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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Raiku Packaging Oü
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Annual Revenue
Not available
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Net Profit
-$297.17 K (USD)-74109as on Dec 31, 2022
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EBITDA
Not available
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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.
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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Investments are made in eco-friendly companies by Little Green Fund.
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Commercial and residential property projects are developed in Estonia.
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Investor details for RAIKU
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Investments & Acquisitions by RAIKU
Investment portfolio details for RAIKU
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Financial Statements - RAIKU
Detailed financials for RAIKU
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- Profit trends
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Raiku Comparisons
Peer comparison for RAIKU
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fiber-based consumer packaging solutions are manufactured and distributed.
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Manufacturer of sustainable packaging products
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Online B2B e-distributor of eco-friendly packaging products
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Recycled packaging papers including tissues and kraft varieties are supplied.
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Paper-based protective packaging is manufactured as a plastic alternative.
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Detailed competitors of RAIKU
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Latest news on Raiku
Complete news archive for RAIKU
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Frequently Asked Questions about RAIKU
RAIKU was founded in 2021 and raised its 1st funding round 2 years after it was founded.
RAIKU is headquartered in Tallinn, Estonia.
RAIKU is a funded company, having raised a total of $10.8M across 2 funding rounds to date.
As of Sep 30, 2024, the latest employee count at RAIKU is 14.
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.
RAIKU's top competitors include Graphic Packaging, Flexi-Hex and Khatema Fibres.
RAIKU offers Compostable Packaging Material and Packaging Springs.
RAIKU has 4 investors. Key investors include Kaamos, EIC Fund, Vestman Group, and Little Green Fund.