About Woodoo
Woodoo is a company based in Paris (France) founded in 2016 by Timothee Boitouzet.. Woodoo has raised $31 million across 8 funding rounds from investors including European Union, One Creation and Lowercarbon Capital. Woodoo offers products and services including STACK. Woodoo operates in a competitive market with competitors including STORA ENSO, Ecovative, Trex, Kebony and 3D BioFibR, among others.
- Headquarter Paris, France
- Founders Timothee Boitouzet
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sas Woodoo
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31 M (USD)
in 8 rounds
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Latest Funding Round
$31 M (USD), Series B
Apr 24, 2023
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Investors
European Union
& 5 more
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Employee Count
Employee Count
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Products & Services of Woodoo
Woodoo offers a comprehensive portfolio of products and services, including STACK. 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.
Transforms wood into strong, low-emission alternatives for facades and structures.
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Funding Insights of Woodoo
Woodoo has successfully raised a total of $31M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in April 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 8
- Last Round Series B — $31.0M
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First Round
First Round
(09 Jan 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - Woodoo | Valuation | Lowercarbon Capital | |
| Feb, 2023 | Amount | Grant - Woodoo | Valuation |
investors |
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| Mar, 2021 | Amount | Grant - Woodoo | 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 Woodoo
Woodoo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, One Creation and Lowercarbon Capital. 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 fund focused on tech startups
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Founded Year | Domain | Location | |
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Early stage investments are provided to innovative founders.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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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 Woodoo
| 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 - Woodoo
| 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 |
Woodoo Comparisons
Competitors of Woodoo
Woodoo 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 STORA ENSO, Ecovative, Trex, Kebony and 3D BioFibR, 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 |
Developer of advanced building materials
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| domain | founded_year | HQ Location |
Sustainable biodegradable materials are developed using mycelium technology.
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| domain | founded_year | HQ Location |
Architectural services for decking and outdoor structures are offered.
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| domain | founded_year | HQ Location |
Alternative to tropical wood is manufactured from softwood by Kebony.
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| domain | founded_year | HQ Location |
Low-denier multifilament protein fibres are produced via patented dry-spinning technology.
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| domain | founded_year | HQ Location |
Developer of wood fibre insulation for the residential and light commercial construction markets
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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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Frequently Asked Questions about Woodoo
When was Woodoo founded?
Woodoo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Woodoo located?
Woodoo is headquartered in Paris, France.
Who is the current CEO of Woodoo?
Timothee Boitouzet is the current CEO of Woodoo. They have also founded this company.
Is Woodoo a funded company?
Woodoo is a funded company, having raised a total of $31M across 8 funding rounds to date. The company's 1st funding round was a Grant of $692.22K, raised on Jan 09, 2017.
What does Woodoo do?
Woodoo was founded in 2016 in Paris, France, and operates in the construction materials sector. Low-grade wood is processed into high-performance alternatives to steel, aluminum, and concrete. These materials are applied in facade cladding, siding, columns, and beams for structural uses. Durability is emphasized, with operations focused on reducing carbon emissions in building projects across Europe.
Who are the top competitors of Woodoo?
Woodoo's top competitors include Ecovative, STORA ENSO and Trex.
What products or services does Woodoo offer?
Woodoo offers STACK.
Who are Woodoo's investors?
Woodoo has 6 investors. Key investors include European Union, One Creation, Lowercarbon Capital, Purple 0, and EIC Fund.