Olio • Share More, Waste Less

Olio • Share More, Waste Less

Olio is a sharing app for local communities, on a mission to fight waste. Founded in 2016 in the United Kingdom, Olio makes it easy for people to pass on the things they no longer need — from food to furniture, and clothes to books — to people who live nearby. Users simply take a photo of their item, add it to the app, and wait for someone to request and collect it. Additionally, Olio works with businesses to redistribute their unsold or unserved food, ensuring that every last bit of edible food ends up benefiting local people instead of ending up in the bin.

The latest milestone for Olio is a significant $43.00M Series B investment received on 06 September 2021. The investment was made by a group of prominent investors including Delivery Hero Ventures, Octopus Ventures, Accel, Rubio Impact Ventures, Flight Ventures, Vostok New Global, Jason Stockwood, Lord Waheed Alli, Alumni Ventures, and Lugard Road Capital. This substantial investment underscores the confidence these investors have in Olio's potential to drive positive change in both mobile and waste solution industries.