IKEA

Nilo is a plastic recycling startup that repurposes plastic trash into something useful and valuable, giving plastic waste a value.

nyris GmbH is a Berlin-based company that specializes in developing a visual search platform designed to enhance product discovery by allowing users to search for items using images and videos. Established in 2015, nyris employs advanced technologies such as artificial intelligence and neural networks to deliver search results in under one second. This innovative platform serves a diverse clientele across various sectors, including retail and e-commerce, industrial and manufacturing, media and entertainment, and financial services. By facilitating a more intuitive search experience, nyris helps organizations improve efficiency and reduce friction associated with traditional text-based search methods. The company operates additional locations in Dusseldorf and has established a global presence, serving customers in over 50 countries.

Geomagical Labs Inc. is a technology company founded in 2016 and headquartered in Mountain View, California. It specializes in developing software that utilizes artificial intelligence and three-dimensional scanning technology to enhance interior design. The company offers a platform that allows users to create digital twins of their living spaces using a smartphone, enabling them to interactively explore and visualize home furnishing options in real time. As of April 2020, Geomagical Labs operates as a subsidiary of IKEA A/S, aligning its mission to inspire individuals in their home design endeavors.

Optoro, Inc. is a provider of a reverse logistics platform that specializes in managing distressed inventory for retailers, manufacturers, and third-party providers. Founded in 2004 and based in Washington, D.C., with an additional location in Mt. Juliet, Tennessee, the company offers asset recovery solutions that include direct-to-consumer remarketing of customer returns, overstock, discontinued products, and refurbished items through various online channels. Optoro's software-as-a-service (SaaS) platform features a returns management system that manages the entire returns lifecycle, from initiation to resale, integrating customer-facing channels with back-end operational systems. The company also provides inventory management services, which encompass warehousing, fulfillment, inspection, testing, and eco-friendly disposal, as well as asset maximization services that utilize data analytics for multi-channel remarketing and reporting. With a focus on enhancing recovery and minimizing environmental waste, Optoro serves clients both in the United States and internationally.

Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.

Livspace is an interior design startup that connects customers with designers, services, and products through its online platform. Founded in 2014 by Anuj Srivastava and Ramakant Sharma, the company specializes in providing end-to-end home interior services, enabling homeowners to discover and personalize a wide range of interior designs for various rooms. Livspace's proprietary design-to-installation platform, launched in 2016, aims to enhance the customer experience by streamlining the renovation process, from initial design concepts to final installation. This comprehensive approach allows customers to efficiently upgrade their homes with tailored solutions, making Livspace a key player in the home décor industry.

Traemand Group is a kitchen service company based in Englewood, Colorado, specializing in modular home furnishing and kitchen planning services. The company provides comprehensive solutions that include the design, measurement, and installation of kitchen spaces. Traemand offers application-enabled modular kitchen equipment constructed from wood and stainless steel, which is designed to enhance energy efficiency by ensuring kitchens remain insulated, smoke-free, and oil-free. Their services cater to both homeowners and housing project developers, facilitating the creation of functional and modern kitchens.

Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products at discounted prices. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company addresses the issue of food waste by offering items that may otherwise be discarded due to packaging changes, approaching expiration dates, or other factors. Matsmart has successfully expanded its operations to Norway and Finland, achieving significant growth in the process, with recurring revenues reaching SEK 200 million. In 2017 alone, the company managed to save 2,022 tonnes of food from being wasted, providing suppliers with a viable outlet for their surplus inventory while promoting sustainability in the grocery sector.

Spruce Power is a U.S.-based company that owns and operates distributed solar energy assets. It provides subscription-based services, making renewable energy accessible to over 52,000 customers nationwide. Spruce generates revenue primarily through selling electricity generated by its home solar systems to customers, third-party contracts for solar renewable energy credits (SRECs), and servicing these agreements.

TaskRabbit, Inc. is an online platform that connects clients with taskers for same-day home services. Founded in 2008 and based in San Francisco, California, TaskRabbit offers a variety of services including minor home repairs, furniture assembly, moving, house cleaning, and yard work. The platform allows users to easily book freelance labor for everyday tasks, facilitating immediate assistance within their local communities. TaskRabbit operates in thousands of cities across nine countries, including the United States, Canada, and several European nations, and is available in over 200 IKEA stores worldwide. In 2017, the company became a subsidiary of Ingka Group, which is part of the IKEA family.