Evreka, a domestic IoT startup that designs waste management solutions, raised an investment of 2.2M$

Evreka, which designs digital waste management solutions in the waste management industry, raised an investment of $2.2 Million

Evreka, which designs digital waste management solutions in the waste management industry, raised an investment of $2.2 million from Logo Ventures, TechOne, TTGV, and Fark Labs. Evreka CEO UmutcanDuman, stating that this investment is an important value brought to the waste management sector, said that they aim to support their customers and solution partners in sustainability by providing efficient and high-tech waste management solutions.

In addition to developing an integrated platform, Evreka, working in cooperation with waste management companies, local governments, and municipalities in more than 20 countries of the world for more sustainable and digital process management, tripled its revenue in 2021 and achieved global growth.

Umutcan Duman, who said that he has signed new beginnings,stated that they have expanded their product range by solving the problem of optimization and resource management in waste management, and that they have started to offer better solutions to their customers and collaborators, and that the investment they have received will be a driving force to open to new markets abroad.

Evreka aims to establish local offices and teams in target countries.

With the investment, Evreka continues to increase its market share globally and aims to establish local offices in target countries. The company aims to focus further on key markets located in the Americas, Singapore, the Netherlands, and the MENA and APAC regions.

The company places sensors in waste containers. With these sensors, information such as the occupancy, location, temperature of the container, using the routing and estimation algorithm with the software they have developed, automatically determines the shortest routes to be followed by the drivers who collect the wastedaily and transmit them to via a tablet.

You can visit www.evreka.co/tr/  to review “Evreka” and get more detailed information.

Author: Tarvenn
Tarvenn is an Istanbul-based investment and advisory firm with the strategic vision, experience, network and capital to help entrepreneurs and business leaders build transformational, industry-leading companies around the world.

Who We Are

Tarvenn is an Istanbul-based international investment and advisory firm. Tarvenn has an exceptional knowledge and experience in Turkey, Balkans, Central Asia, North Africa and CIS regions.

We build the future with our portfolio, international experience, corporate customers and strategic alliances.

Our business is to build yours…

Advisory Servicesdiscover our services

POPULER

We help you to build strong portfolio for your fund

POPULER

We make your dreams come true in your challenging journey

POPULER

We provide professional M&A services for both seller and buyer

We help you to access new international markets and succeed

We help both startups and investors to raise funds or invest wisely

POPULER

We ensure the sustainable growth by being your board member

We help you to understand the value of your business or a target

We help you to transform your business to the better

POPULER

We help you to build strong portfolio for your fund

POPULER

We make your dreams come true in your challenging journey

POPULER

We provide professional M&A services for both seller and buyer

We help both startups and investors to raise funds or invest wisely

We help you to understand the value of your business or a target

POPULER

We make your dreams come true in your challenging journey

POPULER

We provide professional M&A services for both seller and buyer

We help you to access new international markets and succeed

We help both startups and investors to raise funds or invest wisely

POPULER

We ensure the sustainable growth by being your board member

We help you to understand the value of your business or a target

POPULER

We help you to build strong portfolio for your fund

POPULER

We provide professional M&A services for both seller and buyer

We help you to access new international markets and succeed

We help both startups and investors to raise funds or invest wisely

POPULER

We ensure the sustainable growth by being your board member

We help you to understand the value of your business or a target

We help you to transform your business to the better

POPULER

We help you to build strong portfolio for your fund

POPULER

We make your dreams come true in your challenging journey

POPULER

We provide professional M&A services for both seller and buyer

We help both startups and investors to raise funds or invest wisely

POPULER

We ensure the sustainable growth by being your board member

We help you to understand the value of your business or a target

We help you to transform your business to the better

What We Doour business is to build yours

We provide capital, network, knowledge and expertise to the extraordinary entrepreneurs with passion and vision to make their dreams come true.

We offer professional strategic advisory services to investors, entrepreneurs, corporate customers, venture capital funds, acceleration programs and incubators.