About Primo
Primo is a company based in Copenhagen (Denmark) founded in 1959 by Fleming Grunnet and Bjarne Gjorret Sorensen. It operates as a B2B2C, and Circular Economy. Primo has raised $80.98 thousand across 1 funding round from investors including IFU. The company has 4 employees as of November 30, 2024. Primo offers products and services including Plastic Profiles Extrusion, Medical Tubing, and HVAC Components.
- Headquarter Copenhagen, Denmark
- Employees 4 as on 30 Nov, 2024
- Founders Fleming Grunnet, Bjarne Gjorret Sorensen
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Sectors
Chemicals & MaterialsEnergy & Utilities Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Inter Primo A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.98 K (USD)
in 1 rounds
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Latest Funding Round
$80.98 K (USD), Unspecified
Jun 01, 1999
- Investors
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Employee Count
4
as on Nov 30, 2024
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Products & Services of Primo
Primo offers a comprehensive portfolio of products and services, including Plastic Profiles Extrusion, Medical Tubing, and HVAC Components. 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.
Custom plastic profiles are extruded for various industries.
Specialized tubing solutions are provided for medical applications.
Profiles for HVAC systems are manufactured for efficiency.
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Funding Insights of Primo
Primo has successfully raised a total of $80.98K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $80.98 thousand completed in June 1999. 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 1
- Last Round Unspecified — $80,980
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First Round
First Round
(01 Jun 1999)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1999 | Amount | Unspecified - Primo | 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 Primo
Primo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 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 |
| 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 Primo
| 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 - Primo
| 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 |
Primo Comparisons
Competitors of Primo
| 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 Primo
When was Primo founded?
Primo was founded in 1959 and raised its 1st funding round 40 years after it was founded.
Where is Primo located?
Primo is headquartered in Copenhagen, Denmark.
Who is the current CEO of Primo?
Claus Lykke is the current CEO of Primo.
Is Primo a funded company?
Primo is a funded company, having raised a total of $80.98K across 1 funding round to date. The company's 1st funding round was a Unspecified of $80.98K, raised on Jun 01, 1999.
How many employees does Primo have?
As of Nov 30, 2024, the latest employee count at Primo is 4.
What does Primo do?
Custom plastic profiles and polymer components are manufactured by Primo for diverse industries including construction, medical, energy, and transportation. Operating in 12 locations across 9 countries, innovative extrusion solutions are developed for applications ranging from window profiles to offshore energy components. Sustainability is integrated into operations with a focus on circular economy principles. Over 40 industries are served with tailored support and advanced material-driven designs. Global partnerships are fostered to ensure high-performance solutions with reduced time-to-market.
What products or services does Primo offer?
Primo offers Plastic Profiles Extrusion, Medical Tubing, and HVAC Components.
Who are Primo's investors?
Primo has 1 investor. Key investors include IFU.