reCup
Revolutionizing the coffee-to-go business and to make coffee in the disposable cup disappear from the picture forever.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | €12.0m | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 151 % | (4 %) | 84 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (25 %) | 12 % | - | (70 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
reCup is a German company that has established the largest reusable packaging network for the food service industry in the country. The company offers a deposit-based system for its products, RECUPs (reusable cups) and REBOWLs (reusable bowls), as a sustainable alternative to single-use containers for takeaway food and beverages.
Customers can borrow a RECUP or REBOWL by paying a small deposit at any of the partner locations and can return it to any other partner to reclaim the deposit. This model encourages the use of reusable packaging and helps to significantly reduce waste from disposable items.
The company's business model is based on a partnership system with food service providers, including cafes, restaurants, and canteens. These partners become part of the reCup network and offer the reusable cups and bowls to their customers. With a network of over 20,000 participating establishments across Germany, reCup has created a convenient and widespread solution for both consumers and businesses looking to adopt more environmentally friendly practices.
reCup's system is designed to be simple and accessible, making it easy for both businesses and consumers to participate. The company provides the necessary infrastructure and support for its partners, ensuring a smooth and efficient operation of the reusable system.
Keywords: reusable packaging, deposit system, food service industry, sustainability, waste reduction, circular economy, German market, B2B, consumer convenience, environmental impact