Empower

company

About

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

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

Investors

Number of Lead Investors
Number of Investors
1
Empower is funded by 1 investors. TheFactory are the most recent investors.
Investor Name Lead Investor Funding Round
TheFactory Angel

Employee Profiles

Number of Employee Profiles
17
Empower has 17 current employee profiles, including Employee Xia Li
Employee
Advisor
Board member
Advisor
Advisor