Netcycler Launches UK Operations
People like buying stuff. A lot of it. So much that they have abundance of good stuff they don't need. Usually the unsused items are wasting away in atticks, basements or closets. Netcycler built a web solution for this problem: it allows you exchange your old stuff for something you actually need. The start-up was launched last year in Finland and by the end of the year closed a 725 000€ funding round and expanded to Germany. Now the service has been launched in UK: not only because it's a big market but also because 'UK is a nation of hoarders' as their recent market research reveals.
Netcycler To Expand To UK This Spring
Netcycler is the Finland based startup that developed an online service to help people recycle their goods. In the most basic form, it helps to do this with two people who find something else they're willing to exchange their own good for. This also works on a larger scale, where you may be giving someone else your good and receiving a good from a third person. Last week, the company announced they're opening shop in UK.
Netcycler Closes 725k€ Round, Expands to Germany
Netcycler announced today that they have closed a 725k€ investment round and while doing so, have also expanded their business to Germany. Investors in this round include the current owners, Cleantech Future Fund and the early stage fund Vera (Avera). Additionally, the company has been accepted into the Tekes YIC program, where Tekes is able to leverage costs up to one million euros.
Netcycler Wants You To Swap And Recycle - We Have Invites
Netcycler, a Finnish startup, wants to get us to recycle all the pretty things we own but don't need anymore. After talking to the founders they are also keen evangelize their own version of cradle to cradle thinking and want to make more than just money, even though that is part of the plan as well.
The service itself is still in closed alpha (we have invites though, see more about those below), although to me it's a full blown Beta and working just fine. You can put your stuff for people to see, include a photo, description and all the usual stuff. In addition to this there's quite a nifty way to find what you'd like to get in exchange: You can also create a Wish, where you tell the service what you'd like to get in return. After you have done this, it will automatically offer you that, if someone is willing to exchange such a product.
