Company type | Private |
---|---|
Industry | Personal care, health and beauty |
Founded | August 1, 2016 in Copenhagen, Denmark [1] |
Founders | Isabel Aagaard, Nicolas Aagaard, Kåre Frandsen [2] |
Headquarters | , Denmark |
Area served | World |
Key people | Kristian Pitzner-Jørgensen (CEO) [3] |
Products | Reusable alternatives to cotton swabs, tissue paper, protective masks [4] |
1,619,895 kr. [1] (2019) | |
Total assets | 2,793,064 kr. [1] (2019) |
Website | lastobject |
LastObject is a Danish manufacturing company, based in Copenhagen that sells sustainable products online and in retail globally. Having been launched in 2016, it launches new products through crowdfunding campaigns on Kickstarter and Indiegogo. The company is best known for producing LastSwab, a reusable cotton swab.
LastObject was established in 2016 in Copenhagen by Isabel Aagaard, her brother Nicolas Aagaard, and Kåre Frandsen. [2] [5] Aagaards come from the family that owns Danish jewelry company Troldekugler , known for Trollbeads collection. [6]
Isabel Aagaard and her partners researched ocean pollutants and realised that cotton swabs were one of the most significant. [2] [7] In 2018, they came up with a reusable cotton swab named LastSwab. [2] It was launched in April 2019, [8] and in May the company started a crowdfunding campaign on Kickstarter. [9] [10] LastObject raised over $700,000 from more than 19,000 backers. [11] [12] It then raised more than 1 million euro from over 30,000 backers on Indiegogo. [13]
In January 2020, the firm started crowdfunding campaigns for LastTissue, a reusable handkerchiefs. [14] [15] In September 2020, the company launched LastRound, recyclable cotton pads, on Kickstarter. [16] In February 2020, Isabel Aagaard pitched this project to investors on the Danish TV show Løvens Hule ("Lions' Den"), but rejected the offer. [17] [18] [3]
In October 2020, the firm introduced LastMask kit to help fight COVID-19 waste. [19] [2] Also in October the firm’s LastSwab product was selected for the Beazley Designs of the Year exhibition at Design Museum (London). [20] [21] In November, the brand partnered with the Plastic Bank, a Canadian for-profit social enterprise that builds recycling ecosystems in under-developed communities, taking part in Green November initiative. [2] In April 2021, the company received 6 million krones ($980,000) in seed funding from the Danish Green Investment Fund (Danmarks Grønne Investeringsfond). [22]
As of January 2021, the company had 4 products: LastSwab (reusable cotton swab), LastTissue (reusable tissue), [15] LastRound (facial pads), [23] and LastMask (face mask & spray kit). [2] It is best known for producing LastSwab, [24] [25] which gained increased media attention in October 2020, when the British Department for Environment, Food and Rural Affairs banned single-use plastic straws, cotton buds and stirrers. [26]
Over the years LastObject filed multiple cases of trademark infringement against third-party copies of their products. According to the Danish Patent and Trademark Office, as of December 2020, the firm was successful in having copies removed from more than 8,000 websites. [27]
Cotton swabs or cotton buds are wads of cotton wrapped around a short rod made of wood, rolled paper, or plastic. They are most commonly used for ear cleaning, although this is not recommended by physicians. Other uses for cotton swabs include first aid, cosmetics application, cleaning, infant care and crafts. Some countries have banned the plastic-stemmed versions in favor of biodegradable alternatives over concerns about marine pollution.
inXile Entertainment, Inc. is an American video game developer and a studio of Xbox Game Studios based in Tustin, California. Specializing in role-playing video games, inXile was founded in 2002 by Interplay co-founder Brian Fargo. The studio produced the fantasy games The Bard's Tale and Hunted: The Demon's Forge, along with various games for Flash and iOS such as Fantastic Contraption in its first decade of development. In 2014, inXile released the post-apocalyptic game Wasteland 2, following a successful Kickstarter campaign. Following the game's critical success, the studio went on to raise a then-record US$4 million on Kickstarter to develop Torment: Tides of Numenera, a spiritual successor to Interplay's Planescape: Torment. The studio was purchased by Microsoft and became part of Xbox Game Studios in 2018, just as they were developing Wasteland 3, which they released in 2020. The studio is currently developing Clockwork Revolution for Windows and Xbox Series X/S.
A disposable is a product designed for a single use after which it is recycled or is disposed as solid waste. The term is also sometimes used for products that may last several months to distinguish from similar products that last indefinitely. The word "disposables" is not to be confused with the word "consumables", which is widely used in the mechanical world. For example, welders consider welding rods, tips, nozzles, gas, etc. to be "consumables", as they last only a certain amount of time before needing to be replaced. Consumables are needed for a process to take place, such as inks for printing and welding rods for welding, while disposable products are items that can be discarded after they become damaged or are no longer useful.
Textile recycling is the process of recovering fiber, yarn, or fabric and reprocessing the material into new, useful products. Textile waste is split into pre-consumer and post-consumer waste and is sorted into five different categories derived from a pyramid model. Textiles can be either reused or mechanically/chemically recycled.
Kickstarter, PBC is an American public benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative projects to life". As of February 2023, Kickstarter has received US$7 billion in pledges from 21.7 million backers to fund 233,626 projects, such as films, music, stage shows, comics, journalism, video games, board games, technology, publishing, and food-related projects.
PledgeMusic was an online direct-to-fan music platform, launched in August 2009. It was started to facilitate musicians looking to pre-sell, market, and distribute projects; such as recordings and concerts. It bore similarities to other artist payment platforms as ArtistShare, Kickstarter, Indiegogo, Patreon, RocketHub and Sellaband.
Broken Age is a point-and-click adventure video game developed and published by Double Fine. Broken Age was game director Tim Schafer's first return to the genre since 1998's Grim Fandango, and was released for Microsoft Windows, macOS, Linux, iOS, Android, PlayStation 4, PlayStation Vita, and Xbox One platforms. The game was developed in two acts; the first was released on January 28, 2014, and the second was released on April 28, 2015. A retail version of the complete game for Windows, macOS, and Linux, published by Nordic Games, was released on April 28, 2015. A Nintendo Switch version was released on September 13, 2018.
Video game development has typically been funded by large publishing companies or are alternatively paid for mostly by the developers themselves as independent titles. Other funding may come from government incentives or from private funding.
Solar Mosaic is a clean energy fin-tech company based in Oakland, California. Founded in 2010, Mosaic created its initial business model using crowdfunding principals to offer loans for commercial solar development projects. After shifting its model in 2014, Mosaic is now focused on financing residential solar projects by leveraging third party capital partners. Through this model, the company aims to democratize the social and environmental benefits of clean energy.
Formlabs is a 3D printing technology developer and manufacturer. The Somerville, Massachusetts-based company was founded in September 2011 by three MIT Media Lab students. The company develops and manufactures 3D printers and related software and consumables. It is most known for raising nearly $3 million in a Kickstarter campaign and creating the Form 1, Form 1+, Form 2, Form Cell, Form 3, Form 3L, Fuse 1, Fuse 1+ and Form Auto stereolithography and selective laser sintering 3D printers and accessories.
The Coolest Cooler was a multi-function cooler that was initially funded through the crowdfunding website Kickstarter. In the summer of 2014, Ryan Grepper raised over $13 million, making it the most funded Kickstarter campaign of 2014. In December 2019, the company announced that it was closing, with over 20,000 of the 62,642 original backers never receiving a cooler. The project came to be regarded as Kickstarter's largest failure.
Nanoleaf is a consumer electronics company specialising in LED lighting. The limited company was founded in 2012 by three engineers, and launched its first two products with crowdfunding campaigns on Kickstarter.
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$34 billion was raised worldwide by crowdfunding.
Simon Tian is a Canadian businessman, inventor, entrepreneur and investor. He is the founder and chief executive officer (CEO) of Fonus and Neptune. Born and raised in Montreal, Canada, Tian dropped out of pre-university college at the age of 17 to start Neptune, and, as of late 2017, has raised around $7 million from private investors as well as a total of more than $2 million from crowdfunding sources alone. Tian is a 2015 Thiel Fellow, having been awarded $100,000 by PayPal co-founder and venture capitalist Peter Thiel through the Thiel Foundation, and was named one of the top 30 Quebecers under 30 by Les Affaires in 2014.
Alexandra Daly is an American crowdfunding consultant and author.
Anova Culinary, officially known as Anova Applied Electronics, Inc., is a company headquartered in San Francisco that specializes in smart kitchen appliances designed for home cooking. Their product range includes devices such as sous-vide cookers, combination ovens, and vacuum sealers. In 2014, Anova introduced the Anova Precision Cooker, the first sous-vide cooking device with Bluetooth connectivity, followed by a Wi-Fi-enabled version in 2015.
Chronicles of Elyria is a planned massively multiplayer online role-playing game for Microsoft Windows that has been in development by Soulbound Studios since 2016. Production started after an initially successful crowdfunding campaign on Kickstarter that raised $1.3 million. The studio subsequently raised an additional $7.7m via their website. The game was originally marked for an estimated December 2017 release, but this target was not met and nor have any subsequent timelines. In 2020 the studio announced that it would close, and laid-off of all of its staff. It subsequently reopened later the same year.
Orbital Express Launch Ltd., or Orbex, is a United Kingdom-based aerospace company that is developing a small commercial orbital rocket called Prime. Orbex is headquartered in Forres, Moray, in Scotland and has subsidiaries in Denmark and Germany. Its future launch complex, Sutherland spaceport, is being built on the A' Mhòine peninsula in the county of Sutherland, northern Scotland.
Crowd Cow is an American online meat delivery marketplace. It connects fisheries and ranchers who raise livestock with consumers who want to buy meat.