®, The ipharmabag®, and The passive cooling elements. 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.
Recyclable thermal bag for maintaining cold in food delivery.
Durable box for transporting chilled and frozen goods securely.
Compact bag for keeping pharmaceutical products cold.
Reusable elements for passive temperature control in logistics.
Funding Insights of iFoodBag
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.9M
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First Round
First Round
(16 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Grant - iFoodBag | Valuation |
investors |
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| Feb, 2016 | Amount | Grant - iFoodBag | Valuation |
investors |
| 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 iFoodBag
iFoodBag has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Zaz Ventures. 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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Management consulting and fundraising services are provided by Zaz Ventures.
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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 iFoodBag
| 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 - iFoodBag
| 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 |
Ifoodbag Comparisons
Competitors of iFoodBag
iFoodBag 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 Hangzhou Luer New Material Technology, Savsu Technologies, ThermoSafe, Lowenco and Solutions Cold, 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 |
Provider of heat and cold storage solutions
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| domain | founded_year | HQ Location |
Temperature-controlled packaging solutions for shipments are designed and manufactured.
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| domain | founded_year | HQ Location |
Offers cold chain packaging solutions for pharmaceuticals and perishables globally.
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| domain | founded_year | HQ Location |
Temperature-controlled storage units are manufactured by Lowenco for cold facilities.
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for cold storage containers to meet industrial needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about iFoodBag
When was iFoodBag founded?
iFoodBag was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is iFoodBag located?
iFoodBag is headquartered in Stockholm, Sweden.
What does iFoodBag do?
iFoodBag was established in 2013 in Stockholm, Sweden, as a provider in the cold-chain sector. Temperature monitoring and packaging solutions are offered to support the transport of perishable goods. Composite material boxes and thermal paper bags are utilized to sustain low temperatures for frozen and chilled foods. Insulated thermal boxes are supplied for truck delivery operations.
Who are the top competitors of iFoodBag?
iFoodBag's top competitors include Savsu Technologies, Lowenco and Hangzhou Luer New Material Technology.
What products or services does iFoodBag offer?
iFoodBag offers The ifoodbag®, The alvobox®, The ipharmabag®, and The passive cooling elements.
Who are iFoodBag's investors?
iFoodBag has 2 investors. Key investors include European Union, and Zaz Ventures.