
Bekia
An App that people can use to monetize their daily valuable waste.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 Valuation: €0.0 | round | |
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
* | $150k | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 7 % | 100 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Founded in 2017 by software engineer Alaa Afifi, Bekia emerged from a desire to address Egypt's growing waste management challenges.
Leveraging his background in Computer Science from Cairo University, Afifi developed a tech-driven solution to a pervasive environmental problem. The company operates a digital platform that connects households and businesses with waste collection services, creating a streamlined process for recycling.
Bekia's business model is centered on the principle of a circular economy. The company incentivizes recycling by offering financial compensation for separated inorganic waste, including plastics, paper, electronics, and used cooking oil. Users can schedule pickups through the platform and receive payment via mobile wallets or bank accounts, or exchange their waste for various goods and services. This model serves both individual households looking to dispose of waste responsibly and businesses seeking efficient waste management solutions.
The core of the service is its user-friendly digital interface, which simplifies the collection and monetization of recyclable materials. By turning waste into a commodity, Bekia not only provides a source of income for its users but also contributes to reducing landfill usage and promoting environmental sustainability in urban areas like Cairo. The company has successfully secured seed funding to expand its operational capacity and enhance its service offerings.
Keywords: Waste management, recycling, circular economy, cleantech, Egypt, sustainability, resource management, waste-to-value, environmental services, mobile application