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Enevo

Enevo Oy
Privately held company
Industry Information Technology & Services, Waste Management, IoT
Founded 2010
Headquarters Espoo, Finland
Key people
Fredrik Kekäläinen, CEO, Johan Engström CTO
Number of employees
25 (2014)
Website www.enevo.com

Enevo (Enevo Oy in Finland) is a Finnish provider of waste and recycling services and analytics solutions. Enevo works with large businesses and cities to manage their collections, service levels and haulers across multiple sites. By collecting waste data using wireless sensors, Enevo can measure and forecast fill-levels in waste containers in order find where waste management operations can be further streamlined. Enevo’s waste analytics solution allows waste generators to track their waste generation and get detailed information on how much is being diverted from the landfill by recycling.

Enevo was founded in 2010 by Fredrik Kekäläinen and Johan Engström.

In April 2013 Enevo raised €2 million ($2.6 million) in funding from Finnish Industry Investment and Lifeline Ventures to fuel international growth.

In November 2013 the company announced it had signed service contracts with waste management companies in Finland, Norway and Denmark.

In August 2014 the company announced that it had raised $8 million from Earlybird, Lifeline Ventures, Finnish Industry Investment, Draper Associates and Risto Siilasmaa, among others. The funding will be used to grow and bring the sensor-based waste collection system to global markets.

In April 2016 Norway's leading waste management firm BIR chose the Enevo solution for monitoring recycling points for glass.

In May 2016 Enevo announced that Rotterdam City had increased collection efficiency significantly by using Enevo's solution.

In July 2016 Waste industry veteran Ric Hobby was appointed President & General Manager for Enevo North America.

In August 2016 Enevo received a €15m loan from the European Investment Bank

In September 2016 UK waste bin manufacturer Glasdon partnered with Enevo to add smart waste management technology to street litter bins

In November 2016 Enevo announces it had partnered with Buffalo based Hearts for the Homeless and significantly increased their collection efficiency for textiles


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