TURN Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 19

Employees

  • Latest Deal Type
  • M&A

TURN General Information

Description

Manufacturer of reusable bins and cups intended to eliminate single-use plastic. The company manufactures vending bins that leverage capture and reuse technology to accept cups specifically designed for disposal in those bins and reward people when they return the cup, enabling customers to reduce the impact of single-use plastic on the environment.

Contact Information

Website
www.turnus.in
Formerly Known As
Globelet
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 77 Ororke Road
  • Penrose
  • Auckland, 1061
  • New Zealand
+64 04
Primary Industry
Other Consumer Durables
Other Industries
Other Containers and Packaging
Environmental Services (B2B)
Parent Company
Vytal
Vertical(s)
LOHAS & Wellness, Manufacturing
Corporate Office
  • 77 Ororke Road
  • Penrose
  • Auckland, 1061
  • New Zealand
+64 04

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TURN Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 05-Dec-2024 Completed Generating Revenue
5. Later Stage VC (Series A) 25-Jul-2023 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Seed Round 01-Sep-2022 $100K Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2020 $100K $100K Completed Generating Revenue
To view TURN’s complete valuation and funding history, request access »

TURN Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 4

    Pending

  • Expiring in next 12 mo

TURN Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-D1000107-S1 Carrying case Active 05-Mar-2021
US-D1021543-S1 Cup Active 05-Mar-2021
AU-2022228468-A1 Methods, systems, and devices for reuse products, for reusing products, and product reuse promotion Pending 05-Mar-2021
EP-4302284-A2 Methods, systems, and devices for reuse products, for reusing products, and product reuse promotion Pending 05-Mar-2021
EP-4302284-A4 Methods, systems, and devices for reuse products, for reusing products, and product reuse promotion Pending 05-Mar-2021 G07F7/0609
To view TURN’s complete patent history, request access »

TURN 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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TURN Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
100+ Accelerator Accelerator/Incubator Minority
Bjarke Ingels Group Corporation Minority
Blue Catapult Partners Accelerator/Incubator Minority
Climate Capital Venture Capital Minority
Gaingels Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

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TURN FAQs

  • When was TURN founded?

    TURN was founded in 2012.

  • Where is TURN headquartered?

    TURN is headquartered in Auckland, New Zealand.

  • What is the size of TURN?

    TURN has 19 total employees.

  • What industry is TURN in?

    TURN’s primary industry is Other Consumer Durables.

  • Is TURN a private or public company?

    TURN is a Private company.

  • What is TURN’s current revenue?

    The current revenue for TURN is .

  • How much funding has TURN raised over time?

    TURN has raised $11.6M.

  • Who are TURN’s investors?

    100+ Accelerator, Bjarke Ingels Group, Blue Catapult Partners, Climate Capital, and Gaingels are 5 of 11 investors who have invested in TURN.

  • When was TURN acquired?

    TURN was acquired on 05-Dec-2024.

  • Who acquired TURN?

    TURN was acquired by Vytal.

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