About Saveggy
Saveggy is a company based in Lund (Sweden) founded in 2020.. Saveggy has raised $2.72 million across 3 funding rounds from investors including Almi, Eureka Network and SmiLe Incubator. Saveggy offers products and services including SaveCucumber. Saveggy operates in a competitive market with competitors including Apeel, Mori, Navork, AgroSustain and Agri-Neo, among others.
- Headquarter Lund, Sweden
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Saveggy Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.72 M (USD)
in 3 rounds
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Latest Funding Round
$1.87 M (USD), Seed
Apr 15, 2024
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Investors
Almi
& 6 more
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Employee Count
Employee Count
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Products & Services of Saveggy
Saveggy offers a comprehensive portfolio of products and services, including SaveCucumber. 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.
Edible layer made from oils to extend cucumber freshness and reduce plastic waste.
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Funding Insights of Saveggy
Saveggy has successfully raised a total of $2.72M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.87 million completed in April 2024. 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 Seed — $1.9M
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First Round
First Round
(20 Feb 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Saveggy | Valuation | Unconventional Ventures | |
| Apr, 2023 | Amount | Grant - Saveggy | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - Saveggy | Valuation | Fåhraeus Startup and Growth Fund , SmiLe Incubator |
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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 Saveggy
Saveggy has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Almi, Eureka Network and SmiLe Incubator. 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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European impact tech startups are supported through investments.
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Founded Year | Domain | Location | |
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Long-term investments are made in sustainable agricultural startups.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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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 Saveggy
| 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 - Saveggy
| 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 |
Saveggy Comparisons
Competitors of Saveggy
Saveggy 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 Apeel, Mori, Navork, AgroSustain and Agri-Neo, 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 |
Plant-based coatings for extending produce shelf life are developed.
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| domain | founded_year | HQ Location |
A natural protective solution for food is provided by Mori.
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| domain | founded_year | HQ Location |
Developer of nano-based materials aiming to improve shelf life of farm produce
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| domain | founded_year | HQ Location |
Developer and supplier of organic shelf-life enhancers
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| domain | founded_year | HQ Location |
Organic pasteurization technology for food products is provided.
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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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Latest news on Saveggy
Frequently Asked Questions about Saveggy
When was Saveggy founded?
Saveggy was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Saveggy located?
Saveggy is headquartered in Lund, Sweden.
Is Saveggy a funded company?
Saveggy is a funded company, having raised a total of $2.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $850.72K, raised on Feb 20, 2022.
What does Saveggy do?
Saveggy was founded in 2020 and operates as a distributor of fruits and vegetables from its base in Lund, Sweden. Fresh produce is sourced from local suppliers and delivered to retailers and businesses across the region. The company handles logistics and inventory management within the agricultural sector, ensuring timely supply chains. Operations remain focused on the Nordic market, with an emphasis on quality control and regional efficiency.
Who are the top competitors of Saveggy?
Saveggy's top competitors include Apeel, Mori and AgroSustain.
What products or services does Saveggy offer?
Saveggy offers SaveCucumber.
Who are Saveggy's investors?
Saveggy has 7 investors. Key investors include Almi, Eureka Network, SmiLe Incubator, Unconventional Ventures, and LRF Ventures.