# Revive Eco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/revive-eco

- Industry: Environmental Services
- Headquarters: UK
- Website: www.revive-eco.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Nov 29, 2022)
- Investors on record: 3

## About

Founded in 2015 by Fergus Moore and Scott Kennedy, and based in Germany, Revive Eco Ltd. recycles abandoned waste materials to create alternatives to create high-value products and ingredients that can be used in various industries. In December 2022, Revive Eco Ltd. raised GBP 375,000 in seed funding led by new investor Gabriel Investments Ltd. The firm’s supporters include Zero Waste Scotland, Business Gateway, Scottish Enterprise, etc. 

Revive Eco extracts high-value, natural chemicals from coffee grounds to produce a palm oil substitute that can be used in the cosmetics, home cleaning, pharmaceutical, and food and beverage industries.

The company intends to use the December 2022 funding to support its product commercialization on the market.

## Funding rounds

- Seed, Nov 29, 2022, $0.5M — University of Strathclyde, Scottish Enterprise, Gabriel Investments Ltd.

## Investors

- University of Strathclyde — Seed
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Seed
- Gabriel Investments Ltd. — Seed