Online retailers turned over more than 90 billion euros in Germany in 2022; during the pandemic, this value was even higher, close to 100 billion euros. Getting all the associated goods to customers requires many, many transport journeys and packaging. The CO2 emissions from the vehicles and the volumes of waste generated from packaging are very high. Massively reducing these values is one of the goals the international startups participating in the current round of the Circular Valley® funding program are pursuing.
From over 500 applications, 14 startups from all around the world were selected for the Circular Economy Accelerator program. While the startups are all engaged in different topics (water treatment, platforms for industrial waste, renewable energies, green building and transportation), they all share one thing: Their ideas have a "giga-impact", meaning that they have the potential to avoid emissions on the scale of billions of tons. In Circular Valley®, the young companies further develop their business models with top-class coaches and partners from the established industry.
This also applies to the two startups that have developed solutions for sustainability in packaging and waste management: