Encora

Encora is a revolutionary app-based reusable container service aimed at addressing the global issue of waste management. Their innovative technology utilizes app-based software, smart collection bins, RFID/QR code technology, and robotics to facilitate the reusability of containers. This groundbreaking approach is set to significantly reduce the environmental impact of single-use food and beverage containers. Encora's solution targets a pressing problem; the world generates 264 million tons of trash annually, with a meager 14% being recycled. This poses a significant challenge for waste management, particularly in high-traffic settings such as airports, campuses, and business hubs. With Encora, users can effortlessly order food, check out their containers using the mobile app, and conveniently deposit them at smart collection drop stations. Moreover, their system encourages sustainable choices by rewarding users for opting for reusable containers. After collection, the containers undergo commercial washing to ensure adherence to strict safety and health standards. The containers can be reused up to a thousand times, thus dramatically reducing waste accumulation. A notable achievement for Encora was its successful participation in the 2020 SAN Innovation Lab at the San Diego International Airport, sparking contract negotiations for their services. Additionally, their recognition through the Jones Progress Awards and the Clean Tech Open attests to their potential for disruption in the waste reduction sector. Founded in 2018 and based in the United States, Encora secured a Pre Seed Round investment on 30 May 2023 from Los Angeles Cleantech Incubator, signifying increasing investor interest and support for their groundbreaking approach. This positions Encora as a compelling investment opportunity at the intersection of technology and sustainability.