# Re-circula Solutions SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/re-circula-solutions-sl

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.recirculasolutions.com
- Latest round: Seed (Jul 2, 2021)
- Investors on record: 1

## About

Re-circula Solutions SL specializes in AI-driven recycling solutions, enhancing waste management efficiency through innovative products that promote sustainable practices and improve recycling rates across various sectors.Re-circula Solutions SL, founded in 2017, is based in Barcelona, Spain. The company focuses on developing advanced recycling technologies. The founder, Miquel Solsona, has a history of driving innovation in sustainability. Re-circula Solutions has raised funding, with its most recent investment occurring on July 2, 2021, when it secured SEED funding from EIT InnoEnergy.Re-circula Solutions SL offers pioneering AI-powered recycling solutions, including the RecySmart Ring and RecySmart Bin. These products transform recycling into an engaging experience by rewarding users and collecting real-time data on recycling habits. Their solutions cater to municipalities and businesses across eleven countries, addressing inefficiencies in waste management and enhancing packaging recovery rates.In the most recent fiscal year of 2022, Re-circula Solutions SL reported a revenue of USD 12,072.70, accompanied by an EBITDA loss of USD 489,335.20.Re-circula Solutions SL intends to expand its product offerings with new innovations set to launch in the coming years. Additionally, the company is looking to enter new markets, specifically targeting growth in European and Latin American regions by 2024. The SEED funding raised in July 2021 will be allocated towards research and development of new products, enhancing their technology, and facilitating market expansion efforts.

## Funding rounds

- Seed, Jul 2, 2021 — InnoEnergy

## Investors

- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Seed