About Woamy
Woamy is a company based in Espoo (Finland) founded in 2022 by Mohamed Elamir and Susanna Partanen.. Woamy has raised $1.1 million across 1 funding round from investors including Secto Design and CMPC Ventures. Woamy offers products and services including Biofoam and Sample Kits. Woamy operates in a competitive market with competitors including Tidal Vision, Calyxia, Renewcell, Cruz Foam and Arsenal Medical, among others.
- Headquarter Espoo, Finland
- Founders Mohamed Elamir, Susanna Partanen
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Sectors
EnvironmentChemicals & Materials Industrial Goods & Manufacturing
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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 Woamy Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.1 M (USD)
in 1 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Jan 23, 2023
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Investors
Secto Design
& 1 more
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Employee Count
Employee Count
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Products & Services of Woamy
Woamy offers a comprehensive portfolio of products and services, including Biofoam and Sample Kits. 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.
Biodegradable foam for protective packaging and environmental applications
Kits for evaluating biofoam in sustainable packaging scenarios
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Funding Insights of Woamy
Woamy has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in January 2023. 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 — $1.1M
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First Round
First Round
(23 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Woamy | Valuation | CMPC Ventures |
| 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 Woamy
Woamy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Secto Design and CMPC Ventures. 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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Invests in startups for bio-based materials and forestry innovations worldwide.
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Founded Year | Domain | Location | |
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Electric lamps are manufactured and designed by Secto Design.
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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 Woamy
| 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 - Woamy
| 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 |
Woamy Comparisons
Competitors of Woamy
Woamy 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 Tidal Vision, Calyxia, Renewcell, Cruz Foam and Arsenal Medical, 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 |
Provider of natural biopolymer materials
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| domain | founded_year | HQ Location |
Green chemicals are developed using microcapsule technology for sustainability.
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| domain | founded_year | HQ Location |
Biodegradable fibres are produced from recycled cellulosic materials.
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| domain | founded_year | HQ Location |
Biodegradable foam packaging alternatives to polystyrene are manufactured sustainably.
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| domain | founded_year | HQ Location |
Polymer-based foams and fibers are developed for medical applications.
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| domain | founded_year | HQ Location |
Bio-based binder polymers are developed for industrial applications.
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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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| 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 Woamy
Frequently Asked Questions about Woamy
When was Woamy founded?
Woamy was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Woamy located?
Woamy is headquartered in Espoo, Finland.
Who is the current CEO of Woamy?
Susanna Partanen is the current CEO of Woamy. They have also founded this company.
Is Woamy a funded company?
Woamy is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Jan 23, 2023.
What does Woamy do?
Woamy was founded in 2022 in Espoo, Finland, within the sustainable materials sector. Recyclable cellulose-based foam is developed by the company, with a platform provided for users to manufacture biodegradable alternatives. Research services are offered alongside forest-derived products. Operations emphasize environmental technology, focusing on scalable production methods for eco-friendly packaging and insulation solutions.
Who are the top competitors of Woamy?
Woamy's top competitors include Tidal Vision, Calyxia and Renewcell.
What products or services does Woamy offer?
Woamy offers Biofoam and Sample Kits.
Who are Woamy's investors?
Woamy has 2 investors. Key investors include Secto Design, and CMPC Ventures.