Eiravato: Difference between revisions
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In late 2018, Eiravato was one of ten ICT start-ups selected from 226 applicants across 38 countries for the seventh edition of Fit 4 Start, Luxembourg's national start-up acceleration programme managed by [[Luxinnovation]] and financed by the country's Ministry of the Economy, with each participant receiving a €50,000 grant and a 16-week coaching programme.<ref name="chronicle2018" /><ref name="siliconlux2018" /> The company successfully graduated from the programme in 2019.<ref name="luxinnovation2019" /> | In late 2018, Eiravato was one of ten ICT start-ups selected from 226 applicants across 38 countries for the seventh edition of Fit 4 Start, Luxembourg's national start-up acceleration programme managed by [[Luxinnovation]] and financed by the country's Ministry of the Economy, with each participant receiving a €50,000 grant and a 16-week coaching programme.<ref name="chronicle2018" /><ref name="siliconlux2018" /> The company successfully graduated from the programme in 2019.<ref name="luxinnovation2019" /> | ||
In June 2019, ''[[The Journal (Ireland)|The Journal]]'' reported that Eiravato had closed its physical office in Blanchardstown in Dublin and was "moving to Luxembourg after a slow take-up in Ireland".<ref>{{cite web|url = https://www.thejournal.ie/eiravato-luxembourg-circular-economy-2-4690239-Jun2019/ | work = TheJournal.ie | title = Recycling tech firm Eiravato is moving to Luxembourg after a slow take-up in Ireland | date = 13 June 2019 | accessdate = 17 September 2026 }}</ref> | |||
As of August 2019, the startup company reportedly had 7 employees.<ref>{{cite web|url = https://www.siliconluxembourg.lu/eiravato-solution-for-climate-change-buy-other-companies-waste/ | website = siliconluxembourg.lu | title = Eiravato's Solution For Climate Change: Buy Other Companies' Waste | accessdate = 17 September 2026 | date = 3 August 2019 | quote = Eiravato was founded in 2015 by Kulik and Cassidy and raised 550.000 euros in funding last year. The Irish startup expects to double its number of employees from 7 to 15 over the next year }}</ref> | As of August 2019, the startup company reportedly had 7 employees.<ref>{{cite web|url = https://www.siliconluxembourg.lu/eiravato-solution-for-climate-change-buy-other-companies-waste/ | website = siliconluxembourg.lu | title = Eiravato's Solution For Climate Change: Buy Other Companies' Waste | accessdate = 17 September 2026 | date = 3 August 2019 | quote = Eiravato was founded in 2015 by Kulik and Cassidy and raised 550.000 euros in funding last year. The Irish startup expects to double its number of employees from 7 to 15 over the next year }}</ref> | ||
Revision as of 11:26, 17 September 2026
Eiravato is an Irish software company that develops waste data management technology for the circular economy. Its platform digitises industrial waste reporting and operates a marketplace connecting waste producers with potential buyers of secondary materials.[1][2]
History
The company was founded in 2015 by Marcin Kulik and Steve Cassidy, and was initially known as SmartTrace.[2] Kulik had previously founded a software development agency in 2006, while Cassidy's background was in materials management and plastics recycling.[2][3]
In October 2018, Eiravato raised €550,000 in funding, comprising €300,000 from private investors and €250,000 from Enterprise Ireland through its high potential start-up programme.[1]
In late 2018, Eiravato was one of ten ICT start-ups selected from 226 applicants across 38 countries for the seventh edition of Fit 4 Start, Luxembourg's national start-up acceleration programme managed by Luxinnovation and financed by the country's Ministry of the Economy, with each participant receiving a €50,000 grant and a 16-week coaching programme.[4][5] The company successfully graduated from the programme in 2019.[6]
In June 2019, The Journal reported that Eiravato had closed its physical office in Blanchardstown in Dublin and was "moving to Luxembourg after a slow take-up in Ireland".[7]
As of August 2019, the startup company reportedly had 7 employees.[8]
Products
Eiravato's technology has comprised two linked platforms: a data analysis tool that uses big data and artificial intelligence to identify commercial opportunities in industrial waste streams, and an exchange on which businesses can source and trade waste materials and components.[2] The system is aimed primarily at large manufacturing and multi-site organisations in sectors including manufacturing, pharmaceuticals, medical devices and retail.[1][9]
Recognition
Eiravato holds the Solar Impulse Efficient Solution Label, awarded by the Solar Impulse Foundation following assessment by independent experts.[10] The company was a finalist in the Green Awards, an Irish sustainability awards programme.[11]
References
- ↑ 1.0 1.1 1.2 O'Brien, Ciara (29 October 2018). "Eiravato raises €550,000 to help firms turn waste into profit". The Irish Times. https://www.irishtimes.com/business/innovation/eiravato-raises-550-000-to-help-firms-turn-waste-into-profit-1.3678970.
- ↑ 2.0 2.1 2.2 2.3 Burke, Elaine (17 June 2019). "Eiravato takes its plastic waste fight to Luxembourg". Silicon Republic. https://www.siliconrepublic.com/start-ups/eiravato-plastic-waste-circular-economy-luxembourg.
- ↑ Whelan, Zuzia (13 June 2019). "Recycling tech firm Eiravato is moving to Luxembourg after a slow take-up in Ireland". Fora. https://fora.ie/eiravato-luxembourg-circular-economy-4677470-Jun2019/.
- ↑ "60 Pitches at Fit 4 Start Selection & Graduation Day". Chronicle.lu. 2018. https://chronicle.lu/category/innovation/27110-60-pitches-at-fit-4-start-selection-graduation-day.
- ↑ "15 Startups Selected For The 7th Edition Of Fit 4 Start Program". Silicon Luxembourg. January 2019. https://www.siliconluxembourg.lu/15-startups-selected-for-the-6th-edition-of-fit-4-start-program/.
- ↑ "Fit 4 Start #8 is well and truly underway". Luxinnovation. April 2019. https://www.luxinnovation.lu/news/fit-4-start-8-is-well-and-truly-underway/.
- ↑ "Recycling tech firm Eiravato is moving to Luxembourg after a slow take-up in Ireland". TheJournal.ie. 13 June 2019. https://www.thejournal.ie/eiravato-luxembourg-circular-economy-2-4690239-Jun2019/. Retrieved on 17 September 2026.
- ↑ "Eiravato's Solution For Climate Change: Buy Other Companies' Waste". 3 August 2019. https://www.siliconluxembourg.lu/eiravato-solution-for-climate-change-buy-other-companies-waste/. Retrieved on 17 September 2026. "Eiravato was founded in 2015 by Kulik and Cassidy and raised 550.000 euros in funding last year. The Irish startup expects to double its number of employees from 7 to 15 over the next year"
- ↑ "Smart start-ups have solutions to eliminate waste". Irish Examiner. 2020. https://irishexaminer.com/breakingnews/business/smart-start-ups-have-solutions-to-eliminate-waste-902040.html.
- ↑ "Eiravato – Solar Impulse Efficient Solution". Solar Impulse Foundation. https://solarimpulse.com/solutions-explorer/eiravato.
- ↑ "Green Awards – Winners and Finalists". Green Awards. https://www.greenawards.ie/2025-winners.