Ingka Group

What they do

Ingka Group (Ingka Holding B.V. and its controlled entities) is one of 11 different groups of companies that own and operate IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. Ingka Group has three business areas: IKEA Retail, Ingka Investments, and Ingka Centres. It is the world’s largest home furnishing retailer operating 367 IKEA stores in 30 markets. These IKEA stores had 838 million visits during FY18 and 2.35 billion visits to www.ikea.com. Ingka Group operates the business under the IKEA vision to create a better everyday life for many people by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them.

What they look for

Ingka Investments invests to "future-proof" the IKEA business. Their strategy focuses on companies that can transform retail, fix logistics, enable circularity, or provide clean energy solutions. They look for companies that can digitalize the customer experience, improve store operations, solve last-mile delivery, recycle materials, or develop deep tech for energy storage and sustainable raw materials. Every investment must generate financial returns and support IKEA’s sustainability or retail goals.

Stage

Pre-seed, Seed, Series A, Series B+

Sectors

Consumer, SaaS, Mobility and logistics, Fintech, Climate, Deeptech, Food and agriculture, Proptech

Based

Leiden, NL