5.9 Ecobean secures funding to limit coffee industry carbon footprint

Ecobean, a Warsaw-based start-up has developed a patented technology to process waste coffee grounds into sustainable materials such as coffee oil, antioxidants, lactic acid, proteinrich additives and coffee lignin. These are direct alternatives to products used widely today by various industries including food, cosmetics, manufacturing and pharmaceutical.

In December 2022 the company closed an investment round with EIT InnoEnergy, CofounderZone, CIECH Ventures and Angel Investors from COBIN Angels. Investment is a key milestone on the company’s path to building its Ecobean Technology Center and will help in attracting and accessing talent and paving the way for further global expansion.

As it works to develop a leadership position in the circular economy within the coffee industry, Ecobean operates closely with market leaders such as AmRest, an operator of such brands as Starbucks in Central Europe, a leading multi-brand restaurant entrepreneur in Europe. Through this cooperation, Ecobean is responsible for spent coffee grounds collection as well as the development of tailor-made applications.

Coffee is the second most valuable commodity traded globally and its waste is a rich source of compounds which require greater reuse. Ecobean is working hard to address this global problem with its scalable, deep-tech solution that in the coming years will decrease the coffee industry's carbon footprint and create significant economic value.

We are the most technologically advanced company in the sector, with a proven logistic solution to fully process spent coffee grounds and transform them into materials needed by various industries. ecobean.pl