Regenize
Provides accessible, inclusive, and incentivized recycling collection services for households and businesses.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | Growth Equity non VC | |
| Total Funding | 000k | ||
Regenize is a Cape Town-based recycling collection service that incentivizes recycling by rewarding participants with Remali, a form of digital currency. The company primarily serves residential households, apartments, and offices in the Northern Suburbs of Cape Town. Operating in the waste management and recycling sector, Regenize aims to increase recycling rates in South Africa, where only 7.5% of residents currently recycle. The business model involves partnering with waste pickers, providing them with uniforms and support, and collecting recyclables from clients. These recyclables are then weighed, and participants receive Remali based on the amount they recycle. Regenize generates revenue through service fees and potentially through partnerships with local governments and businesses interested in promoting recycling. The company also provides detailed reports on the weight of recyclables, carbon emissions reduced, and Remali earned by participants.
Keywords: recycling, Cape Town, Remali, waste management, residential service, apartments, offices, waste pickers, environmental impact, digital currency.