Empower

About

Empower offers blockchain-powered tracking that digitize waste streams and make them available to buyers as well as auditors.

Oslo,Oslo,Norway
11 - 50
https://www.empower.eco/

Highlights

Total Funding Amount

kr12.50M $450K €236.87K

Details

Last Funding Type: Product Crowdfunding
Last Funding Money Raised: kr33.28K
Industries: Big Data,Blockchain,CleanTech,GreenTech,Quality Assurance,Social Impact,Waste Management
Founded date: Feb 14, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Empower AS

The Shift from a Linear Economy where producers would manufacture anything as cheaply as possible with little responsibility of the recycling costs or cost of waste, to a Circular one where Producers and Brands are liable both for the recyclability and content of all of their products - represents one of the biggest business opportunities this decade. Empower solves this problem with blockchain-powered tracking that digitise waste streams, and make them available to buyers and sellers. This way we create new supply and new markets for both materials and data.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

17

kr12.50M $450K €236.87K

Empower has raised a total of kr12.50M $450K €236.87K in funding over 2 rounds. Their latest funding was raised on Nov 1, 2020 from a Grant round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 1, 2020	Grant	€50K	—	—	—	Detail
Nov 1, 2020	Grant	€186.87K	—	—	—	Detail
Oct 22, 2020	Private Equity（PE）	kr2M	—	—	—	Detail
Aug 1, 2020	Grant	kr75K	—	—	—	Detail
Jun 10, 2020	Grant	$450K	—	—	—	Detail