URSA

Madrid, Spain Founded: 2004 • Age: 22 yrs Acquired By Etex
Thermal and acoustic insulating materials are manufactured by URSA.
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About URSA

URSA is a company based in Madrid (Spain) founded in 2004 was acquired by Etex in January 2022. It operates as a Direct-to-Consumer (D2C). URSA has raised $15 million across 2 funding rounds from investors including S&P Global, Citi and Xella. URSA offers products and services including Mineral Wool, Extruded Polystyrene (XPS), and Blow-in Wool.

  • Headquarter Madrid, Spain
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ursa Insulation S.A.
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15 M (USD)

    in 2 rounds

  • Latest Funding Round
    $763.75 K (USD), Grant

    May 23, 2024

  • Investors
    S&P Global

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Etex

    & 1 more

    (Jan 12, 2022)

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Products & Services of URSA

URSA offers a comprehensive portfolio of products and services, including Mineral Wool, Extruded Polystyrene (XPS), and Blow-in Wool. 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

Durable insulation is provided for energy efficiency and noise reduction.

High-performance insulation is offered for thermal protection in extreme conditions.

Innovative insulation is designed for hard-to-reach spaces in buildings.

People of URSA
Headcount 1000-5000
Employee Profiles 31
Employee Profiles
People
Miroslaw Gawryluk
General Manager
People
Dimitri Creus
HR Business Partner Benelux Etex Insulation
People
Gerard Perea
HR Manager Ibérica
People
Koen Slos
General Manager

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Funding Insights of URSA

URSA has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $763.75 thousand 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 Rounds 2
  • Last Round Grant — $763,751
  • First Round

    (11 Nov 2019)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Grant - URSA Valuation

investors

Nov, 2019 Amount Series B - URSA Valuation Razor's Edge Ventures , ESD
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 URSA

URSA has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include S&P Global, Citi and Xella. 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
Multi-stage venture capital investments are made in US sectors.
Founded Year Domain Location
Empire State Development is focused on economic growth in New York.
Founded Year Domain Location
-
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 URSA

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 - URSA

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

Ursa Comparisons

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Competitors of URSA

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 Ursa

Frequently Asked Questions about URSA

When was URSA founded?

URSA was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Where is URSA located?

URSA is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.

Who is the current CEO of URSA?

Jochen Friedrichs is the current CEO of URSA.

Is URSA a funded company?

URSA is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Nov 11, 2019.

What does URSA do?

URSA is established as a leading European supplier of thermal and acoustic insulation solutions. The company is focused on delivering innovative products like mineral wool, extruded polystyrene (XPS), and blow-in wool for various building applications. Emphasis is placed on sustainability through decarbonization, circular economy practices, and ESG commitments. Solutions are designed for energy efficiency, noise reduction, and environmental responsibility across diverse construction projects worldwide.

What products or services does URSA offer?

URSA offers Mineral Wool, Extruded Polystyrene (XPS), and Blow-in Wool.

Who are URSA's investors?

URSA has 7 investors. Key investors include S&P Global, Citi, Xella, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Razor's Edge Ventures.

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