About Ryp Labs
Ryp Labs is a company based in Kirkland (United States) founded in 2017 by Steve Hulteng and Ahmed Moody Soliman.. Ryp Labs has raised $12.13 million across 6 funding rounds from investors including United States Department of Agriculture and America’s Seed Fund. Ryp Labs offers products and services including StixFresh™, StixFresh™ for Berries, and StixFresh™ for Mangoes.
- Headquarter Kirkland, United States
- Founders Steve Hulteng, Ahmed Moody Soliman
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Sectors
Agriculture
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.13 M (USD)
in 6 rounds
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Latest Funding Round
$10.75 M (USD), Series A
Jul 13, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Ryp Labs
Ryp Labs offers a comprehensive portfolio of products and services, including StixFresh™, StixFresh™ for Berries, and StixFresh™ for Mangoes. 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.
Extends fruit shelf life by slowing spoilage with bioactive volatiles.
Delays spoilage in berries to reduce waste during distribution.
Slows mold onset in mangoes for extended sellable period.
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Funding Insights of Ryp Labs
Ryp Labs has successfully raised a total of $12.13M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $10.75 million completed in July 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 6
- Last Round Series A — $10.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Series A - Ryp Labs | Valuation |
investors |
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| Sep, 2021 | Amount | Grant - Ryp Labs | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - Ryp Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ryp Labs
Ryp Labs has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include United States Department of Agriculture and America’s Seed Fund. 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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Venture capital fund backed by the US Government
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Leadership is provided on agriculture, food, and rural development matters.
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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 Ryp Labs
| 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 - Ryp Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ryp Labs Comparisons
Competitors of Ryp Labs
| 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 Ryp Labs
Frequently Asked Questions about Ryp Labs
When was Ryp Labs founded?
Ryp Labs was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Ryp Labs located?
Ryp Labs is headquartered in Kirkland, United States. It is registered at Kirkland, Washington, United States.
Who is the current CEO of Ryp Labs?
Ahmed Moody Soliman is the current CEO of Ryp Labs. They have also founded this company.
Is Ryp Labs a funded company?
Ryp Labs is a funded company, having raised a total of $12.13M across 6 funding rounds to date. The company's 1st funding round was a Grant of $86.34K, raised on Jan 22, 2018.
What does Ryp Labs do?
Ryp Labs was founded in 2017 in Kirkland, United States, within the agtech sector. A patent-pending formulation is utilized in peel-off stickers that are applied directly to fruits such as apples, pears, avocados, kiwis, mangos, and citrus varieties. A protective vapor-phase layer is created to slow over-ripening and spoilage, extending freshness. Operations focus on fruit preservation solutions for extended shelf life.
What products or services does Ryp Labs offer?
Ryp Labs offers StixFresh™, StixFresh™ for Berries, and StixFresh™ for Mangoes.
Who are Ryp Labs's investors?
Ryp Labs has 2 investors. Key investors include United States Department of Agriculture, and America’s Seed Fund.