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A Dutch impact venture operating in Indonesia that tackles plastic pollution through a large-scale, smart waste management system. The business combines physical collection infrastructure with a fintech platform: consumers drop off plastic waste at special Waste Hubs and immediately receive a financial reward in their e-wallet via the business’s app. With more than 30 locations in three cities, over 350 metric tons of plastic processed per month, and revenue of over €1 million projected for 2025, the business model has been proven—now it’s time to scale up.
Core Activities:
The business operates through four revenue streams: margins on the sale of processed recycled materials, brand sponsorships for CSR purposes, EPR services for businesses seeking to meet legal collection obligations, and certified plastic credits that allow businesses to offset their plastic footprint. The physical infrastructure is being rolled out through a strategic partnership with a leading supermarket chain (300+ locations), enabling rapid and scalable growth without high acquisition costs.
Key figures
- 30+ active collection sites in Jakarta, Bandung, and Bekasi
- 350+ metric tons of plastic processed per month (approximately 20 million plastic bottles’ worth)
- Revenue in 2025: over €1 million
- 150+ employees, 90% of whom are women and 50% of whom have been with the company since day one
- €1.5 million already invested by founders and angel investors
TeamTwo Dutch co-founders with complementary backgrounds: one with a commercial/financial background and experience with an ocean-impact initiative, and the other with a technology/operations background and banking experience at major Dutch financial institutions. Together, they are supported by a local team of over 145 employees in Indonesia.
Vision & Roadmap
The business aims to become Southeast Asia’s leading circular infrastructure player for plastic waste—with over 1,000 locations and over 50 million kilograms of plastic processed annually by 2030.
- Short term: Rollout through a supermarket partner to 300+ locations; expansion of the Material Recovery Facility
- Medium term: appoint a country manager; expand the team to 500 employees by 2028
- Long term: Expansion into other countries in Southeast Asia
Funding
- Current round: crowdfunding of €750K to €1M as part of a total funding round of €2.5M
- Already raised: €1.5M (founders & angels)
- Use of working capital: platform development, operational scaling, and team expansion
- Target investor group: interest in impact investing; knowledge of or a network in plastic waste management is a plus
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