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The Upcycl

Limiting manufacturing waste materials for environmental and financial benefits

Active Next round Seed Denmark E-commerce

With 895 million tons of waste materials ending up in landfills every year, there is a clear problem that needs to be addressed. Instead of traditional recycling, which still costs a lot of waste, the team are basing their model on what is known as upcycling – a way to repurpose waste materials. They have created a platform for the exchange of leftover materials and are connecting people to limit the amount of waste and offer an overview of members’ residual materials that are ready to be considered and integrated into new or existing designs and solutions. They also monitor emissions and material savings for the benefit of members’ CSR, brand and the planet.

Last updated August 6, 2024

Founding team

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Rikke Ullersted, CEO

Rikke has a masters degree in industrial design, and has been a big part of the design industry, as designer, founders, jury member and censor, before founding The Upcycl with a bigger focus on the infrastructure of upcycling.

Articles

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Established: 2017

Investment: 2022

Our investment thesis

The market is growing due to Increasing demand for sustainable materials from consumers. Responsible solutions and materials is becoming a requirement from the end users. Responsibility and sustainability solutions has become a strategic parameter of competition for companies. ​But even recycling creates waste and uses a lot of energy, whereas upcycling greatly reduces this.

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