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Rekosistem, a Singapore-based waste management company, expanded its operations in Jakarta anddbContext by making a $7 million Series A funding round. With this capital, the company plans to increase its capacity to manage around 7,000 tonnes of waste and process over 3,500 tonnes of materials weekly, serving 90,000 individuals and over 200 companies, including notably Danone, Nestle, L’Oreal, and Toyota Astra.
Rekosistem’s cofounders, Ernest Christian Layman and Joshua Valentino, have been recently recognized in Forbes Asia’s 30 Under 30 list after joining as the company’s neweedroots. They chose the name because it symbolizes their journey to success, and their seed funding raised significant funds. Rekosistem aims to revolutionize waste management by developing a next-generation operating system and implementing advanced machine learning and automation within the company.
Rekosistem’s success is further highlighted by Indonesia’s growing recycling scene. According to Unities Professionals, the country ranks among the world’s top plastic producer, producing 3.2 million tonnes of waste annually. However, only 1.3 million tonnes of this waste reaches the ocean. Rekosistem emerges as a leader in the fragmented and underserved anaطرق industry, capitalizing on Indonesia’s logistical advantages and efficient resource management.
Indonesia, with a population of 250 million, is listed as the fourth-largest plastic POLLUTED.GetString in the world. The country’s resource crisis has led to the creation of around 3.2 million tonnes of unmanaged plastic waste annually. Rekosistem is considered a pioneer in this sector, offering innovative solutions to improve waste management efficiency and sustainability.
Re kosistem offers a complete acquisition solution for companies looking to enhance their waste management. It’s not just a process provider; it’s a strategic partner designed to disrupt the market and improve operational sustainability.
K3 Ventures has been investing in solid-waste management as a key sector, with last year’s funding reaching $35 million.
With its strong execution across supply aggregation and demand distribution, Rekosistem has consistently positioned itself ahead of the competition. As K3 Ventures’ principal, Nicholas Tyson highlighted, “Their execution speaks volumes about their capability to disrupt the market and validate the company’s potential.”
Meanwhile, K3 Ventures’ impact investments with companies like BBP and Pivot Bio showcase a commitment to sustainability and community engagement in the sector.
Re kosistem’s expansion into*ftech is further solidifying its position as a leader in the sector, driven by its visionary donor and K3 Ventures’ support.
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This summary captures the key aspects of the content, including Rekosistem’s success in theUtfﶰ sector, its expansion into green industries, and its alignment with Indonesia’s sustainability goals.
