About Cuploop
Cuploop is a company based in Tallinn (Estonia) founded in 2018 by Lauri Luik and Christopher Juul.. Cuploop has raised $2.87 million across 2 funding rounds from investors including Estonian Business Angels Network, SmartCap and The Footprint Firm. Cuploop offers products and services including Smart Kiosk, LoopMate® System, and RFID Tags. Cuploop operates in a competitive market with competitors including TOMRA, Olyns, Loop, Zeleno and Biocrux, among others.
- Headquarter Tallinn, Estonia
- Founders Lauri Luik, Christopher Juul
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Cuploop Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.87 M (USD)
in 2 rounds
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Latest Funding Round
$2.21 M (USD), Seed
Jul 26, 2023
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Investors
Estonian Business Angels Network
& 2 more
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Employee Count
Employee Count
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Products & Services of Cuploop
Cuploop offers a comprehensive portfolio of products and services, including Smart Kiosk, LoopMate® System, and RFID Tags. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Kiosk for dropping reusable cups and getting instant refunds via RFID.
Cloud-based platform for tracking reusable cups and ESG performance.
Adhesive tags for identifying and securing reusable containers.
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Funding Insights of Cuploop
Cuploop has successfully raised a total of $2.87M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.21 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.2M
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First Round
First Round
(14 Apr 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Seed - Cuploop | Valuation | SmartCap , Estonian Business Angels Network |
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| Apr, 2021 | Amount | Seed - Cuploop | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cuploop
Cuploop has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Estonian Business Angels Network, SmartCap and The Footprint Firm. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Angel network in Estonia
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Founded Year | Domain | Location | |
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The Footprint Firm is focused on sustainability through advisory and investment.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cuploop
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cuploop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cuploop Comparisons
Competitors of Cuploop
Cuploop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TOMRA, Olyns, Loop, Zeleno and Biocrux, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sensor-based sorting and recycling solutions are provided for multiple industries.
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| domain | founded_year | HQ Location |
AI-powered smart kiosks are provided for plastic waste collection.
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| domain | founded_year | HQ Location |
Loop is recognized for its innovative digital photo frame.
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| domain | founded_year | HQ Location |
Recyclable waste is collected through kiosks with user rewards provided.
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| domain | founded_year | HQ Location |
Provides reverse vending machines for plastic recycling solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cuploop
When was Cuploop founded?
Cuploop was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Cuploop located?
Cuploop is headquartered in Tallinn, Estonia.
Is Cuploop a funded company?
Cuploop is a funded company, having raised a total of $2.87M across 2 funding rounds to date. The company's 1st funding round was a Seed of $655.45K, raised on Apr 14, 2021.
What does Cuploop do?
Cuploop was founded in 2018 in Tallinn, Estonia, as a provider in the waste management sector. Automated solutions for plastic waste collection are developed and deployed, including smart kiosks designed to gather plastic bottles efficiently. Operations center on environmental technology to support recycling efforts, with services targeted at urban waste handling in European locations. Co-founders Lauri Luik and Christopher Juul lead the initiative.
What products or services does Cuploop offer?
Cuploop offers Smart Kiosk, LoopMate® System, and RFID Tags.
Who are Cuploop's investors?
Cuploop has 3 investors. Key investors include Estonian Business Angels Network, SmartCap, and The Footprint Firm.