About WPU
WPU is a company based in Farevejle (Denmark) founded in 2019.. WPU has raised $37.5 million across 1 funding round from investors including Vitol. The company has 6 employees as of November 30, 2024. WPU offers products and services including Pyrolysis Technology and Upcycling Service. WPU operates in a competitive market with competitors including AVISTA OIL, Safety-Kleen, Resynergi, Kalina Power and Clean Seas, among others.
- Headquarter Farevejle, Denmark
- Employees 6 as on 30 Nov, 2024
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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 Wpu - Waste Plastic Upcycling A/S
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Annual Revenue
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Net Profit
$-528.6 K (USD)-446as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$37.5 M (USD)
in 1 rounds
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Latest Funding Round
$37.5 M (USD), Series C
Jul 31, 2023
- Investors
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Employee Count
6
as on Nov 30, 2024
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Products & Services of WPU
WPU offers a comprehensive portfolio of products and services, including Pyrolysis Technology and Upcycling Service. 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.
Converts plastic waste into oil with efficient processing
Provides waste-to-oil conversion for industrial partners
Funding Insights of WPU
WPU has successfully raised a total of $37.5M through 1 strategic funding round. The most recent funding activity was a Series C round of $37.5 million completed in July 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 Series C — $37.5M
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First Round
First Round
(31 Jul 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - WPU | Valuation | Vitol |
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| 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 WPU
WPU has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vitol. 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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Oil processing, storage, and shipping services are provided globally.
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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 WPU
| 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 - WPU
| 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 |
Wpu Comparisons
Competitors of WPU
WPU 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 AVISTA OIL, Safety-Kleen, Resynergi, Kalina Power and Clean Seas, 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 |
Oil refining services are provided by AVISTA OIL in Germany.
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| domain | founded_year | HQ Location |
Oil refining and environmental services are provided to industrial clients.
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| domain | founded_year | HQ Location |
Plastic waste is converted into oil through proprietary systems.
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| domain | founded_year | HQ Location |
Conversion solutions for industrial waste into electricity are provided.
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| domain | founded_year | HQ Location |
Energy is generated from plastic waste through specialized services.
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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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Frequently Asked Questions about WPU
When was WPU founded?
WPU was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is WPU located?
WPU is headquartered in Farevejle, Denmark. It is registered at Farevejle, Region Zealand, Denmark.
Who is the current CEO of WPU?
Niels Bagge is the current CEO of WPU.
Is WPU a funded company?
WPU is a funded company, having raised a total of $37.5M across 1 funding round to date. The company's 1st funding round was a Series C of $37.5M, raised on Jul 31, 2023.
How many employees does WPU have?
As of Nov 30, 2024, the latest employee count at WPU is 6.
What does WPU do?
WPU was founded in 2019 in Farevejle, Denmark, within the waste management and sustainability sector. Solutions for upcycling waste plastics are delivered through pyrolysis technology, converting non-recyclable materials into usable resources. Operations emphasize technological processes for environmental impact reduction. Leadership is provided by CEO Niels Bagge and Co-CEO Lotte Rosenberg, with activities based in Denmark to support industrial recycling needs.
Who are the top competitors of WPU?
WPU's top competitors include Safety-Kleen, AVISTA OIL and Kalina Power.
What products or services does WPU offer?
WPU offers Pyrolysis Technology and Upcycling Service.
Who are WPU's investors?
WPU has 1 investor. Key investors include Vitol.