About Whywaste
Whywaste is a company based in Stockholm (Sweden) founded in 2013 by Kristoffer Hagstedt was acquired by Invafresh in October 2023.. Whywaste has raised $1 million across 1 funding round from investors including Invafresh and Norrsken VC. Whywaste offers products and services including Fresh Operations Platform, Inventory Optimization Tool, and eCommerce Solution.
- Headquarter Stockholm, Sweden
- Founders Kristoffer Hagstedt
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Products & Services of Whywaste
Whywaste offers a comprehensive portfolio of products and services, including Fresh Operations Platform, Inventory Optimization Tool, and eCommerce Solution. 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.
Digitizes real-time fresh operations for grocery retailers.
Optimizes inventory to reduce waste in grocery stores.
Enables omnichannel order management for retailers.
Funding Insights of Whywaste
Whywaste has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in August 2018. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(08 Aug 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - Whywaste | 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 Whywaste
Whywaste has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Invafresh and Norrsken VC. 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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Impact investments are made in startups addressing global challenges.
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Founded Year | Domain | Location | |
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Provider of suite solution for food retail businesses
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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 Whywaste
| 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 - Whywaste
| 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 |
Whywaste Comparisons
Competitors of Whywaste
| 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 Whywaste
Frequently Asked Questions about Whywaste
When was Whywaste founded?
Whywaste was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Whywaste located?
Whywaste is headquartered in Stockholm, Sweden.
Who is the current CEO of Whywaste?
Kristoffer Hagstedt is the current CEO of Whywaste. They have also founded this company.
Is Whywaste a funded company?
Whywaste is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Aug 08, 2018.
What does Whywaste do?
Whywaste was established in 2013 in Stockholm, Sweden, as a technology firm focused on the retail sector. Data-driven applications are developed by the company, including Semafor for expiration date management and analytics, and Semafor Deli for quality assurance and analytics. Services are utilized by clients such as City Gross and Coop, supporting operational efficiency in retail environments.
What products or services does Whywaste offer?
Whywaste offers Fresh Operations Platform, Inventory Optimization Tool, and eCommerce Solution.
Who are Whywaste's investors?
Whywaste has 2 investors. Key investors include Invafresh, and Norrsken VC.