SkyCell

SkyCell

Developed the next generation of temperature controlled logistics containers for the pharmaceutical industry. Learn more
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$62.0m

Late VC

$34.8m

Valuation: $310m

Series C
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Late VC
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$57.0m

Series D
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$59.0m

Series D
Total Funding€193m

Recent News about SkyCell

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SkyCell is a Swiss-based startup that specializes in the safe and efficient transportation of temperature-sensitive goods. Their primary offering is a hybrid container, the 1500X, which is designed to be stronger, lighter, and more energy-efficient than traditional containers. These containers are equipped with IoT monitoring services, providing real-time data and ensuring the safety of the goods inside.

SkyCell operates in the global supply chain market, serving clients who need to transport temperature-sensitive goods such as pharmaceuticals. The company has a network of 283 destinations worldwide, partnering with selected companies to ensure product protection at the highest level.

The business model of SkyCell is based on providing both hardware (the hybrid containers) and software solutions (IoT monitoring service) to its clients. The company generates revenue by leasing these containers to clients and providing the monitoring service.

In addition to its core business, SkyCell is also committed to sustainability. Their solutions are designed to reduce landfill and cut CO2 emissions by up to 50%, aligning with global efforts to combat climate change.

Recently, SkyCell secured a $57 million funding round in partnership with Catalyst, M&G Investments' $6 billion fund, marking a significant development in its growth trajectory.

Keywords: Supply Chain, Temperature-Sensitive Goods, Hybrid Containers, IoT Monitoring, Global Network, Sustainability, CO2 Emissions Reduction, Pharmaceutical Transport, Strategic Partnerships, Funding.

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