TLDR:
- RecycleSmart is seeking $2 million in funding to expand their waste collection service.
- They aim to operate in every capital city by the end of the year.
RecycleSmart, founded in Sydney in 2019, offers a waste collection service for items that cannot be recycled in standard council bins. Their app allows users to book pickups for items such as soft plastics, coffee pods, toys, and electronics, providing data and insights back to the customer. The company has diverted over 800 tonnes of material from landfills and doubled their customer numbers, revenue, and valuation in the past year. With a market opportunity in the Australian Waste Management industry, RecycleSmart is now seeking $2 million in funding to expand their operations nationwide.
