ReLearn, an Italian “cleantech” startup active in the waste management sector, has closed a major €1 million seed investment round.
The startup was accelerated in the 2nd program of ZERO the Accelerator of the National Network CDP Venture Capital Sgr dedicated to CleanTech that continued to support its growth through this follow on participated also by LVenture Group, LA4G – Luiss Alumni for Growth, Club degli Investitori, Feel Venture and Sensible Capital.
ReLearn, since its founding, has demonstrated a remarkable capacity for innovation and an unwavering commitment to the cleantech sector. After the path in the Zero Accelerator, launched by CDP Venture Capital and main partner Eni together with LVenture Group and Elis and supported by corporate partners Acea, Maire Tecnimont, Microsoft and Vodafone, the startup was also supported by B4i (Bocconi 4 Innovation), received major international awards, including the coveted “European Social Innovation Prize – Horizon 22” from the European Union.
“The achievements to date are a source of pride for the entire ReLearn team. Our daily efforts exemplify the dedication we put into our work. The investors, with their expertise and commitment, have always worked in synergy with us and will continue to play a fundamental role in the growth of ReLearn.”– said Riccardo Leonardi, CEO and one of the founders of ReLearn- “Our work has a precise goal: to transform waste into a valuable resource, raising awareness among people for a conscious management of waste.”
With the significant funding just secured, ReLearn is now poised to take significant steps toward faster and more sustainable growth in the marketplace. ReLearn’s mission is simple but significant: to use artificial intelligence to turn waste into a resource. This goal is being pursued through monitoring and raising awareness in business and city communities about waste management.
At the heart of ReLearn’s technology solutions is NANDO, a sophisticated artificial intelligence system designed to monitor and analyze waste generation. NANDO collects detailed data on the quantity and quality of waste collection, offering targeted recommendations on how to reduce and reuse the waste produced. This data is processed and presented in a monitoring dashboard that enables customers to assess and reduce their environmental impact related to waste generation. In addition, NANDO uses this information to engage and raise awareness in communities through gamified strategies aimed at waste reduction and reuse.
With the 1 million euro investment just raised, ReLearn is ready to expand into new markets. The startup aims to consolidate its position in Europe, the United Kingdom, and the broad waste management sector. Its future goals include expanding its team and establishing NANDO as a benchmark tool for achieving the ambitious goal of “Zero Waste.”
At a time when environmental awareness is constantly growing, ReLearn wants to position itself as a major player in promoting responsible waste management. Solving environmental problems starts with proper data collection and monitoring; ReLearn is determined to play a key role in this crucial challenge. With the support of prominent investors and a clear mission, ReLearn is ready to contribute to a more sustainable future for all.