Smart waste management startup Bintel reports it has achieved a remarkable 212% increase in order intake during the first three quarters of 2023 compared to the same period last year.

Swedish Tech Weekly reports that based on the Swedish public company data, that would break with last year’s less positive trend. Revenue in 2022 was reported to € 414.000 (SEK 4.8 Million), with a loss of € 1.1 Million (SEK 12.8 Million). In March this year the startup announced € 1.25 Million in new funding.

“It all stems from dedication and hard work of our entire team. We are proud to announce that we have reached an all-time high in sales.”

said Jennie Orton, the CEO of Bintel

The startup also reports that it is focusing more on reducing the carbon footprint and environmental impact for it’s customers, by giving them actionable insights in how to increase recycling whilst keeping cost down.

Transparency: Karsten Deppert, the initiator of this website, is also an early investor in Bintel.