About Rester
Rester is a company based in Paimio (Finland) founded in 2019.. Rester has raised $11.09 million across 3 funding rounds from investors including Lindström, European Union and Tesi. Rester offers products and services including Closed-Loop Recycling and Open-Loop Recycling. Rester operates in a competitive market with competitors including Martex Fiber, BlockTexx, Revolution-ZERO, ECOMMIT and Recyc’ELIT, among others.
- Headquarter Paimio, Finland
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Rester Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.09 M (USD)
in 3 rounds
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Latest Funding Round
$5.07 M (USD), Series A
Jan 21, 2025
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Investors
Lindström
& 4 more
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Employee Count
Employee Count
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Products & Services of Rester
Rester offers a comprehensive portfolio of products and services, including Closed-Loop Recycling and Open-Loop Recycling. 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.
Reuses company textiles into new materials for internal use.
Converts textiles into raw fibers for sale to other industries.
Funding Insights of Rester
Rester has successfully raised a total of $11.09M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.07 million completed in January 2025. 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 3
- Last Round Series A — $5.1M
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First Round
First Round
(13 Jul 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Rester | Valuation |
investors |
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| Dec, 2022 | Amount | Grant - Rester | Valuation |
investors |
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| Jul, 2022 | Amount | Series A - Rester | Valuation | Lindstrom |
| 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 Rester
Rester has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Lindström, European Union and Tesi. 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 | |
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Diversified asset management and private equity firm focused on renewable energy and multiple sectors
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Founded Year | Domain | Location | |
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A family-owned investment company based in Helsinki, Finland.
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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 Rester
| 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 - Rester
| 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 |
Rester Comparisons
Competitors of Rester
Rester 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 Martex Fiber, BlockTexx, Revolution-ZERO, ECOMMIT and Recyc’ELIT, 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 |
Fibre and textile recycling services are provided by Martex Fiber.
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| domain | founded_year | HQ Location |
Textile waste recycling services are provided by BlockTexx.
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| domain | founded_year | HQ Location |
Provider of textiles recycling services
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| domain | founded_year | HQ Location |
Waste recycling services are provided in Japan by ECOMMIT.
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| domain | founded_year | HQ Location |
Polyester-based textiles are recycled through a patented low-carbon process.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Rester
Frequently Asked Questions about Rester
When was Rester founded?
Rester was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Rester located?
Rester is headquartered in Paimio, Finland. It is registered at Paimio, Varsinais-suomi, Finland.
Is Rester a funded company?
Rester is a funded company, having raised a total of $11.09M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.02M, raised on Jul 13, 2022.
What does Rester do?
Rester was founded in 2019 and is based in Paimio, Finland. Operations focus on the waste management sector, specifically textiles. Services encompass collection, sorting, and processing of discarded textiles to support recycling efforts. Activities are conducted within Finland, with the domain rester.fi facilitating online access. The company contributes to sustainable handling of textile waste in the region.
Who are the top competitors of Rester?
Rester's top competitors include Revolution-ZERO, BlockTexx and ECOMMIT.
What products or services does Rester offer?
Rester offers Closed-Loop Recycling and Open-Loop Recycling.
Who are Rester's investors?
Rester has 5 investors. Key investors include Lindström, European Union, Tesi, Taaleri, and Besodos Investors.