About TRINE
TRINE is a company based in Goteborg (Sweden) founded in 2015.. TRINE has raised $8.68 million across 2 funding rounds from investors including Chalmers Ventures, Gullspång Invest and Alexander Hars. TRINE operates in a competitive market with competitors including Tillvaxtbolaget, Wishraiser, Techquity, Startupers Online and Bantaba, among others.
- Headquarter Goteborg, Sweden
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Sectors
Financial ServicesTechnology Energy & Utilities
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Email
***********
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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
$8.68 M (USD)
in 2 rounds
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Latest Funding Round
$1.94 M (USD), Series B
May 08, 2024
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Investors
Chalmers Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of TRINE
TRINE has successfully raised a total of $8.68M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $1.94 million completed in May 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 2
- Last Round Series B — $1.9M
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First Round
First Round
(28 Jun 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series B - TRINE | Valuation | Chalmers Ventures , Gullspang Invest | |
| Jun, 2017 | Amount | Series A - TRINE | Valuation | Gullspang Invest |
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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 TRINE
TRINE has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Chalmers Ventures, Gullspång Invest and Alexander Hars. 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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Seed and early-stage investments are made across sectors in Europe.
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Founded Year | Domain | Location | |
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Investment partnerships are formed with entrepreneurs for global progress.
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Founded Year | Domain | Location | |
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AH
Alexander Hars |
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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 TRINE
| 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 - TRINE
| 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 |
Trine Comparisons
Competitors of TRINE
TRINE 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 Tillvaxtbolaget, Wishraiser, Techquity, Startupers Online and Bantaba, 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 |
Loans are provided to agricultural businesses for sustainable investments.
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| domain | founded_year | HQ Location |
Online platform utilized for creating fundraising campaigns and collecting donations.
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| domain | founded_year | HQ Location |
Fundraising is facilitated for businesses through a dedicated platform.
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| domain | founded_year | HQ Location |
Online platform for startup ecosystem networking, matching, and app-based interactions.
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| domain | founded_year | HQ Location |
A digital platform connecting tech startups with investors, mentors, and consultants.
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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 Trine
Frequently Asked Questions about TRINE
When was TRINE founded?
TRINE was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is TRINE located?
TRINE is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Is TRINE a funded company?
TRINE is a funded company, having raised a total of $8.68M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.75M, raised on Jun 28, 2017.
What does TRINE do?
TRINE is a crowdfunding platform for solar projects. Assists individuals to invest money in solar projects in which user can invest a minimum amount of 25. The amount is transferred to an e-wallet once the funding completes solar projects are installed. Users are supplied with solar power and need to pay for the power through micro-payments. The invested amount is credited with interest to the e-wallet where users can choose to withdraw or reinvest the fund in other projects.
Who are the top competitors of TRINE?
TRINE's top competitors include Tillvaxtbolaget, Wishraiser and Techquity.
Who are TRINE's investors?
TRINE has 3 investors. Key investors include Chalmers Ventures, Gullspång Invest, and Alexander Hars.
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