Website www.enevo.com Headquarters Espoo Type Privately held company | Founded 2010 Number of employees 25 (2014) | |
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Industry Information Technology & Services, Waste Management, IoT Key people Fredrik Kekäläinen, CEO, Johan Engström CTO | ||
Enevo one collect system
Enevo (Enevo Oy in Finland) is a Finnish provider of waste analytics solutions. By collecting waste data using wireless sensors Enevo can measure and forecast fill-levels in waste containers in order find where waste management operations can be further streamlined. Enevo’s waste analytics solution allows waste generators to track their waste generation and get detailed information on how they you are diverting from the landfill by recycling.
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Enevo was founded in 2010 by Fredrik Kekäläinen and Johan Engström.
Enevo saving 40 costs in waste transportation
Company history
In April 2013 Enevo raised €2 million ($2.6 million) in funding from Finnish Industry Investment and Lifeline Ventures to fuel international growth.
In November 2013 the company announced it had signed service contracts with waste management companies in Finland, Norway and Denmark.
In August 2014 the company announced that it had raised $8 million from Earlybird, Lifeline Ventures, Finnish Industry Investment, Draper Associates and Risto Siilasmaa, among others. The funding will be used to grow and bring the sensor-based waste collection system to global markets.
In April 2016 Norway's leading waste management firm BIR chose the Enevo solution for monitoring recycling points for glass.
In May 2016 Enevo announced that Rotterdam City had increased collection efficiency significantly by using Enevo's solution.
In July 2016 Waste industry veteran Ric Hobby was appointed President & General Manager for Enevo North America.
In August 2016 Enevo received a €15m loan from the European Investment Bank
In September 2016 UK waste bin manufacturer Glasdon partnered with Enevo to add smart waste management technology to street litter bins
In November 2016 Enevo announces it had partnered with Buffalo based Hearts for the Homeless and significantly increased their collection efficiency for textiles