About TOWER Cold Chain Solutions
TOWER Cold Chain Solutions is a company based in Theale (United Kingdom) founded in 2009 was acquired by Cold Chain Technologies in October 2024.. TOWER Cold Chain Solutions has raised $12.25 million across 3 funding rounds from investors including Investec, Cold Chain Technologies and The FSE Group. TOWER Cold Chain Solutions operates in a competitive market with competitors including CLCircular, GAH, Holifresh, See Your Box and Hemdahl, among others.
- Headquarter Theale, United Kingdom
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Tower Cold Chain Solutions Limited
- Date of Incorporation 28 Apr, 2009
- Jurisdiction READING, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.25 M (USD)
in 3 rounds
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Latest Funding Round
$8.1 M (USD), Series B
Jul 21, 2022
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Investors
Investec
& 2 more
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Employee Count
Employee Count
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Acquired by
Cold Chain Technologies
(Oct 23, 2024)
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Funding Insights of TOWER Cold Chain Solutions
TOWER Cold Chain Solutions has successfully raised a total of $12.25M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.1 million completed in July 2022. 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 B — $8.1M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - TOWER Cold Chain Solutions | Valuation | Investec |
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| Feb, 2018 | Amount | Series A - TOWER Cold Chain Solutions | Valuation |
investors |
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| Oct, 2016 | Amount | Series A - TOWER Cold Chain Solutions | Valuation |
investors |
| 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 TOWER Cold Chain Solutions
TOWER Cold Chain Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Investec, Cold Chain Technologies and The FSE Group. 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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Funding solutions are provided by The FSE Group for businesses.
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Founded Year | Domain | Location | |
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Global banking, investment, and wealth management services are offered worldwide.
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Founded Year | Domain | Location | |
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Thermal packaging solutions and cold chain monitoring services are provided.
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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 TOWER Cold Chain Solutions
| 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 - TOWER Cold Chain Solutions
| 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 |
Tower Cold Chain Solutions Comparisons
Competitors of TOWER Cold Chain Solutions
TOWER Cold Chain Solutions 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 CLCircular, GAH, Holifresh, See Your Box and Hemdahl, 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 |
Provides realtime monitoring solutions for cold chain
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| domain | founded_year | HQ Location |
Cold-chain monitoring and GPS fleet management solutions are provided.
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| domain | founded_year | HQ Location |
Digital solutions for food safety and compliance management are provided.
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| domain | founded_year | HQ Location |
IoT sensors are deployed to monitor package health in shipments.
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| domain | founded_year | HQ Location |
Offers innovative solutions for monitoring cold chain logistics to ensure product integrity.
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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 Tower Cold Chain Solutions
Frequently Asked Questions about TOWER Cold Chain Solutions
When was TOWER Cold Chain Solutions founded?
TOWER Cold Chain Solutions was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is TOWER Cold Chain Solutions located?
TOWER Cold Chain Solutions is headquartered in Theale, United Kingdom.
Is TOWER Cold Chain Solutions a funded company?
TOWER Cold Chain Solutions is a funded company, having raised a total of $12.25M across 3 funding rounds to date.
What does TOWER Cold Chain Solutions do?
KryoTrans provides solutions for cold chain logistics. Its solutions include temperature-controlled containers, boxes, and a data logger. KryoTrans Modular is a temperature-controlled passive container that can be configured for different sizes and it maintains temperatures in the range of -60 to 30 degrees Celcius. It is not powered and claims of maintaining a uniform temperature across the container without any hot or cold spots within. It includes an integrated data logging feature that also registers events such as opening and closing of doors. KryoLogger is a temperature logger which provides an audit trail of loads by logging the internal core and external ambient temperatures of the shipment.
Who are the top competitors of TOWER Cold Chain Solutions?
TOWER Cold Chain Solutions's top competitors include GAH, CLCircular and Holifresh.
Who are TOWER Cold Chain Solutions's investors?
TOWER Cold Chain Solutions has 3 investors. Key investors include Investec, Cold Chain Technologies, and The FSE Group.
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