Soba

Soba is a French company specializing in the design and manufacture of innovative removable bins and containers for various waste types, serving multiple sectors such as waste management and industry. Founded in 1995 in France, Soba focuses on the design and manufacturing of removable bins and containers. The company raised EUR 1. 5 million in the GROWTH funding round in June 2011 from M Capital, marking its only investment target.

Soba has maintained its core business strategy without any significant pivots. Soba specializes in the design, manufacture, and innovation of removable bins and containers, particularly focusing on Ampli roll bins for the transportation of various waste types. With over 20 years of expertise, the company provides a diverse range of products tailored to meet the needs of multiple sectors, including waste management, industry, agriculture, and automotive bodywork. Their offerings are equipped to handle both standard and customized demands.

The company's engineering department plays a crucial role in product development, ensuring alignment with evolving industry requirements. Soba's products cater to a clientele that includes waste management companies, industrial operators, and agricultural businesses. In 2011, Soba reported a revenue of EUR 7,408,500. The company generates income primarily through the sale of its removable bins and containers under a B2B model, focusing on direct sales to industrial clients and agricultural entities.

Transactions typically involve negotiated contracts based on product type and order quantity, including flagship offerings such as the Ampli roll bins. Soba plans to leverage the recent EUR 1. 5 million investment from MIDI Capital to enhance its product development efforts and expand its market presence. Upcoming products are being designed with a focus on innovation and customization to further cater to client needs.

The company is also targeting international markets for expansion, although specific regions and timelines have not been disclosed.