About reCup
reCup is a company based in Munchen (Germany) founded in 2016 by Florian Pachaly.. reCup has raised $12.92 million across 1 funding round from investors including Müller Medien, blueworld.group and Summiteer. reCup has completed 1 acquisition, including Crafting Future. reCup offers products and services including RECUP and REBOWL. reCup operates in a competitive market with competitors including VYTAL, Relevo, Tobego, Julienne and Tiffin Loop, among others.
- Headquarter Munchen, Germany
- Founders Florian Pachaly
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Sectors
Consumer
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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 Recup Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.92 M (USD)
in 1 rounds
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Latest Funding Round
$12.92 M (USD), Series B
May 31, 2022
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Investors
Müller Medien
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of reCup
reCup offers a comprehensive portfolio of products and services, including RECUP and REBOWL. 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.
Reusable cup for beverages with deposit system to minimize waste.
Reusable bowl for food items, designed for easy transport and recycling.
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Funding Insights of reCup
reCup has successfully raised a total of $12.92M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.92 million completed in May 2022. 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 1
- Last Round Series B — $12.9M
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First Round
First Round
(31 May 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - reCup | Valuation |
investors |
| 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 reCup
reCup has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Müller Medien, blueworld.group and Summiteer. 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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Family office focused on media & entertainment sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Smart investments are provided by blueworld.group to innovate globally.
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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 reCup
reCup has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Crafting Future. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Sustainable food processing services are provided in Germany.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - reCup
| 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 |
Recup Comparisons
Competitors of reCup
reCup 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 VYTAL, Relevo, Tobego, Julienne and Tiffin Loop, 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 |
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| domain | founded_year | HQ Location |
Smart packaging solutions are provided via app-based reusable bowl memberships.
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| domain | founded_year | HQ Location |
Reusable dishware is offered through an app for restaurants.
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| domain | founded_year | HQ Location |
Provides app-based reusable cup borrowing and returning for sustainable waste reduction.
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| domain | founded_year | HQ Location |
Sustainable platform for food ordering with reusable containers and eco-friendly delivery.
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| domain | founded_year | HQ Location |
App-based system for reusable containers to reduce plastic waste in take-away dining.
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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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Latest news on Recup
Frequently Asked Questions about reCup
When was reCup founded?
reCup was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is reCup located?
reCup is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is reCup a funded company?
reCup is a funded company, having raised a total of $12.92M across 1 funding round to date. The company's 1st funding round was a Series B of $12.92M, raised on May 31, 2022.
What does reCup do?
reCup was founded in 2016 in Munich, Germany, and operates in the sustainability sector focused on reusable packaging. A deposit-based system for coffee-to-go cups is managed, where users pay 1 to borrow cups in three sizes0.4l, 0.3l, and 0.2lfrom partner locations. Empty cups are returned to any partner across Germany for deposit refund, supporting waste reduction efforts.
What products or services does reCup offer?
reCup offers RECUP and REBOWL.
How many acquisitions has reCup made?
reCup has made 1 acquisition, including Crafting Future.
Who are reCup's investors?
reCup has 4 investors. Key investors include Müller Medien, blueworld.group, Summiteer, and GLS Bank.