23 Startups Receive IKEA-Funded Grant to Improve Bengaluru’s Circular Economy

Not simply funds, startups get assist with technical help and higher market entry. In addition they get help for enhancing useful resource effectivity and constructing scalable enterprise fashions. 

Lively since 2023, the three entities arrange the Circular Economy Innovation Cluster (CEIC) to strengthen Bengaluru’s innovation ecosystem “by connecting various actors who sometimes work in isolation.”

Among the many 23 startups, eight obtained an equity-free grant of $18,000 enabling the post-revenue ventures to scale their influence. They embody:

Angirus – Sustainable options to development bricks and paver blocks

Ecorenowa – Bettering photo voltaic panel recycling effectivity via on-site denomination 

E-waste Social – Digital waste administration and traceability platform for e-waste

KOSHA – AI-driven options for improved textile waste recycling effectivity 

Inexperienced Adhaar – Software program-as-service platform for end-to-end waste administration and traceability

Inexperienced Goobe – Supplies non-toxic, environmentally secure cleansing merchandise in reused packaging

Reverse – Finish-to-end, closed-loop system for the reuse of glass and inflexible plastic packaging containers

UnWood – Sustainable options to hardwood-based development boards

Local weather KIC additionally helps present round financial system ventures in Bengaluru scale with a a lot larger grant of $98,000 every. The 7 ClimAccelerators embody:

Naked Requirements – Waterless options to standard dwelling care merchandise

CarbonCraft – Tiles that present a carbon-negative resolution

R-Purchase Sensible Refill – Refill what you want – any amount, any time

Saahas Zero Waste – Remodeling textile trash into treasure

Saving Grains – From spent grain to connoisseur acquire

Sunbird Straws – A ingesting straw that gives a guilt-free Expertise

Wheedle – Rediscover pleasure with pre-loved treasures for youths

ClimateKIC (www.climate-kic.org) additionally gives pre-incubator help with seed-funding, mentoring and market entry. Eight ventures obtained $1,000 every for analysis and prototyping.