What we see now is great fun - our solution has a very clear value proposition and provides a quick return on investment (ROI) to our customers. This, together with macro events, means that we now attract more than one million per month in order intake. It is great that both existing and new owners believe in us and what we do. We are now moving forward and aim to reach a cash flow positive position by the summer and then take the next step in our growth journey," says Michael Wictor, CEO of Bintel.
The management of Residual waste is one of the largest costs in waste management. Bintel's solution helps customers to use data to achieve better and more efficient waste sorting that generates less Residual waste, which in turn leads to an environmentally better solution and lower operating costs for waste management.
The recent development with sharply increased costs for emission allowances and new stricter laws in the industry means that the company has experienced an explosive increase in demand and order intake since the turn of the year.
Almi Invest Greentech has been one of Bintel's owners since spring 2021 and is now investing new millions in the company. In addition to Almi, the EU body EIT, which aims to strengthen Europe's innovation capacity, is investing in Bintel and thus becomes a new owner.
'- We strongly believe in Bintel and its product. It is therefore fun to see how the company's
sales are now taking off and that it so clearly gives a rapid positive effect both in terms of money and reduced carbon dioxide emissions,' says Jörgen Bodin at Almi Invest Greentech.
