SAAS, MOBILE APP, WEB APP, PAYMENT
Business Model: B2C
Revenue: $0
Employees: 1-10
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TRASHCOIN is a digital recycling technology that improves citizen engagement in recycling, to drive operational efficiencies and increase transparency in the supply chain. With our mobile app, Users can search for the closest recycling or collection station, take their plastic bottles to them, and get paid. They have the option to exchange their earnings for cash, for mobile Airtime/Data, pay for electricity and PayTv subscriptions, or pay for University Entrance examination fees. Recycling companies can register their business locations on our web platform and be seen by users who live nearby. They get to receive very clean PET bottles that improve the quality of their feedstock and eliminate the logistics and transportation costs involved in visiting households and dumpsites to purchase filthy PET bottles. Our system ensures they have a proper inventory system to track their recycling activities and generate valuable Data. Our Recycling as a Business solution also allows individuals with start-up capital as low as 10,000 Naira ($25) to register as collectors/aggregators, receive bottles from users, and resell the bottles to recycling companies to make up to 20% profit margin monthly. Our system isn’t limited to plastic collection alone, we also facilitate the recycling of other recyclables like Aluminium cans, bottles, Cartons, cardboard, papers, Nylon, Metal, Electronic waste, and car batteries.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2022 | Pre Seed Round | 1 | $15k |
Business Angels Club Berlin-Brandenburg e.V. Business Angels Club Berlin-Brandenburg e.V. |
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