Turin’s NANDO secures €3.3 million to scale municipal and food waste optimisation technology
Turin-based startup NANDO has secured a substantial €3.3 million capital increase, signaling a significant boost for AI-driven waste management solutions across Europe. This funding will enable NANDO to further develop its technologies for optimising municipal waste collection and reducing food waste, addressing critical environmental and economic challenges. The investment underscores a growing trend of support for European ventures leveraging digital innovation to tackle sustainability issues, reinforcing the continent's commitment to digital sovereignty in green tech sectors. The funding round, led by MAIA Ventures and CDP Venture Capital, highlights investor confidence in NANDO's AI and data analytics capabilities. NANDO's platform aims to enhance efficiency across the entire waste management value chain, a crucial area given rising operational costs and workforce shortages in the sector. The company already serves approximately 80 clients in over 17 countries, demonstrating its established presence and the broad applicability of its solutions in both public and private sectors, particularly within the food service industry. This development places NANDO within a vibrant European CleanTech and WasteTech ecosystem, where similar startups are also attracting significant investment. Companies like Switzerland's Jaipur Robotics, the Netherlands' Hydryx, Italy's Resilico, and the UK's Future Greens have collectively raised millions to advance AI-powered waste monitoring, emissions reduction, and waste transformation technologies. These parallel efforts collectively represent a €9 million surge in funding for digital solutions within the waste sector, indicating a strong market appetite for innovative approaches to circular economy challenges.
Curated and translated by Europe Digital for our multilingual European audience.
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