Apkudo Completes $14.4 Million Growth Round, Led by , to Expand Smart Global Device Ecosystem

Funding Rounds

Summary

Closed Loop Partners’ ecosystem connects entrepreneurs, industry experts, global consumer goods companies, retailers, financial institutions and municipalities, bridging gaps and fostering synergies to scale the circular economy. With this investment from Closed Loop Partners and our existing investors, we have an experienced group of investors that can provide not only capital, but deep industry knowledge and global networks to help facilitate our continued growth.” “Apkudo helps stakeholders across the electronics value chain better understand the condition and value of their devices, in turn driving smart, sustainable and profitable decision making,“ says Martin Aares, Managing Director at Closed Loop Partners. “This shared vision is a critical part of our ongoing commitment to zero waste practices as we help brands of all sizes build strong, resilient and circular economy supply chains.” “We are proud to continue supporting Apkudo, as they have emerged as a leader in Industry 4.0,” remarked George Krautzel, managing partner of MissionOG. Investments align capitalism with positive social and environmental impact by reducing waste and greenhouse gas emissions via materials innovation, advanced recycling technologies, supply chain optimization and landfill diversion. For more information, visit grotech.com MissionOG partners with high-growth businesses that have proven models in segments where we have had success as operators and investors, including financial services and payments, data platforms, and software.

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Amount $14.4M Total raised
Date February 8, 2022 Announcement date
Investors Lavrock Ventures, Grotech Ventures, MissionOG, Apkudo, Harbert Management Corporation Lead investors
Company http://apkudo.com Funded company

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Manufacturing Industry
applications
ERP & Process Management

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