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S.Lab

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Offers an efficient and cost-saving end to end transportation services and next-generation smart delivery box

Gangneung, South KoreaFounded 2014Transportation
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for S.Lab and the history behind them.

About S.Lab

S.Lab, a Ukrainian startup founded in 2020, is addressing plastic pollution by creating biodegradable packaging from agricultural waste and mushroom mycelium. The company was co-founded by Julia Bialetska (CEO) and Eugene Tomilin (CTO). The inspiration for S.Lab came during a trip to Bali in 2017, where the founders witnessed the extent of plastic pollution on the beaches, motivating them to find a sustainable alternative. Bialetska has a background in biotechnology and over a decade of experience in project and product management, while Tomilin is a serial entrepreneur with experience in automating production lines.

The company has developed a proprietary technology to produce a material that serves as an alternative to expanded polystyrene (styrofoam). This material is created by combining hemp stalks with mycelium, the root structure of mushrooms, which acts as a natural binder. The resulting packaging is fully biodegradable, decomposing in soil within 30-45 days. A key feature of their manufacturing process is a robotic system that shapes the material, eliminating the need for single-use plastic molds and allowing for custom shapes and sizes. The product is also waterproof and provides thermal insulation, making it suitable for various applications.

S.Lab operates on a business-to-business model, providing custom packaging solutions for a range of industries, including cosmetics, personal care, luxury fashion, jewelry, and electronics. The company serves both Ukrainian and European clients, with a significant portion of its sales coming from the EU. Having faced challenges, including the outbreak of war in Ukraine which forced a temporary relocation to Spain, the company has shown resilience. S.Lab has secured funding from various sources, including an initial personal investment of $40-50,000 from the founders, €80,000 from the Startup Wise Guys accelerator in 2022, a €700,000 pre-seed round in 2023 from investors like Vesna Capital and ZAS Ventures, and $100,000 in equity-free funding from the Google for Startups Ukraine Support Fund.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Gangneung, South Korea
Employees
9
Open positions
None listed
Dealroom signal
64.4/100
Industry
Transportation
Sub-industry
Logistics & Delivery
Sector
Transportation, Woman Founder
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Dec 2021 $19M $76M UTC Investment · Nice Investment Partners —
SERIES A✓Equity / VC Feb 2020 $1.7M $6.7M TBT · We Ventures · Honest Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

S.Lab website traffic

Latest recorded traffic for S.Lab is 250 monthly website visits, down 7.4% over the last three months. S.Lab's team grew 0% over the past year.

Latest monthly visits250 3-month web change-7.4% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • TBT
  • We Ventures
  • Honest Ventures
  • UTC Investment
  • Nice Investment Partners

Other known investors1 additional known investor

  • Unreasonable Group
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Gangneung HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about S.Lab on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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