{"id":78385,"date":"2023-07-11T01:00:03","date_gmt":"2023-07-11T01:00:03","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/07\/11\/french-recycling-startup-bbot-drums-up-investments-to-expand-to-mena-and-the-gcc\/"},"modified":"2023-07-11T01:00:03","modified_gmt":"2023-07-11T01:00:03","slug":"french-recycling-startup-bbot-drums-up-investments-to-expand-to-mena-and-the-gcc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/07\/11\/french-recycling-startup-bbot-drums-up-investments-to-expand-to-mena-and-the-gcc\/","title":{"rendered":"French recycling startup b:bot drums up investments to expand to MENA and the GCC"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>France\u2019s b:bot looking to set up shop in Tunisia, UAE:<\/strong> French plastic recycling robotics company <a href=\"https:\/\/b-bot.com\/\">b:bot<\/a> plans to expand to Tunisia and the UAE after raising EUR 20 mn to boost its robot network and enter new markets, <a href=\"https:\/\/tech.eu\/2023\/07\/10\/french-plastic-recycling-robotics-company-b-bot-raises-20-million-to-double-its-robot-network-and-accelerate-international-expansion\/\">Tech EU<\/a> reported earlier this week.<\/p>\n<p><strong>Ironing out the details:<\/strong> The French startup raised EUR 20 mn from Paris-based investor and asset manager <a href=\"https:\/\/www.eiffel-ig.com\/en\/\">Eiffel Investment Group<\/a> and the group\u2019s long-committing shareholder Cr\u00e9dit Agricole Normandie-Seine Participations. The funds will be directed to doubling the size of the startup\u2019s robot workforce by the end of 2023, international expansion, and begin recycling cans.<\/p>\n<p><strong>About the company:<\/strong> Founded in 2021, b:bot is a machine and digital ecosystem that collects PET plastic bottles and shreds them into plastic flakes, according to <a href=\"https:\/\/circulareconomy.europa.eu\/platform\/en\/good-practices\/bbot-plastic-bottle-recycling-counts-twice\">EU data<\/a>. B:bot\u2019s machines, which take up less than 1 m2 of space, have a storage capacity of 3k bottles. Consumers get points or cents for each bottle inserted into the robot, and can exchange their points for funds that can be used at supermarkets or donated to charities. It currently has over 500 robots and has collected 130 mn bottles to date, according to Tech EU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France\u2019s b:bot looking to set up shop in Tunisia, UAE: French plastic recycling robotics company b:bot plans to expand to Tunisia and the UAE after raising EUR 20 mn to boost its robot network and enter new markets, Tech EU reported earlier this week. Ironing out the details: The French startup raised EUR 20 mn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":78386,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[152],"tags":[11,151,294,52,136],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseclimate","tag-investment-watch","tag-tunisia","tag-uae","tag-waste-management","wpautop","entry"],"acf":{"mongo_id":"a5d053ac-b9f2-4ea7-bee3-f22b37295fe5","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/1462.jpeg","photo_position":"above","related_issue":[78371],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>French recycling startup b:bot drums up investments to expand to MENA and the GCC - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/11\/french-recycling-startup-bbot-drums-up-investments-to-expand-to-mena-and-the-gcc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"French recycling startup b:bot drums up investments to expand to MENA and the GCC\" \/>\n<meta property=\"og:description\" content=\"France\u2019s b:bot looking to set up shop in Tunisia, UAE: French plastic recycling robotics company b:bot plans to expand to Tunisia and the UAE after raising EUR 20 mn to boost its robot network and enter new markets, Tech EU reported earlier this week. 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