Kebony

Oslo, Norway Founded: 1997 • Age: 29 yrs
Alternative to tropical wood is manufactured from softwood by Kebony.
Annual revenue $1.7M Latest available
Total funding $87.3M 7 rounds
Employees 94 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Kebony

Kebony is a company based in Oslo (Norway) founded in 1997. Kebony has raised $87.3 million across 7 funding rounds from investors including PMV, Lightrock and Jolt Capital. The company has 94 employees as of December 31, 2019. Kebony operates in a competitive market with competitors including STORA ENSO, Trex, TimberHP, MoistureShield and Strong by Form, among others.

  • Headquarter Oslo, Norway
  • Employees 94 as on 31 Dec, 2019
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
    $1.74 M (USD)
    -11
    as on Dec 31, 2022
  • Net Profit
    -$4.03 M (USD)
    3
    as on Dec 31, 2022
  • EBITDA
    -$4.03 M (USD)
    3
    as on Dec 31, 2022
  • Total Equity Funding
    $87.3 M (USD)

    in 7 rounds

  • Latest Funding Round
    $34 M (USD), Series C

    Oct 28, 2021

  • Investors
    PMV

    & 8 more

  • Employee Count
    94

    as on Dec 31, 2019

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Funding Insights of Kebony

Kebony has successfully raised a total of $87.3M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $34 million completed in October 2021. 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 7
  • Last Round Series C — $34.0M
  • First Round

    (01 Dec 2009)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Series C - Kebony Valuation Jolt Capital , Lightrock
May, 2018 Amount Series B - Kebony Valuation

investors

May, 2018 Amount Debt – Conventional - Kebony Valuation

investors

Investors in Kebony

Kebony has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include PMV, Lightrock and Jolt Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on buyouts of tech-driven companies
Founded Year Domain Location
Investments are directed toward growth-stage companies generating scalable impact.
Founded Year Domain Location
Private equity is directed toward private and public companies.
Founded Year Domain Location

Investments & Acquisitions by Kebony

Investments

Financial Statements - Kebony

Kebony Comparisons

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Competitors of Kebony

Kebony 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 STORA ENSO, Trex, TimberHP, MoistureShield and Strong by Form, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of advanced building materials
domain founded_year HQ Location
Architectural services for decking and outdoor structures are offered.
domain founded_year HQ Location
Developer of wood fibre insulation for the residential and light commercial construction markets
domain founded_year HQ Location
Wood decking products are manufactured and supplied by MoistureShield.
domain founded_year HQ Location
Augmented wood-based biocomposites are supplied for lightweight construction.

Latest news on Kebony

Frequently Asked Questions about Kebony

Kebony was founded in 1997 and raised its 1st funding round 12 years after it was founded.

Kebony is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Jean-Baptiste Clavel is the current CEO of Kebony.

Kebony is a funded company, having raised a total of $87.3M across 7 funding rounds to date. The company's 1st funding round was a Series B of $8.68M, raised on Dec 01, 2009.

As of Dec 31, 2019, the latest employee count at Kebony is 94.

Annual revenue of Kebony is $1.74M as on Dec 31, 2022.

Kebony was founded in 1997 in Oslo, Norway, where operations are centered on the wood industry. Sustainable alternatives to tropical hardwood are developed and produced using softwood through a proprietary modification process. The companys products are distributed for applications in decking, cladding, and siding across Europe and beyond. Leadership is provided by CEO Jean-Baptiste Clavel, with focus maintained on eco-friendly material solutions.

Kebony's top competitors include STORA ENSO, Trex and Strong by Form.

Kebony has 9 investors. Key investors include PMV, Lightrock, Jolt Capital, MVP Capital, and SFPIM.

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