About LOGSTOR
LOGSTOR is a company based in Aalborg (Denmark) founded in 1960 was acquired by Kingspan in March 2021.. LOGSTOR has raised $16.91 thousand across 3 funding rounds from investors including Kingspan, European Union and IFU. The company has 214 employees as of February 28, 2022. LOGSTOR offers products and services including District Energy Solutions and Industrial Piping Solutions.
- Headquarter Aalborg, Denmark
- Employees 214 as on 28 Feb, 2022
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- Legal Name Logstor A/S
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Products & Services of LOGSTOR
LOGSTOR offers a comprehensive portfolio of products and services, including District Energy Solutions and Industrial Piping Solutions. 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.
District energy systems are managed through piping solutions that support energy distribution
Industrial piping for various applications is handled to meet operational needs
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Funding Insights of LOGSTOR
LOGSTOR has successfully raised a total of $16.91K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $540.89 thousand completed in October 2017. 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 3
- Last Round Grant — $540,893
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First Round
First Round
(01 Jun 1991)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Grant - LOGSTOR | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - LOGSTOR | Valuation |
investors |
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| Jun, 1991 | Amount | Private Equity Round - LOGSTOR | Valuation | IFU |
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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 LOGSTOR
LOGSTOR has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Kingspan, European Union and IFU. 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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Private equity investment firm
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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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Building materials and rainwater harvesting systems are manufactured.
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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 LOGSTOR
| 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 - LOGSTOR
| 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 |
Logstor Comparisons
Competitors of LOGSTOR
| 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 LOGSTOR
When was LOGSTOR founded?
LOGSTOR was founded in 1960 and raised its 1st funding round 31 years after it was founded.
Where is LOGSTOR located?
LOGSTOR is headquartered in Aalborg, Denmark.
Who is the current CEO of LOGSTOR?
Christensen Kim is the current CEO of LOGSTOR.
Is LOGSTOR a funded company?
LOGSTOR is a funded company, having raised a total of $16.91K across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $16.91K, raised on Jun 01, 1991.
How many employees does LOGSTOR have?
As of Feb 28, 2022, the latest employee count at LOGSTOR is 214.
What does LOGSTOR do?
LOGSTOR was established in 1960 in Aalborg, Denmark, within the energy sector. Solutions focused on pre-insulated pipes for district heating, cooling, and energy distribution are developed and supplied. Operations span manufacturing, installation services, and technical support, serving clients across Europe and other regions. Leadership is held by CEO Christensen Kim, with emphasis placed on efficient thermal energy transport systems.
What products or services does LOGSTOR offer?
LOGSTOR offers District Energy Solutions and Industrial Piping Solutions.
Who are LOGSTOR's investors?
LOGSTOR has 3 investors. Key investors include Kingspan, European Union, and IFU.