Enevo Receives $16.8M from European Investment Bank
Aug 24 2016
Finish based smart waste management provider Enevo has received €15M from EIB’s European Union (EU) Finance for Innovators (InnovFin) program (backed by the Horizon 2020 program).
"The funding will accelerate Enevo’s R&D efforts in big data analytics for the waste industry, including providing operational insights, automated route planning and smart wireless sensors for collecting data from waste containers."
+ Founded in 2010 the company has raised over €26M in private equity funding to date (Including a $15.8M Venture round in June)
+ Enevo had received a €2.3M grant from the Horizon 2020 SME funding program
+ Bin sensor technology: http://www.enevo.com/technology/