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Today: November 24, 2024
March 26, 2024
1 min read

MyGug Secures €900K in Funding


TLDR:

  • MyGug, a food waste management solution provider based in Ireland, raised €900K in funding led by BVP and Enterprise Ireland.
  • The company plans to use the funds to expand its market reach domestically and internationally.

MyGug, a Clonakilty, West Cork, Ireland-based food waste management solution provider, announced that it has secured €900K in funding. The funding round was led by BVP, with participation from Enterprise Ireland. The company, led by CEO Fiona Kelleher, offers a food waste system that creates a circular economy by converting food waste into a clean renewable source of cooking energy and plant nutrient using anaerobic digestion.

MyGug has already made strides in the market, serving customers in food businesses and education settings in Ireland, the UK, and Europe. The funding will be used to further expand its market reach both domestically and internationally, highlighting the importance of sustainable food waste management solutions in today’s environmentally conscious world.


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