# Micvac

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/micvac

- Industry: Food
- Headquarters: Molndal, Sweden
- Website: www.micvac.com
- Total disclosed funding: $1M
- Latest round: Series A (Dec 10, 2001)
- Investors on record: 2

## About

Micvac specializes in advanced chilled ready meal technology, providing an integrated processing system that enhances efficiency in food production. Their innovative methods extend shelf life while maintaining meal quality.Founded in 2000 and headquartered in Molndal, Sweden, Micvac offers solutions for the food industry through its unique in-pack cooking technology. The company has previously engaged in a funding round, receiving SEK 10 million in Series A funding in December 2001, led by investors 3i and Industrifonden. Michael Bogdanski serves as the CEO.Micvac focuses on innovative chilled ready meal technology, utilizing an automated and continuous packaging and processing system tailored for food producers. The Micvac method allows for cooking, pasteurization, and vacuumization in one package, achieving over 45 days of shelf life without compromising taste or texture. This technology enhances production efficiency by reducing labor requirements by 50% compared to conventional methods, appealing to food manufacturers in Europe and North America.In the most recent fiscal year of 2022, Micvac reported revenue of SEK 8,144,141.30 and an EBITDA of SEK 449,379.60. The company generates income through B2B partnerships with food manufacturers and retailers, integrating its proprietary technologies like the Micvac FlexProcess® into production lines, ensuring operational efficiency and quality.Micvac's future growth strategy includes expanding its product offerings and penetrating new markets. The recent SEK 10 million Series A funding will support these initiatives. The company plans to enhance its technology for in-pack cooking and aims to enter additional geographical markets by 2024, focusing on addressing the growing demand for convenient meal solutions in both Europe and North America.

## Funding rounds

- Series A, Dec 10, 2001, $1M — 3i, Industrifonden

## Investors

- 3i (https://capitalatlas.ai/funds/3i) — Series A
- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Series A