Cyclothe

Building the Digital Deposit System for Textile

General Information
Company Name
Cyclothe
Founded Year
2023
Location (Offices)
Sweden +1
Founders / Decision Makers
Number of Employees
4
Industries
Waste Solution
Funding Stage
Non Equity Assistance
Social Media

Cyclothe - Company Profile

Cyclothe, a Stockholm-based clean-tech startup, is focused on addressing the global textile waste crisis. The company's mission is to provide innovative technology that digitalizes the collection, initial-sorting, and disposal of textile waste for Municipalities’ efficiency. The long-term vision of Cyclothe is to become the globally preferred technology partner in textile waste management. With a recent €400.00K Seed investment on 29th November 2024, Cyclothe secured backing from angel investors and the European Union. The startup's key offerings include scalable collection systems, transparent tracking, and AI-driven re-use sorting technologies, which aim to drive a circular and sustainable future in the Waste Solution industry. By combining advanced technology and a commitment to sustainability, Cyclothe is at the forefront of innovation in textile waste management, positioning itself as a promising investment opportunity for venture capitalists seeking to support impactful environmental solutions.

Taxonomy: CleanTech, Textile Waste Management, Circular Economy, Technology Innovation, Waste Disposal, AI-driven Sorting, Digitalization, Municipal Solutions

Funding Rounds & Investors of Cyclothe (2)

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Funding Stage Amount No. Investors Investors Date
Seed €400.00K 2 melek yatırımcı, Avrupa Birliği 29 Nov 2024
Non Equity Assistance Unknown 1 03 Mar 2023

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