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Matsmart
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Seller of soon-to-expire groceries in Sweden

Founded in 2012
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Company type Private Public ()
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Industry Group agriculture & food

Sector food waste

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Sweden Stockholm, Sweden
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Updated by Hattie Partner at on 01/27/2025

Edited by Cleantech Group on 01/29/2025

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Date Investors Type Amount
11/01/2021 Blume Equity Blume Equity , SEB Venture Capital SEB Venture Capital , Novax Novax , Northzone Ventures Northzone Ventures , Norrsken VC Norrsken VC , LeadX Capital Partners LeadX Capital Partners , Ingka Group Ingka Group , Gullspång Invest Gullspång Invest (8)
Post-money valuation of
Instead of competing with companies with same or next-day deliveries, Motatos focuses on dried foods such as oats and rice that are either in excess or getting close to the expiry date at producers like Nestlé and Unilever. Goods like cooking sauces, jams and even hygiene products are also available, all of which would otherwise end up in landfill.
Growth Equity $27,000,000
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