Greek Startup Coffeeco Raises 715K Euros to Turn Coffee Waste Into High-Value Products

Greek Startup Coffeeco Raises 715K Euros to Turn Coffee Waste Into High-Value Products

Coffeeco Upgrade recover natural fibres and antioxidant rich compounds from spent coffee grounds to create skincare products and bioplastics. Credit: Pasi Mammela CC BY-SA 2.0 Greek startup Coffeeco Upgrade SA, an innovative company turning coffee waste into high-value products like cosmetics and bioplastics, announced Wednesday it has secured 715,000 euros in the first close of its 1M Seed Round. Up to 99 percent of coffee fruit is discarded as…

Greek startup Coffeeco Upcycle raises €715K to turn coffee waste into skincare and bioplastics - Silicon Canals

Patras, Greece-based Coffeeco Upcycle, a specialist in transforming coffee waste into high-value products, has announced the first close of its €1M seed round, securing €715,000 from international investors. The round was led by London‘s boutique financial firm VDK Capital. The funding round will stay open for three more months, with €285,000 still available for interested investors. The funding allows the company to expand its operations in Eur…

Greek startup Coffeeco Upcycle raises €715K to turn coffee waste into skincare and bioplastics

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