Enevo Ltd, an Espoo, Finland-based developer of waste management logistics optimization systems based on wireless sensors and data analytics, completed a €2m funding round.
The company intends to use the funds to start worldwide deliveries.
Led by Fredrik Kekäläinen, Chief Executive Officer and Co-founder, Enevo provides waste management companies with wireless sensors that monitor waste container fill levels in real time.
The fill level data is gathered and analyzed in order to calculate optimal collection schedules and routes for waste collection fleets.
Customers include several private and municipal waste management organizations.