Ukrainian Greenbin.app raises €45k in Polish accelerator. The company is developing a recycling app
Ukrainian startup Greenbin.app entered the Huge Thing accelerator through the Poland Prize program and raised 45,000 euros, the company said in a press release. Ukrainians Dmytro Kukhariev and Elena Sidorenko are the founders of the company.
What are the terms
Acceleration lasts 4 months. In addition to investments, the team receives mentoring services to the tune of 11,500 euros and a workplace at the Google for Startups office.
In return, the company is required to register as a legal entity in Poland. Greenbin.app has already registered an enterprise in Poznan.
What the company is developing
Greenbin.app is a mobile application designed to facilitate the return of plastic packaging in exchange for a reward. Currently, it is available in early access and only on Android, but the iOS version is underway.
All that a user needs is to scan the QR code on the bottle, leave it in the nearest location according to the map in the application and wait for verification.
Following the verification, customers will receive points and will be able to exchange them for new goods and services, such as movie tickets. Thus, ordinary people will be able to inform the manufacturer that its packaging went for processing, and not to the landfill and not to the forest.
The team calls its project Google Analytics for Waste. The application should help manufacturers meet the standards for the collection and processing of plastic containers. The requirements for plastic recycling in the EU are set as follows: 77% by the end of 2025, and 90% by 2029.
Does it work in Ukraine
Previously, the project was tested in Ukraine too. Greenbin.app collaborated with the station No Waste Ukraine [Editor’s note: Україна без сміття]. Currently, the team is negotiating with one of the largest packaging manufacturers in the country.