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Coffe-eco

Coffe-eco

Coffe-eco
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Business Description
Coffe-Eco is aiming to transform the espresso supply chain from linear to circular. Starting from Greece, which produces 40.000 tons of SCG waste annually, we plan to upcycle 50 tons in 2022 and expand to east Europe and Asia. For every espresso shot you drink every day, you produce 7 grams of biomass waste. Just think that only in US espresso consumption are four 400 M shots per day. Spent Coffee Ground (SCG) is one of the most undervalued biomass. Coffe-Eco uses this biomass to produce sustainable raw materials for the cosmetics and food industries. Cosmetic and food sustainable raw material is a starting point for Coffe- Eco, but we plan to expand to other sectors with furniture raw material, biomethane, and fertilizers.
Long Business Description

Solution & Product
Coffe-Eco creates an end-to-end, zero-waste ecosystem for spent coffee grounds. To make an environmental impact, it needs to manage a significant volume of waste and produce various products. We have developed a unique upcycle ecosystem through exclusive partnerships to collect and manage this waste using this mindset. We order coffee ground from big espresso companies through this ecosystem, upcycle it into sustainable ingredients, fertilize (for now), and sell it to potential clients. The sustainable ingredient is produced through a process we develop after four years of research and development.
Fertilize production happens through an exclusive partner.
Our mission is to upcycle 50 tons of waste by 2022 with a growth of 50% every year.

Innovation & Scalability
Our competitive advantage is separated into three layers of innovation.
The first layer and the basis of our advantage is our unique and protected technology of ingredient production.
The second layer of our advantage is the exclusive contract we sign up with our suppliers. This allows us to control the supply and the competition.
Last but not least, through an exclusive partnership, we can upcycle 100% of the waste we are collecting with no limit to the volume.
The only barrier to growth is the long sale cycle of this kind of product. Because of the product formulation process for cosmetic companies, they need time to formulate new products or replace old ingredients.

Based in
Patra
Tags
Sustainability, Upcycle, Coffee Waste, Cosmetics
Total Funding
Between €100K-€500K
Founded
2022
Website
https://coffe-eco.gr/

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