
Looping
Develops environmentally friendly transport packaging and delivers reuse as a service.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
NOK23.0m | Seed | ||
Total Funding | 000k |
NOK | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 92 % | (47 %) | 19 % | (3 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (53 %) | (15 %) | (143 %) | (82 %) | (139 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Looping AS is a pioneering company focused on replacing single-use plastic solutions with reusable transport packaging. Operating primarily in the construction and wood industries, Looping serves clients who are looking to reduce waste and improve sustainability in their operations. The company was founded by Jens Brustad and has grown to include a dedicated team of professionals passionate about reuse and sustainability. Looping's business model revolves around 'reuse as a service,' where they provide durable, recycled plastic packaging that can be reused multiple times, thereby reducing the need for disposable alternatives. This model not only helps in minimizing waste but also offers cost savings for clients over the long term. Looping generates revenue through the sale and leasing of their reusable packaging solutions, as well as through consulting services aimed at helping businesses transition to more sustainable practices. The company operates a Looping Service HUB and a production facility in Lithuania, ensuring high-quality, efficient production processes.
Keywords: reusable packaging, sustainability, construction industry, wood industry, recycled plastic, waste reduction, reuse service, durable materials, cost savings, consulting services.