Motatos
Grocery Retail · Sweden · 51-200 Employees
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Overview
Headquarters
Östgötagatan 12, Stockholm, Stockholm, 1...Phone Number
+46 108848815Website
www.motatos.comRevenue
$18.3 MillionIndustry
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Private Equity
$5M
Private Equity
$3.5M
Private Equity
$8.8M
Series C
$109M
Motatos Tech Stack
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Motatos News & Media
Matsmart-Motatos' consolidated results in 2023: Turnover of over 1 billion SEK with improved cash flow
On 30 May 2024, the annual and sustainability report for 2023 was adopted by the Annual General Meeting with shareholders. Growth during the year was 17 per cent and the transition to profitability has taken effect. Below is a summary of the highlights of the year. Jan - Dec 2023 financial key figures · The Group's turnover totalled SEK 1043 million, an increase of 17% (23%) compared with 2022 (SEK 889 million). oMatsmart-Motatos closes oversubscribed capital round led by circular specialist investor Circularity Capital
Matsmart-Motatos, the leading European D2C e-commerce retailer of overstock dry foods and consumer products, has announced the successful completion of a €40m growth capital round led by Circularity Capital, with additional support from existing shareholders. The capital raised will primarily be used to grow the business in the German and Nordic regions. As the automation of the Nordic warehouse has driven increased operational capacity and efficiency, Matsmart-Motatos now plans to replicate simMotatos' fight against global food waste: An inside look [Advertorial]
Motatos, the online discount supermarket selling food that would otherwise go to waste, has been changing the food retail game since 2014. By extending its operations beyond the Nordics into regions l...Peter Beckius steps up as sole CEO at Matsmart-Motatos
Peter Beckius, ex GANT and H&M, who since close to two years has shared the CEO role at Matsmart-Motatos with founder Karl Andersson now assumes full responsibility for the group. Karl Andersson will continue working operatively focusing on supporting the Management Team, as he also moves on to take a seat in the Board of Directors. Matsmart-Motatos, the Swedish-based D2C e-commerce business tackling global food waste, sells food and consumer products at low prices to
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Frequently Asked Questions Regarding Motatos
Motatos supports the sustainable reform of the world's food system. We're a different kind of food store; an e-commerce bringing together heroes to shape a waste-free, healthy and connected future of food. Since the founding year 2014, Motatos has successfully entered four European markets and together, our customers have saved over 40 000 tonnes o... Read More