This date marks the end of our 12-month Accelerator support programme at Sustainable Ventures.
The Accelerator programme has provided us with the support and essential tools to mature into a business that understands its target market and addresses its pain-points with a well-aligned product, defined business model and growth plan.
Our Co-Founder and CEO, Lugano Kapembwa shares that, “we have benefited most from the business model support, through which we have built strong customer profiles and developed assumptions that we have tried and tested in the market.”
Apart from guiding our Co-Founders in this journey, the team also benefitted from the modern and comfortable workspaces with friendly staff and amazing facilities, where we could not only come together to work but also relax in many of the Thursday evening events with opportunities to meet people from other sustainably minded start-ups, making important connections for the future.
Shruti Iyengar, Senior Investment Associate, Sustainable Ventures:
“We invested in Loopcycle in March 2021 and having supported the team through the Accelerator over the last 12 months, it’s been exciting to see the customer validation and interest they’ve garnered in such a short period. With the growing demand for supply chain traceability and the renewed commitments towards Net Zero from many large manufacturers last year, Loopcycle’s solution is key to empowering companies to reduce the volume of products that end up in landfills.
One year on, the platform traces over 300 products, the team is 6 members strong, and they’ve secured key pilots with the likes of Electrolux Professional and NHS Trusts – we are delighted to have supported them in achieving such critical milestones and are looking forward to seeing them transform supply chains globally.”
We are delighted to be part of the SA portfolio and look forward to staying engaged with the community. The programme has set us up for a bright future, and we are excited by the progress that we have made so far.