Hubcycle
Hubcycle avoids huge wastage by converting plant-based industrial side-streams into competitive, innovative & strategic raw materials for personal care and food.
https://www.hubcycled.com/
Activity
Upcycling
Stage at investment
Seed & Pre-Series A
Employees
18
What is Hubcycle?
In a world where our food system wastes half of its production. Hubcycle avoid this huge wastage by converting plant-based industrial side-streams into competitive, innovative & strategic raw materials for personal care and food.
Business and value proposition
Hubcycle turns organic wastes from the cosmetic and the agri-food industry into new ingredients. They get products of industry quality standards directly in the production chain. Unlike traditional players that operate solutions generating methane, they manage to turn this co-product into ingredients that still have an important value.
Why we invested ?
In a world where 50% of the food produced for transformation into ingredients or flavor never reaches our plates, Hubcycle tackles 40% of this waste. While current waste recovery is limited to composting or methanization, Hubcycle creates more value by turning waste into ingredients. It develops activities of sourcing, waste qualification, matching, quality check, transformation and logistics. In 2020, with only 2 people, Hubcycle managed to turn the equivalent of 1000 tons of fruit and vegetable production from waste to ingredients for the cosmetics and food industry. These simple figures illustrate how Hubcycle is a no-brainer both from an ecological and societal perspective.
Geographical footprint
Team of Hubcycle
daphni team in charge
Julien Lesage
CEO
Dominique Sylvain
Partner & Business development manager