Tessara

Cape Town, South Africa Founded: 1985 • Age: 41 yrs Acquired By AgroFresh
Manufacturer and supplier of fungicides
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About Tessara

Tessara is a company based in Cape Town (South Africa) founded in 1985 was acquired by AgroFresh in July 2023.. Tessara offers products and services including SmartFresh, Berrisys, EthylBloc, and FreshCloud. Tessara operates in a competitive market with competitors including It’s Fresh!, Aseptia, Oxy-Low, Peelon and SaveGrain Bags, among others.

  • Headquarter Cape Town, South Africa
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
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Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    AgroFresh

    & 2 more

    (Jul 19, 2023)

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Products & Services of Tessara

Tessara offers a comprehensive portfolio of products and services, including SmartFresh, Berrisys, EthylBloc, and FreshCloud. 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.

Primary

Controls ethylene to extend shelf life of fruits and vegetables.

Provides intelligent packaging for berries to maintain freshness.

Blocks ethylene gas to prevent premature ripening of produce.

Offers cloud-based tools for harvest inspection and storage management.

Funding Insights of Tessara

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tessara

Tessara has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, AgroFresh and RMB Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed by RMB Ventures.
Founded Year Domain Location
Private equity capital is managed by PAPE for mid-cap investments.
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tessara

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tessara

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tessara Comparisons

Employees
+
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Competitors of Tessara

Tessara 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 It’s Fresh!, Aseptia, Oxy-Low, Peelon and SaveGrain Bags, 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
Ethylene absorbing filters are manufactured for produce shelf life extension.
domain founded_year HQ Location
Provides technology solutions to extend the shelf life of perishable foods.
domain founded_year HQ Location
Packaging solutions for food industry products are provided.
domain founded_year HQ Location
Provider of farm produce shelf life boosting packaging materials
domain founded_year HQ Location
Produces high-quality hermetic bags for grain storage.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tessara

Frequently Asked Questions about Tessara

When was Tessara founded?

Tessara was founded in 1985.

Where is Tessara located?

Tessara is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

What does Tessara do?

Manufacturer and supplier of fungicides. It offers laminated plastic sulfur dioxide generating sheets that protect grapes, roses, litchis, and longans from post-harvest fungal decay caused by Botrytis cinerea fungus.

Who are the top competitors of Tessara?

Tessara's top competitors include Peelon, It’s Fresh! and Oxy-Low.

What products or services does Tessara offer?

Tessara offers SmartFresh, Berrisys, EthylBloc, and FreshCloud.

Who are Tessara's investors?

Tessara has 4 investors. Key investors include The Carlyle Group, AgroFresh, RMB Ventures, and PAPE funds.

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