Envetec is a startup based in Ireland, founded in 2021, with a focus on the Food and Beverage and Pharmaceutical industries. The company's slogan, "We create clean change by eliminating the existing harmful treatment and disposal of laboratory biohazardous waste," reflects its commitment to sustainability and innovation. The company addresses a critical pain point in laboratories worldwide, offering a solution to meet scope 3 carbon goals while delivering for stakeholders. Envetec leverages its innovative, low-energy, non-thermal, clean technology called GENERATIONS to transform the treatment of biohazardous laboratory waste into a net-zero process directly at the source. This not only provides a sustainable solution but also contributes to meeting businesses' sustainability goals. In May 2022, Envetec secured a significant €10.00M in funding, indicating investor confidence in the company's vision and technology. Despite not immediately disclosing specific investors, this substantial investment reflects the interest and potential growth prospects associated with Envetec's business model and technology. Overall, Envetec's approach to addressing environmental and sustainability challenges through innovative clean technology has positioned the company as an important player in the treatment of laboratory biohazardous waste, potentially disrupting traditional waste disposal methods in the Food and Beverage and Pharmaceutical industries.
Funding Stage | Amount | No. Investors | Investors | Date |
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Funding Round | €10.00M | - | 26 May 2022 |
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