About Recycap Technologies
Recycap Technologies is a company based in Valencia (Spain) founded in 2022 by Bassam Damaj. Recycap Technologies has raised $598.33 thousand across 2 funding rounds from investors including European Union and Veos Ventures. Recycap Technologies offers products and services including REACT Coffee Machine, REACT-H, and REACT Platform. Recycap Technologies operates in a competitive market with competitors including FBN, DeHaat, Ayekart, StarAgri and Farmerline, among others.
- Headquarter Valencia, Spain
- Founders Bassam Damaj
- SectorsConsumerAgriculture Environment
- Email••••••••
- Phone•••• ••••
- Website recycap.com
- Social LinkedIn X Instagram
- Legal Name Recycap Technologies S.L.
- Total Equity Funding$598.33K (USD)
in 2 rounds
- Latest Funding Round$163.3K (USD), Seed
Sep 2023
- InvestorsEuropean Union
& 1 more
Products & Services of Recycap Technologies
Recycap Technologies offers a comprehensive portfolio of products and services, including REACT Coffee Machine, REACT-H, and REACT Platform.
Automated machine for home recycling of aluminum coffee capsules.
Device designed for commercial and industrial coffee capsule recycling.
Platform providing information and tools for coffee capsule recycling solutions.
Funding Insights of Recycap Technologies
Recycap Technologies has successfully raised a total of $598.33K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $163.3 thousand completed in September 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 $598,328
- Total Rounds 2
- Last Round Seed — $163,300
- First Round $435,028
(Mar 2023)
- Investors Count 2
All 2 funding rounds of Recycap Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $163,300 | Seed | – | – | |
| Mar 2023 | $435,028 | Seed | – | Veos Ventures | – |
2 investors in total: 2 institutional.
Investors in Recycap Technologies
Recycap Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Veos Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Veos Ventures is focused on incubating and accelerating innovative ideas. | – | veosventures.com | Madrid, Spain | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Recycap Technologies
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People of Recycap Technologies
2 people are tracked at Recycap Technologies (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Bassam Damaj | Founder & CEO | Leadership |
Bassam Damaj, Ph.D | Executive Chairman | Team |
Complete people profiles for Recycap Technologies
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Timeline of Recycap Technologies
3 dated milestones of Recycap Technologies across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Recycap Technologies is founded.
- Funding First funding round of $435K.
- Funding Latest funding round, Seed, of $163K.
Competitors of Recycap Technologies
Recycap Technologies 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 FBN, DeHaat, Ayekart, StarAgri and Farmerline, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fbn.com | 2014 | San Carlos, United States | $983.39M | 62 | Provider of farmers networking platform | |
| agrevolution.in | 2012 | Patna, India | $222.04M | 1,446 | DeHaat is recognized as an online marketplace for farmers. | |
| ayekart.com | 2020 | Mumbai, India | $12.84M | 126 | Agricultural producers and distributors are connected through a service network. | |
| staragri.com | 2006 | Mumbai, India | $89.94M | 5,294 | Integrated services are provided across the agricultural value chain. | |
| farmerline.co | 2003 | Kumasi, Ghana | $9.4M | – | Provider of weather information and content marketing services | |
| farmersedge.ca | 2005 | Winnipeg, Canada | $41.61M | 517 | Precision agriculture solutions and farm data management platforms are provided. | |
| climate.ai | 2017 | San Francisco, United States | $34M | 27 | AI-driven farm management and climate resilience services are provided. | |
| semaai.com | 2021 | Jakarta, Indonesia | $7.6M | – | Provider of app-based diversified tech-based services for farmers |
Detailed competitors of Recycap Technologies
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Latest news on Recycap Technologies
Complete news archive for Recycap Technologies
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Similar companies to Recycap Technologies
10 companies that operate in the same segment as Recycap Technologies (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about Recycap Technologies
Recycap Technologies was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Recycap Technologies is headquartered in Valencia, Spain. It is registered at Valencia, Valencian Community, Spain.
Bassam Damaj is the current CEO of Recycap Technologies. They have also founded this company.
Recycap Technologies is a funded company, having raised a total of $598.33K across 2 funding rounds to date. The company's 1st funding round was a Seed of $435.03K, raised on Mar 2023.
Recycap Technologies was founded in 2022 in Valencia, Spain, within the recycling sector. Solutions are offered for processing used coffee capsules, where coffee grounds are removed to facilitate the recycling of aluminum components. Operations focus on enabling efficient material separation and recovery, supporting sustainable waste management for coffee consumption byproducts across Europe.
Recycap Technologies offers REACT Coffee Machine, REACT-H, and REACT Platform.
Recycap Technologies has 2 investors. Key investors include European Union, and Veos Ventures.
Recycap Technologies operates through Recycap Technologies S.L..