The circular economy in Europe continues to enjoy it’s time in the spotlight, and with good reason. According to the European Commision, the Circular Economy has the possibility to create 700,000 jobs and increase GDP by 0.5% in the EU by 2030.
Of course, it’s an opportunity that entrepreneurs have seized across Europe and on a global scale. Why? Well, fundamentally it makes business sense. As well as the fact that circular economy is expected to generate a net economic benefit of €1.8 trillion by 2030, it also combats the systemic issue that “future consumption and production patterns are so monumental that they cannot be managed in the way we organise these patterns today”.
In recent years we’ve witnessed the impressive and rapid growth of a few circular economy giants who have become household names on the startup scene. Startups such as Grover, the rentable technology platform, and Too Good to Go, a food waste reduction startup who have raised a total of €342 million and €37.5 million respectively.
In this article however, we’ll be taking a look at some of the younger, upcoming circular economy based startups set to follow in their footsteps.
Read the full article from EU-startups here