About Lingrove
Lingrove is a company based in San Francisco (United States) founded in 2013 by Desi Banatao.. Lingrove has raised $15.55 million across 5 funding rounds from investors including Bunge, Lewis & Clark Agrifood and Diamond Edge Ventures. Lingrove offers products and services including ekoa Eco-Veneers, ekoa Surface A+D Kit, and ekoa Surface Auto Swatch Kit. Lingrove operates in a competitive market with competitors including ECOR Global, Ricron Panels, RECOMA, Continuus Material Recovery and Carbon Craft design, among others.
- Headquarter San Francisco, United States
- Founders Desi Banatao
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Lingrove Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.55 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series B
Dec 18, 2023
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Investors
Bunge
& 6 more
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Employee Count
Employee Count
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Products & Services of Lingrove
Lingrove offers a comprehensive portfolio of products and services, including ekoa Eco-Veneers, ekoa Surface A+D Kit, and ekoa Surface Auto Swatch Kit. 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.
Eco-veneers made from renewable plants for architectural use.
Kit for testing eco-veneers in design applications.
Kit for automotive interior material samples.
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Funding Insights of Lingrove
Lingrove has successfully raised a total of $15.55M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in December 2023. 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 5
- Last Round Series B — $10.0M
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First Round
First Round
(10 Jan 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Lingrove | Valuation | Lewis & Clark Agrifood , Diamond Edge Ventures | |
| Nov, 2021 | Amount | Series A - Lingrove | Valuation | Diamond Edge Ventures | |
| Jan, 2020 | Amount | Seed - Lingrove | Valuation |
investors |
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| 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 Lingrove
Lingrove has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Bunge, Lewis & Clark Agrifood and Diamond Edge 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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Venture capital investments are directed toward agriculture and food sectors.
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Venture capital and accelerator services are provided across multiple sectors.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Lingrove
| 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 - Lingrove
| 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 |
Lingrove Comparisons
Competitors of Lingrove
Lingrove 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 ECOR Global, Ricron Panels, RECOMA, Continuus Material Recovery and Carbon Craft design, 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 |
Sustainable building materials are developed from recycled cellulose fibers.
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Manufacturer of building materials for construction solutions
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Sustainable construction boards from recycled materials are provided.
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Provider of paper and plastic recycling services
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Manufacturer of construction building materials
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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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Latest news on Lingrove
Frequently Asked Questions about Lingrove
When was Lingrove founded?
Lingrove was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Lingrove located?
Lingrove is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Lingrove?
Joseph Luttwak is the current CEO of Lingrove.
Is Lingrove a funded company?
Lingrove is a funded company, having raised a total of $15.55M across 5 funding rounds to date. The company's 1st funding round was a Seed of $285K, raised on Jan 10, 2018.
What does Lingrove do?
Lingrove was founded in 2013 in San Francisco, United States, and operates in the materials manufacturing sector. Resin fabrics, including thermoplastics, liner dry plastics, and Ekoa pre-pregs, are produced using plant-based fibers and resins. Free samples are provided for evaluation, and design-for-manufacture services are offered, along with guidance in OEM manufacturing, OEM management, and technology transfer for in-housing.
Who are the top competitors of Lingrove?
Lingrove's top competitors include ECOR Global, RECOMA and Ricron Panels.
What products or services does Lingrove offer?
Lingrove offers ekoa Eco-Veneers, ekoa Surface A+D Kit, and ekoa Surface Auto Swatch Kit.
Who are Lingrove's investors?
Lingrove has 7 investors. Key investors include Bunge, Lewis & Clark Agrifood, Diamond Edge Ventures, SOSV, and IndieBio.