Tracegrow
A Finnish cleantech company operating in the circular economy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Early VC | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 975 % | 7 % | 47 % | 45 % | (10 %) | 17 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (1725 %) | (142 %) | (194 %) | (64 %) | (97 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (2307 %) | (256 %) | (386 %) | (188 %) | (176 %) | (279 %) | (269 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 107 % | 100 % | 93 % | - | - | - | - |
Source: Company filings or news article
Related Content
Tracegrow is a Finnish startup dedicated to sustainability by producing eco-friendly fertilizers. The company has developed an innovative process to extract and purify micronutrients from used alkaline batteries, transforming waste into valuable agricultural inputs. This approach not only addresses the issue of battery waste but also provides a sustainable solution for crop production.
Tracegrow primarily serves farmers and agricultural businesses that are looking for sustainable and organic farming solutions. The company operates in the agricultural and environmental sectors, focusing on markets that prioritize eco-friendly and sustainable practices.
The business model of Tracegrow revolves around the circular economy, which aims to minimize waste and make the most of resources. By recycling used batteries, Tracegrow reduces environmental pollution and provides a sustainable alternative to traditional fertilizers. The company generates revenue by selling its micronutrient-rich fertilizers to farmers and agricultural enterprises. Additionally, Tracegrow's products are certified for organic farming, which opens up further market opportunities.
Tracegrow has received several accolades for its innovative approach, including the Finnish Chemical Society's Circular Economy Innovation Award and the Circwaste Award from the Finnish Environment Institute. These recognitions underscore the company's commitment to sustainability and its role in promoting environmentally conscious solutions in agriculture.
In summary, Tracegrow is a pioneering company in the field of sustainable agriculture, offering recycled micronutrient fertilizers to promote eco-friendly farming practices. By turning waste into valuable resources, Tracegrow not only supports sustainable crop production but also contributes to the broader goal of environmental preservation.
Keywords: sustainability, fertilizers, micronutrients, alkaline batteries, recycling, agriculture, organic farming, circular economy, environmental preservation, innovation.