NEWE
Bringing the circular economy closer to the retailers thanks to our technological and operational rental solution
Bringing the circular economy closer to the retailers thanks to our technological and operational rental solution
NEWE is a B2B startup founded in 2020 in Spain with a focus on bringing the circular economy closer to retailers. Their slogan "Bringing the circular economy closer to the retailers thanks to our technological and operational rental solution" encapsulates their innovative approach. NEWE offers a Pay for Use (PfU) solution that merges technology and operations to enable brands to provide end users with rental options for their products. Their value proposition revolves around automating the rental cycle through consulting, integration, operations, and analytics & data, allowing brands to concentrate on their core business activities. Their recent milestone was the €1.10M Seed Round investment on 18 July 2023, which saw participation from Draper B1, EASO Ventures, Fondo Bolsa Social, Zone2boost, and BStartup. This backing underscores the confidence of prominent investors in NEWE's vision and potential. For more information, interested parties can visit www.newe.eco or get in touch via email at [email protected].
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | €1.10M | 5 |
|
18 Jul 2023 |
| Seed Round | €170.00K | 3 |
|
26 Oct 2021 |
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