Polish greentech Maas Loop secures €1.2M round led by Aper Ventures

Maas Loop, a Rzeszów-based startup producing recycling equipment, has secured a total funding of €1.2 million round led by the Aper Ventures fund. Other investors also include AIP Seed, ASP Capital, and business angels, MamStartup reports.

• Founded in 2020 by Paweł Ciesielski, Szczepan Wantusiak, and Łukasz Święch, Maas Loop is a recycling hardware startup that develops a device that allows restaurant owners to crush glass themselves, thereby significantly improving its recycling. According to its team, Maas Loop can crush up to 60 glass bottles, 130 plastic bottles or 260 metal cans at a time.
• The startup also added that the device was built based on the ideas of sustainable development, responsible business, and appropriate design:

Our goal was to create an easily accessible, easy-to-use, functional and aesthetic device that would allow restaurant owners to crush glass themselves, thereby significantly improving its recycling. For the benefit of business and the environment,

the Maas Loop team declares on its website.

• The fresh round was led by Aper Ventures, a Warsaw-based VC firm that currently focuses on deep tech solutions at the beginning of commercialization and hardware startups that are scaling up. It co-invests around €1-5 million in startups.
• Other Polish investors like AIP Seed, ASP Capital, and the private entrepreneur Aleksander Szalecki also participated in the investment.

The company will use the funds to further develop its business and increase sales abroad. It plans to enter the foreign market by optimizing the waste collection and management processes.