# SkyCell

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

- Industry: Packaging
- Headquarters: Zug, Switzerland
- Website: www.skycell.ch
- Total disclosed funding: $59M
- Latest round: Series D (Jun 25, 2024)
- Investors on record: 5

## About

SkyCell AG, based in Switzerland, specializes in designing innovative supply chain solutions, particularly hybrid containers and IoT loggers that ensure zero product loss during transportation for the pharmaceutical and life sciences sectors.SkyCell AG, founded in 2013 in Zug, Switzerland, develops advanced logistics solutions focused on temperature-sensitive products. The company has engaged in 9 deals, with its most recent funding round being a Series D on June 25, 2024, raising USD 59.00 mn from investors including CC Industries and Tybourne Capital Management, bringing the total amount raised to USD 59.00 mn. The current company valuation stands at USD 635.00 mn. The founders, Nico Ros and Richard Ettl, have previous entrepreneurial experience, while Jorge de la O serves as CEO.SkyCell specializes in the development and distribution of innovative supply chain solutions, primarily focusing on hybrid containers and IoT loggers designed to ensure zero product loss during transportation. Their flagship offering, SkyCell hybrid containers, are engineered for maximum reliability, efficiency, and sustainability, serving the pharmaceutical and life sciences sectors by transporting temperature-sensitive products. Accompanying these containers are SkyCell IoT loggers, which provide continuous monitoring by delivering real-time tracking, trajectory visualization, and instant alerts to clients. These products are utilized by pharmaceutical companies, logistics providers, and healthcare organizations across multiple geographical markets, including Europe, North America, and Asia, where the demand for secure and efficient transport of sensitive goods is paramount.SkyCell's revenue generation model centers on B2B transactions with pharmaceutical companies and logistics providers, leveraging long-term partnerships to deliver tailored supply chain solutions. Clients engage with SkyCell typically through contractual agreements that may involve a subscription model for ongoing service use or direct purchase of hybrid containers and IoT loggers. Revenue is generated from both the sale of individual products and service agreements, ensuring comprehensive support for monitoring and transporting sensitive goods. Specific pricing structures for products and services are integral to the revenue model, with clients likely entering into partnerships that encompass maintenance and updates to the tracking software, SkyMind, as part of the overall service package. These structured agreements enhance customer loyalty and align with industry standards in the life sciences sector.In June 2024, SkyCell AG raised USD 59.00 mn in Series D funding as part of a larger USD 116.00 mn round, aimed at supporting its global expansion, particularly into the US and Asia. The company plans to utilize these funds to develop new products while actively pursuing market penetration in these regions. Specific product launches and enhancements are expected to further solidify its presence in the logistics sector for temperature-sensitive products.

## Funding rounds

- Series D, Jun 25, 2024, $59M — CC Industries, Tybourne Capital Management
- Series C, Oct 10, 2021 — SHUAA Capital, Mobiliar Asset Management, DisruptAD

## Investors

- SHUAA Capital — Series C
- Mobiliar Asset Management — Series C
- DisruptAD (https://capitalatlas.ai/funds/disruptad) — Series C
- CC Industries — Series D
- Tybourne Capital Management (https://capitalatlas.ai/funds/tybourne-capital-management) — Series D