CCandam Technologies
Candam Technologies (Candam Tech) develops RecySmart, an AI- and acoustic-sensor-based platform that identifies packaging materials (PET bottles, cans, glass, cartons) in real time to power smart bins, reward-based recycling ('Reward as you Throw'), and deposit-refund schemes for cities and businesses. Founded in 2017 in Barcelona, Spain, it is a Seed-stage cleantech/waste-management startup backed by EIT InnoEnergy, ENION Partners and Sogrape Ventures, with pilots including an 11,000-sensor smart-waste rollout in Madrid.
SectorsWaste Management Technology, Recycling, CleanTech, IoT, Smart Cities
Start-up MapEnergy & Climate › Water & waste treatment
Founders
J
Jordi Berguinzo Martínez
Co-Founder & Chief Strategy Officer (former CEO, now Board member)
S
Sergi Goday Barillas
Co-Founder & Chief Product Officer
Global models 5
RRubicon Technologies
United States · www.rubicon.com ↗
Software/AI platform connecting waste generators, haulers and recyclers to optimize recycling and diversion, matching Candam's tech-enabled smart-recycling model at enterprise/city scale.
$285MComparable
AAMP Robotics
United States · www.amprobotics.com ↗
Uses AI (and robotics) to identify and sort recyclable packaging materials in real time, the same core AI-material-recognition-for-recycling technology as Candam's RecySmart.
$178MComparable
RRecycleBank
United States · www.recyclebank.com ↗
Pioneered the same 'reward citizens for recycling' loyalty/points model that Candam's RecySmart Ring and reward schemes replicate.
$120MComparable
GGreyparrot
United Kingdom · www.greyparrot.ai ↗
AI/computer-vision platform that identifies waste and packaging materials in real time for recyclers, directly comparable to Candam's acoustic-AI material identification tech.
$60MComparable
EecoATM
United States · www.ecoatm.com ↗
Smart kiosk that automatically recognizes items and rewards consumers, echoing Candam's 'smart device identifies recyclable material and pays back the user' model.
$31.4MComparable
In the same niche 19 others
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GGeodesic Innovations
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ÉÉxxita Be Circular
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CCimico
San Sebastián
Series A (estimated) · €7.8M
PPlastic Repair System
Orcoyen
Series A (estimated) · €5.5M
CCaptoplastic
Madrid
Seed (estimated) · €5.2M
OOcean Ecostructures
Barcelona
Seed (estimated) · €5.1M
Notes: Most funded first
Investors 8
Open as list →
CCentro para el Desarrollo Tecnológico y la Innovación
www.cdti.es
E
Enion Partners
www.enionpartners.com
IInnoEnergy
www.innoenergy.com
BBackFund
backfund.vc
SSuma Capital
sumacapital.com
IImpact Ventures
CCáceres Investor Hub
SSogrape Ventures
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2024-11-13 | Seed (estimated) | €1.2M |
Lead not disclosed
+7 more
|
| 2023-08-07 | Seed (estimated) | €870K |
Lead not disclosed
+4 more
|
News 1
Open as list →| Published | Article |
|---|---|
| 2023-07-27 |
El CDTI Innovación invierte, junto con ENION y EIT InnoEnergy, en CANDAM TECHNOLOGIES, S.L., la empresa española que está revolucionando el sector del reciclaje ↗
CDTI
2023-07-27 |