Resourcify Raises €14 Million in Series A

by Kay Aloha Villamor in September 28th, 2023

Resourcify, a Hamburg, Germany-based startup operating in the waste management and recycling sector, raised €14 million in Series A funding.

SaaS Investors

The round was led by Vorwerk Ventures, with participation from Revent, Ananda Impact Ventures, Speedinvest, BonVenture, and WEPA Ventures.

Vorwerk Ventures is an independent € 150m Venture Capital Fund with € 400m under management. They invest in founders with sustainable business models that have a positive impact. Based in Berlin, Germany, the firm seeks to invest in the information technology, consumer products, and services sectors.

Resourcify Use of Funds

The company intends to use the investment to further enhance its SaaS offering in tandem with expanding its footprint across the UK and Continental Europe.

About Resourcify

Founded in 2015, Resourcify provides an all-in-one waste management and recycling platform that helps companies manage and improve recycling efforts. The service offers automated workflows that make recycling more efficient and transparent, increasing the mass a company can recycle while reducing costs. Resourcify's ultimate goal is to make it easier for any company to achieve zero-waste targets.

Funding Details

Company: Resourcify GmbH

Raised: €14.0M

Round: Series A

Funding Month: September 2023

Lead Investors: Vorwerk Ventures

Additional Investors: Revent, Ananda Impact Ventures, Speedinvest, BonVenture, and WEPA Ventures

Company Website: 

Software Category: Waste Management and Recycling 




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