14 million euros for Resourcify in Series A round
Hamburg-based startup Resourcify, provider of a platform for waste management and recycling, has received 14 million euros. The Series A financing round is led by Vorwerk Ventures, with Revent, Ananda Impact Ventures, Speedinvest, BonVenture and WEPA Ventures also participating.
Resourcify is already internationally successful
With this investment round, Resourcify aims to expand its software-as-a-service offering across multiple industries and solidify its international market leadership in Europe and the UK. The company will also continue to expand its sales team. In terms of content, the focus will remain on equipment and waste take-back programs that enable companies to meet their sustainability goals. Resourcify says it has already processed more than 500,000 tons of waste through its platform and plans to continue increasing CO2 savings for its customers and the environment. Its international customers include McDonald's and Johnson & Johnson, while in the German market, among others, Hornbach, REWE and Frankfurt Airport are to mention.
Waste is an urgent problem, especially for companies, as they need to improve their waste management and recycling. Resourcify supports them in this by digitising these processes. The startup's platform connects global companies with local recyclers to optimise sorting and recycling, streamline existing procedures, save hundreds of man-hours per customer and reduce overall costs.
