Smartbin.io (Techstars 21')

Fully Autonomous Trash Bin Collecting Robot

https://wefunder.com/smartbin-io

Total raised on Wefunder: 65193

Total investors: 54

Quick facts

  • ⭐️ Techstars Portfolio Company ⭐️
  • 🥇 Award Winning Team - $1.6M raised on Kickstarter for previous robotics startup 🥇
  • 🇺🇸 Patent Pending in US + Canada 🇨🇦
  • ♻ Smart bin technology piloted by Google HQ ♻
  • 🤖 CTO has shipped over 12,000 robots at previous startup Scribit 🤖
  • 👩🏼‍🎨 Experienced design team who has worked on multi-million dollar projects 👨🏼‍🎨

Team profiles

Featured investor profiles

Smartbin.io (Techstars 21’)

Fully Autonomous Trash Bin Collecting Robot

Funded badge
Last Funded May 2022

$65,193

raised from 54 investors
Pitch Video
Investor Panel

Investor Panel

Louie interviewed Smartbin.io (Techstars 21’) on December 16, 2021. Play Video
Louie Nguyen, CFA
Louie has 25 yrs of investing experience ranging from global fund management to direct private equity investments focused on social impact.
Strengths
says, "The cost saving to the building owners could be tremendous. Furthermore, if the cost saving is then used to make the buildings even more green, that would be truly powerful."
Advice
says, "One option to consider is sharing in the cost saving with the building owner. For example, there is a modest minimum payment to cover your basic costs. Then whatever you save the building, you get say 20%. This model lowers the buy-in cost for the clients and properly aligns you and clients in the effort to reduce costs."

What Investors Say

Founder & CEO at Ensuro
LEAD INVESTOR
Invested $25,000 this round + $5,000 previously
Hamoun's ability to convey a story and convince people to follow his vision is something unseen. His passion for solving the massive problems surrounding waste and recycling is contagious. He is a continuous source of learning for me, always bringing to the table innovative ideas and processes. His team is talented and manage to maintain a very high level of productivity, despite having been located in different parts of the world until recently. The Smartbin.io product is simple yet very powerful. The waste and recycling sector has not been innovated for a long time and I am confident that this is the team that can definitely have a big impact in this space. Their smart bin business alone will prove to be a multi-million dollar success, however, the team strives for more innovation and pursues the greater vision at an incredible pace. I am thrilled to be investing in this round and helping the team fund the development of their next product in their already amazing line-up and I am honored to be part of Smartbin.io's journey and invest my time, money, and effort in it.
What People Say