
Thermo Lab
Eco-friendly cold chain packaging and logistics platform.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | KRW2.5b | Debt | |
Total Funding | 000k |
Related Content
Founded in 2017, Thermo Lab is a South Korean company specializing in sustainable packaging solutions for cold chain logistics. The company, led by CEO Choi Seok, initially focused on producing eco-friendly packaging materials but has since evolved into a cold chain logistics platform provider.
Thermo Lab's flagship product is the "Eco-liner," an insulating material made from processed wastepaper like used newspapers and boxes. This product is designed to replace Styrofoam in the delivery of fresh food and temperature-sensitive biopharmaceuticals, offering similar thermal conductivity while being recyclable. The company's product line also includes disposable insulated boxes, reusable cooler bags, and eco-friendly ice packs that use 100% water.
The company's business model is shifting towards a "Packaging as a Service" (PaaS) platform. This subscription-based service provides clients with a comprehensive cold chain solution, including temperature-controlled packaging, data logging, and logistics-linked control through an app and web interface, all for a fixed monthly fee. This model aims to reduce logistics costs for clients by eliminating the need for them to own their packaging infrastructure. Thermo Lab serves clients in various sectors, including fresh food delivery and biopharmaceuticals, offering customized solutions to meet specific needs. The company has received multiple government awards for its packaging design and was designated a Green New Deal company in 2021.
Keywords: cold chain packaging, sustainable packaging, eco-friendly logistics, Packaging as a Service, PaaS, temperature-controlled logistics, Eco-liner, insulated packaging, biopharmaceutical logistics, fresh food delivery, recyclable packaging, thermal conductivity, data logging, sustainable logistics, wastepaper recycling, cold chain solutions, temperature-sensitive shipping, logistics platform, reusable packaging, Styrofoam alternative