About Wise
Wise is a company based in Itatiba (Brazil) founded in 2007 was acquired by Braskem in August 2022. It operates as a Circular Economy, and Direct-to-Consumer (D2C). Wise offers products and services including Recycled Thermoplastic Resins, Wisewood Engineering Parts, and Waste Management Services. Wise operates in a competitive market with competitors including eeCoo, Carbo Brazil and Ecotronic, among others.
- Headquarter Itatiba, Brazil
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Sectors
Environment
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Products & Services of Wise
Wise offers a comprehensive portfolio of products and services, including Recycled Thermoplastic Resins, Wisewood Engineering Parts, and Waste Management Services. 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.
Recycled resins are offered with high quality and traceability.
Recycled plastic is used to replace hardwood in engineering.
Post-industrial waste management is provided by the company.
Funding Insights of Wise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Wise
Wise has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Braskem. 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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Petrochemicals, chemicals, and thermoplastic resins are produced for 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Wise
| 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 - Wise
| 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 |
Wise Comparisons
Competitors of Wise
Wise 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 eeCoo, Carbo Brazil and Ecotronic, 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 |
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| domain | founded_year | HQ Location |
Manufactures and sells biodegradable disposable items for food service and events.
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| domain | founded_year | HQ Location |
Offers analysis, management, and recycling of industrial and domestic waste for various clients.
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Provides electronic waste collection, transportation, recycling, and tracking for businesses in Brazil.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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 Wise
Frequently Asked Questions about Wise
When was Wise founded?
Wise was founded in 2007.
Where is Wise located?
Wise is headquartered in Itatiba, Brazil. It is registered at Itatiba, Sao Paulo, Brazil.
What does Wise do?
Wise is involved in the production of recycled thermoplastic resins as sustainable alternatives to virgin materials, ensuring high quality and traceability. Through its Wisewood unit, recycled plastic is utilized to replace hardwood in engineering applications like railway sleepers and energy distribution components. Additionally, waste management services for post-industrial residues are provided. The company operates in the environmental and materials sectors, focusing on creating a positive impact through a virtuous cycle for plastics involving the environment, businesses, and communities.
Who are the top competitors of Wise?
Wise's top competitors include eeCoo, Carbo Brazil and Ecotronic.
What products or services does Wise offer?
Wise offers Recycled Thermoplastic Resins, Wisewood Engineering Parts, and Waste Management Services.
Who are Wise's investors?
Wise has 1 investor. Key investors include Braskem.