About Wastefront
Wastefront is a company based in Oslo (Norway) founded in 2019 by Inge Berge, Christian A Hvamstad, and Nino Vang Vojvodic.. Wastefront offers products and services including Sustainable Aviation Fuels and Sustainable Chemicals. Wastefront operates in a competitive market with competitors including Liberty Tire, Boulder Industries, Scandinavian Enviro Systems, Pyrolyx and Tinna Rubber & Infrastructure, among others.
- Headquarter Oslo, Norway
- Founders Inge Berge, Christian A Hvamstad, Nino Vang Vojvodic
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wastefront As
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Annual Revenue
$350.93 K (USD)147as on Dec 31, 2022
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Net Profit
$-3.38 M (USD)32as on Dec 31, 2022
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EBITDA
$-4.1 M (USD)25as on Dec 31, 2022
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Latest Funding Round
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Investors
International Airlines Group
& 3 more
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Employee Count
Employee Count
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Products & Services of Wastefront
Wastefront offers a comprehensive portfolio of products and services, including Sustainable Aviation Fuels and Sustainable Chemicals. 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.
Fuels produced from recycled waste tyres for aviation applications.
Chemicals derived from waste tyres for industrial and environmental uses.
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Funding Insights of Wastefront
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(08 Nov 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - Wastefront | Valuation |
investors |
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| Nov, 2022 | Amount | Grant - Wastefront | 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 Wastefront
Wastefront has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include International Airlines Group, Vinnova and Norwegian Research Council. 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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Venture capital funding is provided to Swedish companies across sectors.
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Founded Year | Domain | Location | |
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Passenger air transport and freight services are provided internationally.
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Founded Year | Domain | Location | |
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Business management consulting services are offered to clients.
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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 Wastefront
| 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 - Wastefront
| 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 |
Wastefront Comparisons
Competitors of Wastefront
Wastefront 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 Liberty Tire, Boulder Industries, Scandinavian Enviro Systems, Pyrolyx and Tinna Rubber & Infrastructure, 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 |
Used tires are collected, processed, and recycled into reusable materials.
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| domain | founded_year | HQ Location |
Waste tires are converted into energy products by Boulder Industries.
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| domain | founded_year | HQ Location |
Tire recycling services are provided for environmental management in Sweden.
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| domain | founded_year | HQ Location |
Provides comprehensive tire recycling services to support sustainable waste management.
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| domain | founded_year | HQ Location |
Manufacturer of recycled rubber materials, bitumen products, steel abrasives, and polymers
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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 Wastefront
Frequently Asked Questions about Wastefront
When was Wastefront founded?
Wastefront was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Wastefront located?
Wastefront is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Wastefront?
Vianney Vales is the current CEO of Wastefront.
What is the annual revenue of Wastefront?
Annual revenue of Wastefront is $350.93K as on Dec 31, 2022.
What does Wastefront do?
Wastefront provider of tires recycling services through environment, waste water management, managing waste solutions, treatment, recycling, and tyre. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Wastefront?
Wastefront's top competitors include Boulder Industries, Scandinavian Enviro Systems and Tinna Rubber & Infrastructure.
What products or services does Wastefront offer?
Wastefront offers Sustainable Aviation Fuels and Sustainable Chemicals.
Who are Wastefront's investors?
Wastefront has 4 investors. Key investors include International Airlines Group, Vinnova, Norwegian Research Council, and Eureka Network.