France
HUBCYCLE is innovating the food industry by transforming industrial by-products into valuable ingredients, driving the circular economy forward. Founded in 2016, with headquarters in France, this startup addresses the pressing issue of food wastage by utilizing plant-based side-streams, which account for a significant 85% of total industrial food wastage.
Their slogan, "We purchase by-products, we sell ingredients," captures their mission of creating new value chains where clients, consumers, and the planet all benefit. HUBCYCLE's business model involves repurposing unused resources, thus contributing positively to both the environment and the economy.
In its latest financial endeavor, HUBCYCLE secured a €3.50M Venture Round investment on 20 April 2022, with support from notable investors including Bleu Capital, Daphni, Citizen Capital, and Swen Capital Partners. These partnerships showcase a strong backing from investors who recognize the potential in sustainable innovation.
