Founded in 2017 and headquartered in Slovakia, Sensoneo develops smart waste-management hardware and software used by cities and businesses to optimize collection processes. Its platform and sensors claim to reduce waste collection routes by 30–63% and deliver 97% accuracy in actual waste production measurements. Sensoneo’s solutions are installed in over 80 countries across five continents and the company is involved in a major European deployment of 11,100 sensors in Madrid. The business generates revenue from three divisions: smart waste collection solutions (including its own sensors), factory waste-collection logistics optimization, and a deposit refund system (DRS). The company says it will use new funding to expand into other regions, strengthen its global position, and open a branch in Taiwan to serve Asian customers. Sensoneo provides enterprise-grade smart waste management solutions combining in-house smart sensors, advanced tracking and monitoring equipment, and sophisticated software. Its platform enables real-time waste monitoring, data-driven decision making, optimization of collection routes and frequencies, vehicle-load optimization, transparent waste streams, and incentive programs to reduce waste production. The company also develops customized solutions to digitalize, optimize, and automate the logistics of post-consumer recycling and processing across different waste streams. Sensoneo's solution is used in projects in over 60 countries worldwide. Headquartered in Bratislava, Slovakia, it opened a joint-venture branch in Arizona, USA in March 2021 and is led by CEO and co-founder Martin Basila. The company raised €2M and intends to use the funds to further accelerate expansion of operations and its business reach.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2023