Codland
Codland is committed to sustainability and creating new, innovative products from underutilized raw materials.
Launch date
Employees
Company register number 4407122070
Reykjavík Capital Region (HQ)
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | - | <1m | <1m | <1m | <1m | <1m | - |
| % growth | - | - | 30 % | (69 %) | (25 %) | (100 %) | - |
| Profit | (<1m) | (<1m) | <1m | (<1m) | (<1m) | (<1m) | (<1m) |
| % profit margin | - | (10 %) | 10 % | (328 %) | (73 %) | (6628 %) | - |
| R&D budget | - | <1m | <1m | <1m | <1m | <1m | - |
| R&D % of revenue | - | 105 % | 108 % | 86 % | 104 % | 103 % | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Grant | ||
ISK75.0m | Seed | ||
N/A | Grant | ||
| Total Funding | €600k | ||
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