GRIN Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 23

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 5

GRIN General Information

Description

Developer of smart collection systems intended to facilitate the return of circular products. The company's platform utilizes artificial intelligence, image recognition, and Internet of Things sensors to validate the return of reusable packaging, electronics, and medical devices, enabling businesses to automate reverse logistics, track real-time return data, and transition from linear to circular operational models through a hardware-as-a-service subscription.

Contact Information

Website
www.grin.no
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Gaustadalléen 21
  • 0349 Oslo
  • Norway
+47 94
Primary Industry
Environmental Services (B2B)
Other Industries
Other Commercial Products
Vertical(s)
CleanTech, Artificial Intelligence & Machine Learning, Supply Chain Tech, Internet of Things
Corporate Office
  • Gaustadalléen 21
  • 0349 Oslo
  • Norway
+47 94

GRIN Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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GRIN Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 01-Mar-2025 Completed Generating Revenue
4. Later Stage VC 01-Jan-2024 Completed Generating Revenue
3. Accelerator/Incubator 27-Jul-2022 Completed Generating Revenue
2. Grant 01-Jan-2020 $111K $332K Completed Generating Revenue
1. Accelerator/Incubator 09-Oct-2019 $332K $332K Completed Generating Revenue
To view GRIN’s complete valuation and funding history, request access »

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GRIN Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

GRIN Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4591296-A1 Reverse vending machine and method in a reverse vending machine Pending 22-Sep-2022
US-20260330495-A1 Reverse vending machine and method in a reverse vending machine Pending 22-Sep-2022
WO-2024063657-A1 Reverse vending machine and method in a reverse vending machine Inactive 22-Sep-2022
CA-220852-S Reverse vending machine for items to be recycled and reused Active 22-Sep-2022

GRIN Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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GRIN Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Strahl Capital PE/Buyout Minority
TheFactory Asset Manager Minority
Kickstart Innovation Accelerator/Incubator
Handelens Miljoefond Corporation
Startuplab Ventures Venture Capital Minority
To view GRIN’s complete investors history, request access »

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GRIN FAQs

  • When was GRIN founded?

    GRIN was founded in 2018.

  • Where is GRIN headquartered?

    GRIN is headquartered in Oslo, Norway.

  • What is the size of GRIN?

    GRIN has 23 total employees.

  • What industry is GRIN in?

    GRIN’s primary industry is Environmental Services (B2B).

  • Is GRIN a private or public company?

    GRIN is a Private company.

  • What is GRIN’s current revenue?

    The current revenue for GRIN is .

  • How much funding has GRIN raised over time?

    GRIN has raised $427K.

  • Who are GRIN’s investors?

    Strahl Capital, TheFactory, Kickstart Innovation, Handelens Miljoefond, and Startuplab Ventures have invested in GRIN.

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