What is Hub.cycle?
Founded in 2016 and headquartered in Avignon, France, Hub.cycle operates at the intersection of sustainability and industrial innovation. The company specializes in up-cycling agricultural byproducts, converting fruit and vegetable wastes into essential raw materials. These materials serve critical functions within the personal care and food industries, offering eco-friendly alternatives to conventional ingredients. Hub.cycle's approach not only addresses waste management challenges but also contributes to a circular economy by creating high-value products from discarded resources. The company's commitment to environmental stewardship and resource efficiency positions it as a key player in the burgeoning green economy.
How much funding has Hub.cycle raised?
Hub.cycle has raised a total of $3.5M across 2 funding rounds:
Other Financing Round
$1.8M
Series A
$1.7M
Other Financing Round (2021): $1.8M with participation from SWEN Capital Partners, Sofiane Ammar, Cédric Sellin, Jean-Charles Morisseau, and Daphni
Series A (2021): $1.7M led by Cedric Sellin, Jean-Charles Morisseau, SWEN Capital Partners, Daphni, and Sofiane Ammar
Key Investors in Hub.cycle
SWEN Capital Partners
SWEN Capital Partners is a responsible investor specializing in private equity, infrastructure, and private debt, focused on creating sustainable value. The company offers multi-strategy investment solutions, including Tech for Good and Climate Impact initiatives.
Daphni
daphni is a Paris-based venture capital firm that invests in tech startups with a European focus and international ambitions. The company emphasizes a human-driven, community-powered approach to venture capital, leveraging tools and insights to foster long-term change.
What's next for Hub.cycle?
The recent major strategic investment in Hub.cycle suggests a phase of accelerated expansion and market penetration. With substantial backing, the company is poised to scale its operations, enhance its technological capabilities, and broaden its product portfolio. Future strategic initiatives are likely to focus on solidifying its supply chain, expanding its customer base within the personal care and food industries, and potentially exploring new applications for its up-cycled materials. This funding round is expected to fuel innovation and reinforce Hub.cycle's leadership in sustainable material solutions, paving the way for significant growth and impact.
See full Hub.cycle company page
