Seed for Good
Lille, Nord-Pas-de-Calais, France
Overview
Seed for Good is a venture capital firm. It invests in early-stage start-ups in pre-seed, seed, and series-A rounds.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- SOS Accessoire
Participated · Equity · Apr 2021
SOS Accessoire is a French startup that provides tools to diagnose home-appliance problems, direct access to spare parts, and video tutorials aimed at amateur repairers. The company says sourcing spare parts is difficult due to hundreds of suppliers and professional-oriented instructions, and positions itself to simplify that process for consumers. It estimates it saved half a million appliances in 2020, avoiding roughly 20,000 tonnes of CO2 emissions (equivalent to the annual emissions of 4,375 French people). SOS Accessoire highlights its size, spare-parts availability and catalog/database as competitive advantages versus rivals such as Spareka and Adepem. The startup cites a large addressable market, noting the EU spare-parts market is worth €4.1bn and that around 80% of appliances are replaced rather than repaired. Founder Olivier de Montlivault frames the opportunity as both environmental impact and a chance to change consumer behavior around appliance replacement.
Team
No current team members are available.