About RAIKU
RAIKU is a company based in Tallinn (Estonia) founded in 2021 by Rain Randsberg and Karl Partel.. RAIKU has raised $10.8 million across 2 funding rounds from investors including Kaamos, EIC Fund and Vestman Group. The company has 14 employees as of September 30, 2024. RAIKU offers products and services including Compostable Packaging Material and Packaging Springs. RAIKU operates in a competitive market with competitors including Graphic Packaging, Flexi-Hex, Lil Packaging, Khatema Fibres and Papair, among others.
- Headquarter Tallinn, Estonia
- Employees 14 as on 30 Sep, 2024
- Founders Rain Randsberg, Karl Partel
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raiku Packaging Oü
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Annual Revenue
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Net Profit
$-297.17 K (USD)-74109as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$10.8 M (USD)
in 2 rounds
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Latest Funding Round
$9.45 M (USD), Series A
Nov 07, 2023
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Investors
Kaamos
& 3 more
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Employee Count
14
as on Sep 30, 2024
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Products & Services of RAIKU
RAIKU offers a comprehensive portfolio of products and services, including Compostable Packaging Material and Packaging Springs. 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.
Highly protective, eco-friendly material for shipping fragile items.
Spring-like structure for shock absorption in shipping goods.
Funding Insights of RAIKU
RAIKU has successfully raised a total of $10.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.45 million completed in November 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 2
- Last Round Series A — $9.4M
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First Round
First Round
(05 May 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - RAIKU | Valuation | EIC Fund |
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| May, 2023 | Amount | Seed - RAIKU | 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 RAIKU
RAIKU has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Kaamos, EIC Fund and Vestman Group. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Investments are made in eco-friendly companies by Little Green Fund.
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Founded Year | Domain | Location | |
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Commercial and residential property projects are developed in Estonia.
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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 RAIKU
| 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 - RAIKU
| 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 |
Raiku Comparisons
Competitors of RAIKU
RAIKU 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 Graphic Packaging, Flexi-Hex, Lil Packaging, Khatema Fibres and Papair, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fiber-based consumer packaging solutions are manufactured and distributed.
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| domain | founded_year | HQ Location |
Manufacturer of sustainable packaging products
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| domain | founded_year | HQ Location |
Online B2B e-distributor of eco-friendly packaging products
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| domain | founded_year | HQ Location |
Recycled packaging papers including tissues and kraft varieties are supplied.
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| domain | founded_year | HQ Location |
Paper-based protective packaging is manufactured as a plastic alternative.
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| 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 RAIKU
When was RAIKU founded?
RAIKU was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is RAIKU located?
RAIKU is headquartered in Tallinn, Estonia.
Is RAIKU a funded company?
RAIKU is a funded company, having raised a total of $10.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.36M, raised on May 05, 2023.
How many employees does RAIKU have?
As of Sep 30, 2024, the latest employee count at RAIKU is 14.
What does RAIKU do?
RAIKU was founded in 2021 in Tallinn, Estonia, within the green technology sector. Compostable packaging materials are produced by the company to replace single-use plastics. Operations focus on innovative solutions, including RAIKU wrap, which serves as a substitute for plastic bubble wrap and other high-impact protective packaging. The materials are designed for environmental compatibility and are distributed through the domain raiku.co.
Who are the top competitors of RAIKU?
RAIKU's top competitors include Graphic Packaging, Flexi-Hex and Khatema Fibres.
What products or services does RAIKU offer?
RAIKU offers Compostable Packaging Material and Packaging Springs.
Who are RAIKU's investors?
RAIKU has 4 investors. Key investors include Kaamos, EIC Fund, Vestman Group, and Little Green Fund.
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