# eureciclo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eureciclo

- Industry: Environmental Services
- Headquarters: Sao Paulo, Brazil
- Website: www.eureciclo.com.br
- Total disclosed funding: $25M
- Latest round: Series B (May 1, 2022)
- Investors on record: 6

## About

Based in Brazil, New Hope Ecotech, aka eureciclo was founded by two MBA student graduated from the Northwestern Kellogg School of Management, Thiago and Luciana Oliveira, to commercialize the recycle of solid waste in Brazil market. Since its establishment, the company was recognized with awards by organizations including Google, Northwestern Kellogg School of Management, Blackbox Connect 20, and Unilever. In 2020, the company started to develop its publicity by partnering with Daniela Klaiman, a CEO of a public relation agency. In 2021, the company expanded its partnership with 125 associations and federations to maintain the work force.

eureciclo provides solutions for recycling solid waste, with its business focuses on Brazil. The company offers consultancy service to over 6,700 brands across Brazil, offering solutions for these brands to transform the recycling chain. As of 2021, the company has come up with the plan to compensate over 400 thousands tons of wastes.

## Funding rounds

- Series B, May 1, 2022, $20M — Oria Capital, Redpoint eVentures, Tera Capital, Rise Life-Centered Investments, Scale-Up Ventures
- Series A, Sep 11, 2020, $4.7M — Redpoint eVentures
- Seed, Jul 1, 2018 — Grao

## Investors

- Grao (https://capitalatlas.ai/funds/grao) — Seed
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Series A, Series B
- Oria Capital (https://capitalatlas.ai/funds/oria-capital) — Series B
- Tera Capital — Series B
- Rise Life-Centered Investments (https://capitalatlas.ai/funds/rise-life-centered-investments) — Series B
- Scale-Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures-2) — Series B