# Octopus Waste Management PTE.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/octopus-waste-management-pte

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.octopus.co.id
- Total disclosed funding: $5M
- Latest round: Seed (Jul 4, 2022)
- Investors on record: 2

## About

Based in Jakarta, Indonesia, and founded in 2019, Octopus Waste Management PTE. LTD, doing business as Octopus is a startup company that develops and offers a reverse-logistics platform to producers, and brands, allowing them to collect waste from verified local waste stakeholders. In August 2021, the company raised seed funding from new investor SOSV, and as of February 2022, Octopus Waste Management PTE. LTD is being led by Moehammad Ichsan, as its Chief Executive Officer.

The company offers a circular economy technology platform, powered by Artificial Intelligence (AI), that allows various manufacturers and brands to monitor and collect their post-consumer goods for upcycling, as well as to pay the verified local waste stakeholders directly through the platform.

## Funding rounds

- Seed, Jul 4, 2022, $5M — SOSV, Openspace Capital
- Seed, Dec 21, 2021 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Seed