Pelican BioThermal
Private Company
Total funding raised: $45M
Overview
Pelican BioThermal is a leading cold chain logistics company that designs, manufactures, and leases thermal packaging solutions for the pharmaceutical and life sciences sectors. Founded in 2005 and headquartered in Minneapolis, it serves clinical trials, commercial pharmaceutical distribution, and emergency response markets with a focus on reliability, innovation, and sustainability. The company operates a services-oriented business model offering outright purchase, rental, and lease options, positioning it as a critical infrastructure partner for the global biopharma supply chain.
Technology Platform
Design and manufacturing of passive thermal packaging systems using vacuum-insulated panels (VIPs), phase change materials, and durable outer shells for temperature-controlled logistics. Offers reusable and single-use parcel and bulk shippers.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Operates in a competitive market with players like Sonoco ThermoSafe, Softbox, and others offering passive shippers, and companies like Envirotainer in active containers. Differentiation is achieved through product durability (Pelican heritage), a full service model (rent/lease/buy), and a focus on innovation (Credo Vault) and sustainability.