Wakati

Antwerp, Belgium Founded: 2013 • Age: 13 yrs
Solar Powered device for extending shelf life of farm produce
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About Wakati

Wakati is a company based in Antwerp (Belgium) founded in 2013.. Wakati has raised $500 thousand across 1 funding round from investors including SOSV. Wakati operates in a competitive market with competitors including Promethean Power Systems, Inficold, VeriSolutions, ColdHubs and Nordic 247 Services, among others.

  • Headquarter Antwerp, Belgium
  • Sectors
    Consumer
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ni Wakati
Operational Areas
Consumer → Food, Beverage & Nutrition
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 1 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Feb 12, 2016

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Wakati

Wakati has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in February 2016. 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 1
  • Last Round Seed — $500,000
  • First Round

    (12 Feb 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Seed - Wakati Valuation

investors

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

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Investors in Wakati

Wakati has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SOSV. 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
Investor Description Founded Year Domain Location
Venture capital and accelerator services are provided across 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 Wakati

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 - Wakati

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

Wakati Comparisons

Employees
+
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Competitors of Wakati

Wakati 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 Promethean Power Systems, Inficold, VeriSolutions, ColdHubs and Nordic 247 Services, 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.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wakati

Frequently Asked Questions about Wakati

When was Wakati founded?

Wakati was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Wakati located?

Wakati is headquartered in Antwerp, Belgium.

Is Wakati a funded company?

Wakati is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Feb 12, 2016.

What does Wakati do?

Wakati was founded in 2013 in Antwerp, Belgium, within the agri-tech sector. Post-harvest losses for small farmers are addressed through a solar-powered storage device that creates a sterile microclimate to maintain produce in suboptimal conditions. The device has been introduced for beta testing in select locations in Tanzania and Kenya, supported by nonprofit organizations. Operations focus on practical solutions for rural agriculture.

Who are the top competitors of Wakati?

Wakati's top competitors include Inficold, Promethean Power Systems and ColdHubs.

Who are Wakati's investors?

Wakati has 1 investor. Key investors include SOSV.

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