Daphni

Big cheers to HUBCYCLE on their €15M round! 🎉

With new funding led by ETF Partners (including Remy de Tonnac), Hubcycle is all set to scale its upcycling model on a global level. We’re especially proud because we’ve been supporting Julien Lesage, Hubcycle’s founder, back when his team had just two people in 2020 (special thanks to our daphnipolitan Sofiane Ammar for nurturing this journey from the start)!

Hubcycle perfectly embodies what we’re about at daphni:

1️⃣ Impact on the planet: In 2024, Hubcycle will save more carbon than the biggest Direct Air Capture facility.
2️⃣ Win-win model: Benefiting everyone along the supply chain.
3️⃣ Global reach: With 60% of sales already outside France, they’re making a mark, especially in the U.S.

♻️ As the world leader in food waste recovery, Hubcycle takes soon-to-be-wasted ingredients from food processing and turns them into something new — like orange peels transformed into pure orange essence for cooking and cosmetics!

🤝 We’re thrilled to support Hubcycle in this new phase 🤝

Since 2015, Daphni has backed companies with a positive environmental and social impact, supporting the circular economy through standout brands like GeevFAUME, and Back Market in B2C. Now it’s B2B’s turn, and Hubcycle is pioneering this shift, moving from market awareness to rapid scaling.

🎊 Here’s to Julien Lesage and the Hubcycle crew, Marc OIKNINE, and our daphni champions Stanislas Lot & Pierre-Eric Leibovici!

💜 Let’s keep building da city for good!

P.S. Check out Julien’s feature on our podcast from 2021 – listen to the full conversation here!)

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Big cheers to HUBCYCLE on their €15M round! 🎉

With new funding led by ETF Partners (including Remy de Tonnac), Hubcycle is all set to scale its upcycling model on a global level. We’re especially proud because we’ve been