dmg ventures’ Post

LIKE LEAVES IN THE AUTUMN 🍂 What happened to Renewcell at the end of February and to Bolt Treads last year, made me think 🤔 What is going wrong? Many #startups try their best to make a #change; some brands want to support them, more in the media than on the long term financial side, and after a while, the sandcastle collapses 💨 Do we really need to get to this point? Where are the true #responsibilities? Did we really give up on #sustainability? These companies had been supported by #brands like H&M, Adidas, Stella McCartney, etc., and they quickly became popular in the news. High expectations were set for them, along with high investment, but it seems it wasn't enough… or maybe the focus was too much on sustainable material and not enough on a #sustainable #business model. There are many companies that act behind the scenes. You don’t hear about them much in the news, probably because they are also focusing on a sustainable business model📚🙇♂️ Getting #investment is the gasoline 🏍️that can make the engine of those companies run far, but if we don’t check how the engine works, we are just throwing gasoline randomly on the ground, and the fire quickly extinguishes.🧯 Investors somehow get a good return on their image when they invest millions in these initiatives, and customers with a close eye on sustainability will get closer to them, giving them a competitive advantage🚅 The problem is that they seem to pay more attention to the #marketing story than to the startup's business plan. Of course, no one has a crystal ball🔮and delivering a good message is always admirable, but we should remember the past and ask if they can still be considered sustainable🌳 In the Sustainable Academy t we want to tackle this issue with experts and some of these startups, sharing good ideas but also the difficulties that are out there to make this happen. We will discuss this and more in the Q&A of the month 📆this Friday the 29th at 17:00 CET. Come on board and ask your questions so we can explore this together.🤨 https://lnkd.in/ePzGYHgk #greenwash #sustaimablefashion #regenerative #recycled #circular

From AllTopStartups: Sustainable Gifting is a Trend That Will Stay: Ideas & More ------------------------------- The era of mindless consumption is waning. A growing consciousness about our planet’s health has seeped into every aspect of our lives, including our gifting choices. Sustainable gifting is no… The post Sustainable Gifting is a Trend That Will Stay: Ideas & More appeared first on AllTopStartups . #entrepreneur #startups #learnbusiness #techstartups #marketingtips #emailmarketing #businesstools #marketingstrategy #businessowner #startupbusiness #startuplife

Great #productinnovation story. These guys wrung every ounce of risk they could out of their idea before starting to spend big $'s on design and commercialization. But it's also a reality check for hardware startups: they are slow by nature and if you don't have the requisite skills in the founder team to prototype, build and experiment, you are going to burn a lot more cash https://lnkd.in/ehq4GbNE

Lead has no place in water bottles. Period. So as one of the only lead free insulated bottle brands on the planet we find ourselves yet again addressing the issue. Check out all there is to know about lead in water bottles, why it is bad and why we do things differently at Ohelo in our latest post. Not all bottles are created equally. Say Ohelo to doing things differently! #sustainability #ecofriendly #ecofriendlyproducts #startup #startupcommunity #bethechange #didyouknow #waterbottles #supportsmallbusiness #esg #sustainabilitygoals

What a great story of success and entrepreneurship. Read all about upcycling.

Palette Brands (formerly White Inc) (earlier White.Inc), a consumer goods company, has raised close to $2 million in a pre-Series A round led by Rockstud Capital. The round also saw participation from existing investors such as Inflection Point Ventures & DHOLAKIA VENTURES, alongside angel investors Stoffer Anko Norden and Apurva Salapuria. The primary focus of this funding will be on the launch of Ember, a cookware brand, given the ripe opportunity for innovation in this category. Consumers are actively seeking to elevate their kitchen experiences while prioritizing healthier choices. Siddharth Gadodia, the founder of Palette Brands, expressed, "There's a significant gap in the market for cookware that seamlessly blends form and functionality. Ember is poised to address this by offering a non-toxic cookware brand with exceptional non-stick properties." Established in 2022 by Siddharth Gadodia, Young Yun, Himanshi Tandon, and Bret Recor, the startup encompasses a drinkware brand, Unbottle, and an Apple accessories brand, Totem, within its portfolio. Read full story here: https://lnkd.in/gTkQuaRQ #funding #cookware #dinnerware #growth #startups Ashu Agrawal

Industrial laundry- where local businesses and emerging startups are reshaping the market! Srinivasan R, Director of AIRA Consulting Pvt. Ltd. , shares his insights on leveraging marketing strategies to thrive in this evolving sector. Learn how defining target customers, crafting unique selling propositions, and implementing effective pricing models can differentiate your business. Understand the importance of consistent, well-structured communication in connecting with your audience and staying relevant in a market growing at a 7.5% CAGR. This article is a must-read for anyone looking to make a mark in the industrial laundry business, from local stores to investor-funded startups. Read the article - https://shorturl.at/ginHI Subscribe to the magazine - https://shorturl.at/pqrBR #cleaningindustry #internationalcleaningindustry #effectivecleaning  #cleanindiajournal #cleaning #cleanenvironment #multipleservices #cij J. P Nair| Mohana M | Reema Trivedi | Tulsi Khandelwal| Divya Patel | Shubha Acharya Patange

We are excited to announce a major commitment of €250 million over the next five years to empower British and European brands, designers, and artisans to grow their businesses online and beyond. ♻ Launch of €200 million Circularity Fund: Our flagship Circularity Fund aims to support UK and European start-ups and businesses that are advancing next-generation circularity solutions. This includes investing in early-stage start-ups working on textile-to-textile recycled materials and collaborating with mature start-ups ready to scale their innovations. 🤝 €50 million to support local entrepreneurs: This focus towards supporting UK and European brands, designers, and artisans will include initiatives like: · Funding for the SHEIN X designer incubator program. · Helping UK and European businesses to start selling on SHEIN’s Marketplace platform. · Potential investments in R&D or pilot SHEIN production facilities in Europe or the UK. For more information on this, you can read here: https://lnkd.in/ga6vjXZN

Beco, an eco-friendly home, kitchen, and personal care brand that is locally based, has secured $10 million in its pre-Series B round, which was led by Tanglin Venture Partners. The proceeds will be allocated to the following objectives: the development of a robust offline sales infrastructure in critical geographies, the expansion of production capacity, and the enhancement of brand awareness and brand building. Beco asserts that it is a company that is entirely eco-friendly and does not use plastic. It provides a diverse selection of products for personal care and the household and kitchen. It provides a variety of products, such as hygiene, towel rolls, and tissues. Founded in 2019 by Aditya Ruia, Akshay Varma, and Anuj Ruia, Beco produces eco-friendly and cost-effective products, including compostable tissue rolls, biodegradable garbage bags, and eco-friendly kitchen towels, that offer consumers the convenience of single-use product without being detrimental to the environment. To share your startup information write us on - startup@viestories.com Read more - https://lnkd.in/g4K-6YCG #startup #funding #news #latestupdate #beco #ecofriendly #fundinalert

Loved this short interview with CEO of Vinted. I had no idea they are Lithuanian btw!!). In addition to their unique approach to sellers (no seller fees unlike eBay for example), as an enthusiastic Vinted user, I was impressed by their data on sustainability element: - The majority of their shipments is locker to locker => 62% more efficiency vs home delivery - 1 out of 3 transactions on the platform avoids the purchase of the new item => every transaction on average avoids 1.8kg of CO2 vs buying a new item Last year they reached profitability and reported 61% revenue growth. Wondering if they finally manage to go to an IPO. After becoming a mom, I’m frustrated about the number of non-recycable plastic produced by kids industry. Majority of toys I've ever purchased to my son - was through Vinted. I'm even stronger committed to proceed doing so.