Resourcify GmbH, a Hamburg, Germany-based cloud platform for digital waste management, raises €1M in funding.
Backers included High-Tech Gründerfonds and the Innovationsstarter Fonds Hamburg.
The company intends to use the funds to further strengthen its position in the digitization of recycling and waste management.
Led by Gary Lewis, CEO, Resourcify provides the Mein Recycling app, a cloud platform for digital waste management, which enables businesses to manage their waste, and recyclers to connect with their customers online.
Launched publicly in September 2017, the app has been used by businesses of every size and industry, from freelance tradesmen to DAX-listed organizations.