23 Startups Receive IKEA-Funded Grant to Improve Bengaluru’s Circular Economy

23 Startups Receive IKEA-Funded Grant to Improve Bengaluru’s Circular Economy


Picture credit score – Edit.web

Not simply funds, startups get assist with technical help and higher market entry. Additionally they get help for enhancing useful resource effectivity and constructing scalable enterprise fashions. 

Lively since 2023, the three entities arrange the Circular Economy Innovation Cluster (CEIC) to strengthen Bengaluru’s innovation ecosystem “by connecting various actors who sometimes work in isolation.”

Among the many 23 startups, eight acquired an equity-free grant of $18,000 enabling the post-revenue ventures to scale their affect. They embody:

Angirus – Sustainable options to building bricks and paver blocks

Ecorenowa – Enhancing photo voltaic panel recycling effectivity via on-site denomination 

E-waste Social – Digital waste administration and traceability platform for e-waste

KOSHA – AI-driven options for improved textile waste recycling effectivity 

Inexperienced Adhaar – Software program-as-service platform for end-to-end waste administration and traceability

Inexperienced Goobe – Supplies non-toxic, environmentally protected cleansing merchandise in reused packaging

Reverse – Finish-to-end, closed-loop system for the reuse of glass and inflexible plastic packaging containers

UnWood – Sustainable options to hardwood-based building boards

Local weather KIC additionally helps current round economic system ventures in Bengaluru scale with a a lot greater grant of $98,000 every. The 7 ClimAccelerators embody:

Naked Requirements – Waterless options to traditional house care merchandise

CarbonCraft – Tiles that present a carbon-negative answer

R-Purchase Good Refill – Refill what you want – any amount, any time

Saahas Zero Waste – Reworking textile trash into treasure

Saving Grains – From spent grain to connoisseur acquire

Sunbird Straws – A consuming straw that gives a guilt-free Expertise

Wheedle – Rediscover pleasure with pre-loved treasures for teenagers

Pre-Incubator cohort with their mentors

ClimateKIC (www.climate-kic.org) additionally gives pre-incubator help with seed-funding, mentoring and market entry. Eight ventures acquired $1,000 every for analysis and prototyping.

Subscribe to SN E-newsletter










Source link