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Cuploop logo — A smart return kiosk for reusable plates and cups with insta...

Cuploop

A smart return kiosk for reusable plates and cups with instant deposit refund ♻️🌎

Founded 2018 Estonia Estonia 13 employees Seed Total: $2.68M Hardware

General Information

Company Name Cuploop
Founded Year 2018
Location Estonia Estonia
Employees 13
Industries Hardware
Funding Stage Seed
Social

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About Cuploop

Cuploop is an Estonian-based hardware startup founded in 2018, offering a cutting-edge solution for sustainable packaging. The company's flagship product is a smart RFID-enabled reverse vending machine with instant deposit refund, aiming to add convenience to the reusable cycle. Cuploop's technology employs RFID chips to uniquely tag each reusable package, providing real-time tracking capabilities and contactless deposit refunds directly to customers' NFC bank cards or mobile wallets. The company recently secured a €2.00M Seed Round investment on 26th July 2023 from EstBAN, The Footprint Firm, and SmartCap. Cuploop's innovative approach extends beyond technology provision, positioning the company as a technology partner to its clients, offering backend services and leveraging its competitive edge—a fully automated last-mile solution for returns and deposit refunds. Cuploop primarily serves reusable packaging service operators, empowering them with machines, software, and advanced data analysis capabilities. The company aims to facilitate the seamless transition from single-use packaging to reusables in a circular economy, contributing to a greener world by reshaping the landscape of reusable packaging. Through its innovative technology solutions, Cuploop is pioneering the future of sustainable packaging and striving towards a sustainable future where every package enjoys multiple lives.

Business keywords: RFID technology, Reverse vending machine, Sustainable packaging, Circular economy, Reusable packaging, Deposit refund system, Data-driven analysis, Technology partner, Last-mile solution, Environmental sustainability, Plastic waste reduction, Compliance with EU regulations, Event venue recycling

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €2.00M 3
EstBAN The Footprint Firm
EstBAN, The Footprint Firm +1
26 Jul 2023
Pre Seed Round Undisclosed 1
Honey Badger Capital OÜ
Honey Badger Capital OÜ
07 Apr 2022
Pre Seed Round €550.00K 1
Thorgate Ventures
Thorgate Ventures
15 Jan 2021
Pre Seed Round €132.00K -
03 Dec 2019

Cuploop Alternatives & Competitors

Cuploop vs
Veridis
Veridis The Netherlands

Enabling Accurate Polymer Insights for a Circular Economy 

Grant
21 employees
Hardware, Manufacturing

FAQ About Cuploop

A smart return kiosk for reusable plates and cups with instant deposit refund ♻️🌎
Cuploop was founded in 2018.
Cuploop is headquartered in Estonia.
Cuploop operates in Hardware. Its work centres on RFID technology, Reverse vending machine, Sustainable packaging and Circular economy.
Cuploop has approximately 13 employees.
Cuploop has completed 4 funding rounds, raising a total of $2.68M. The latest funding stage is Seed.
Top alternatives and competitors to Cuploop include Veridis. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cuploop and Veridis are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cuploop, https://bouncewatch.com/company/cuploop, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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