About Motatos
Motatos is a company based in Stockholm (Sweden) founded in 2012 by Karl Andersson was acquired by Discountdragon in September 2023. It operates as a Direct-to-Consumer (D2C). Motatos has raised $104.98 million across 10 funding rounds from investors including IKEA, SEB and GP Bullhound. Motatos offers products and services including Food Waste Reduction. Motatos operates in a competitive market with competitors including Matsmart, Fiksua ruoka, YourLocal and Froodly, among others.
- Headquarter Stockholm, Sweden
- Founders Karl Andersson
- Stage Minicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Matsmart In Scandinavia Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$104.98 M (USD)
in 10 rounds
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Latest Funding Round
$38.11 M (USD), Series C
Aug 29, 2022
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Investors
IKEA
& 22 more
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Employee Count
Not available
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Acquired by
Discountdragon
(Sep 08, 2023)
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Products & Services of Motatos
Motatos offers a comprehensive portfolio of products and services, including Food Waste Reduction.
Food waste is reduced through discounted surplus sales.
Funding Insights of Motatos
Motatos has successfully raised a total of $104.98M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $38.11 million completed in August 2022. 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.
Investors in Motatos
Motatos has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IKEA, SEB and GP Bullhound.
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Early-stage startups are funded by Northzone venture capital.
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Tech focused early stage VC firm investing in Sweden
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Investor details for Motatos
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Investments & Acquisitions by Motatos
Investment portfolio details for Motatos
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Financial Statements - Motatos
Detailed financials for Motatos
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Motatos Comparisons
Peer comparison for Motatos
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Competitors of Motatos
Motatos 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 Matsmart, Fiksua ruoka, YourLocal and Froodly, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Surplus grocery products are retailed online at discounted prices.
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Surplus grocery products are sold via an online multi-category store.
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Near-to-expiry food is purchased at discounts through an online platform.
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Froodly Go app rewards users for purchasing expiring grocery items to cut waste.
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Detailed competitors of Motatos
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Latest news on Motatos
Complete news archive for Motatos
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Frequently Asked Questions about Motatos
Motatos was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Motatos is headquartered in Stockholm, Sweden.
Motatos is a funded company, having raised a total of $104.98M across 10 funding rounds to date.
Motatos is focused on reducing food waste by offering surplus food products at discounted prices through an online platform. Operations are conducted across multiple European markets including Sweden, Finland, Germany, Denmark, and Austria. The initiative is driven to create a sustainable impact in the food retail sector.
Motatos's top competitors include Matsmart, Fiksua ruoka and YourLocal.
Motatos offers Food Waste Reduction.
Motatos has 23 investors. Key investors include IKEA, SEB, GP Bullhound, Exor, and Axel Johnson.
The valuation of Motatos is $25M as of Nov 2016.