About Merec Industries
Merec Industries was founded in 1998 in Matola, Mozambique. The company is engaged in the food processing sector, where maize, wheat flour, pasta, biscuits, and similar products are manufactured. Operations are based in Matola, with production focused on staple grains and bakery items. Supplies are distributed primarily within Mozambique, supporting local food needs. The domain merecindustries.com is maintained for business purposes.
- Headquarter Matola, Mozambique
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Funding Insights of Merec Industries
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Private Equity Round - Merec Industries | 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 Merec Industries
Merec Industries has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Invictus, Amethis and Kibo Capital Partners. 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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Founded Year | Domain | Location | |
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PE firm investing in Africa
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Founded Year | Domain | Location | |
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Invictus is engaged in commodity trading and investment.
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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 Merec Industries
| 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 - Merec Industries
| 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 |
Merec Industries Comparisons
Competitors of Merec Industries
| 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 Merec Industries
When was Merec Industries founded?
Merec Industries was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Where is Merec Industries located?
Merec Industries is headquartered in Matola, Mozambique. It is registered at Matola, Maputo Province, Mozambique.
What does Merec Industries do?
Merec Industries was founded in 1998 in Matola, Mozambique. The company is engaged in the food processing sector, where maize, wheat flour, pasta, biscuits, and similar products are manufactured. Operations are based in Matola, with production focused on staple grains and bakery items. Supplies are distributed primarily within Mozambique, supporting local food needs. The domain merecindustries.com is maintained for business purposes.
Who are Merec Industries's investors?
Merec Industries has 3 investors. Key investors include Invictus, Amethis, and Kibo Capital Partners.
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