2030 Finance | April 29, 2019

Bintel raises early funding round to streamline Sweden’s waste collection

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, April 29 – Bintel is trying to improve residential waste in Sweden with a remote sensing device that helps municipalities plan waste collection routes. The company has closed €760,000 ($848,000) from Swedish venture capital firm Almi Invest and two private investors.

Bintel’s device affixes to garbage cans and automatically registers when waste bins are full. It then helps cities and towns map collection routes based on sites needing waste-pick up.

Bintel has completed a pilot program with the municipal government in its hometown of Helsingborg, in southern Sweden and recruited several customers in Sweden, EU Startups reports. The capital will be used to advance growth in the Nordic region.