Today, Helsinki based, Enevo announced a €2 million investment from Lifeline Ventures and Finnish Industry Investment to do just that. Their idea is fairly simple and has been tested in the local market. The investment will be used to fuel worldwide expansion and deliveries.
Sticking to the startup roots, the company provides “a pay-as-you-go model and does not require an upfront investment from customers. Sensor data can be easily integrated into existing fleet management systems to provide a fully-automated and optimal waste collection scheduling and routing solution”, comments Fredrik Kekäläinen, Chief Executive Officer and Co-founder of Enevo Ltd.
Perhaps one could treat this story as food for thought when trying to come up with the next business idea. Too many startups go after what is popular and trendy as opposed to less “lucrative” industries. However at a closer glance, you can find a lot of hidden gems and opportunities simply where others do not care to look.
Startups have the disruptive power to come up with creative and often crazy ideas, however too often these are directed at problems that do not really need solving. Can you think of often neglected industries and problems that they might have that the startup community can solve? Let us know in the comments.
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