Population growth, urbanisation, increasing industrialisation are causing a global problem of increasing waste with a projected increase in waste produced of 73% by 2050. This is why waste management and recycling is becoming a major issue across the world's economies, and the answer is smart waste management, provided by Sensoneo's solutions.
Sensoneo is a global technology leader delivering comprehensive solutions for the management of waste collection and for the management of single-use packaging backup schemes. Thanks to them, municipalities and companies can optimize costs, increase waste collection efficiencies, reduce urban pollution, increase the percentage of waste recycling and improve the quality of life of citizens.
Since the previous investment round closed in 2019, the company has been able to grow to a €4.0 million revenue level, a 9.5-fold increase, has customers in 74 countries and has delivered more than 17 thousand smart sensors at the end of 3Q. It already has a 5th generation of sensors on the market, which provides a huge global competitive advantage over the competition, which is usually limited geographically, due to the ability to connect to all kinds of IoT networks in the world.