Octa

Octa is a Brazilian startup with the slogan "A plataforma que simplifica a Economia Circular Automotiva" (The platform that simplifies the Automotive Circular Economy). Founded in 2020, Octa is committed to promoting the Automotive Circular Economy by providing intelligent solutions for companies looking to sustainably manage the end-of-life cycle of their vehicles. With a specialized team in vehicle divestment and monetization, Octa offers a qualification and pricing system to help companies sell their vehicles for the best offer. The company also provides services for the enhancement and management of certified dismantling centers, distribution of reusable and remanufactured parts, and organizing the reverse logistics of recyclable by-products from these vehicles. The recent milestone for Octa was a BRL8.00M Seed Round investment in April 8, 2022, led by Blue Impact Ventures, Vox Capital, and an Angel investor. The focus on Automotive Circular Economy aligns with the increasing global emphasis on sustainability. Octa's commitment to simplifying and facilitating this process for their clients showcases a dedication to responsible and conscious business objectives. This Brazilian startup presents promising prospects for growth and potential impact in the automotive industry.