
Ecommit
Creates sustainable, circular trading systems, handling collection, sorting, redistribution, and digitalization, with customized schemes for businesses and municipalities.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | N/A | Series A | |
Total Funding | 000k |
Ecommit is a Japanese firm operating as a 'circular trading company,' focused on creating a comprehensive infrastructure for a resource-circulating society. The company was founded in 2007 in Kagoshima by Teruyuki Kawano. Kawano's journey began after high school, working for a used goods exporter, where he witnessed the negative environmental impact of exporting untraceable electronic waste. This experience motivated him, at the age of 22, to establish Ecommit to build a business model centered on the proper circulation of resources.
The company's core business involves the collection, sorting, and redistribution of used items, enabling businesses and local governments to reduce waste and promote reuse. Ecommit has established a nationwide logistics network with multiple 'Circular Centres' across Japan where items are meticulously sorted into 123 categories. This detailed sorting process allows the company to achieve a high resource circulation rate, with over 98% of collected clothing being reused or recycled, minimizing what ends up as waste. The business primarily serves corporate clients, including retailers and manufacturers, and local municipalities, forming partnerships to integrate circular practices into their operations. Revenue is generated by creating value from these 'unavoidably discarded items' and through its comprehensive service offerings.
Ecommit offers a flagship service, "Circularity as a Service," which provides a one-stop solution for clients. A key feature is a proprietary traceability system that digitizes the flow of materials, allowing for the calculation of reuse/recycling rates and reporting on CO2 emission reductions. For consumers and partners, the company has launched "PASSTO," a branded service for collecting unwanted goods, and "Wear to Fashion" in collaboration with ITOCHU Corporation, focusing on textile recycling. These initiatives are designed to make the choice of 'not throwing away' a mainstream option for everyone. The company also provides a smart environmental tech business, developing apps for waste collection operators to improve efficiency through digital measurement and automatic data aggregation.
Significant milestones include forming a business and capital alliance with ITOCHU Corporation to advance textile recycling and expanding collection services through partnerships with Japan Post. The company has successfully raised a total of $10.3 million over three funding rounds, with a notable Series A round in November 2024. Ecommit's long-term vision is to establish an international circular model, aiming to significantly increase the volume of textiles it recovers and to transform manufacturing and consumption patterns on a global scale. Keywords: circular economy, resource recycling, waste management, sustainability services, reuse, textile recycling, traceability system, reverse logistics, environmental services, B2B recycling, corporate sustainability, circular supply chain, waste reduction, PASSTO, Wear to Fashion, Japan, cleantech, impact reporting, sustainable materials, circular infrastructure