Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the retail industry. This time, you get to discover five hand-picked retail sustainability startups.
Out of 179, the Global Startup Heat Map highlights 5 Top Retail Sustainability Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 179 exemplary startups & scaleups we analyzed for this research. Further, it highlights five sustainability startups impacting retail that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 174 retail sustainability solutions, get in touch with us.
Vaayu enables Retail Emissions Tracking
Founding Year: 2020
Location: Berlin, Germany
Funding: USD 1,8 M
Use for Store Carbon Emissions Reduction
Vaayu is a German startup that develops software to automatically track carbon emissions in retail stores. It integrates into the point of sale (POS) systems of the store using an application programming interface (API). The platform analyzes sales and utilizes machine learning (ML) to calculate the emissions generated from selling each product. This enables retailers to understand the total carbon footprint arising from simply selling products in their stores. Additionally, the startup suggests suitable carbon removal projects for retailers to invest in to offset the emissions.
Zeipt provides Digital Receipts for Retail
Founding Year: 2016
Location: Oslo, Norway
Partner for Paper Waste Reduction
Norwegian startup Zeipt builds a smart receipt technology for retail companies. The startup’s platform connects physical stores with digital financial services to generate online receipts for purchases. Customers get access to these digital receipts either via email, text messages or directly on their mobile banking applications. The platform also offers integration with existing store POS systems to make this service more accessible. Thus, Zeipt enables retail stores to reduce paper waste by avoiding legacy receipts as well as gain additional customer purchase insights through its digital platform.
ChillServices offers Retail Store Energy Reduction
Founding Year: 2017
Location: Gothenberg, Sweden
Collaborate for Efficient Food Refrigeration
ChillServices is a Swedish startup that provides a plug-in solution to reduce the energy consumption of retail store refrigeration units. SensorHold is its proprietary sensor positioning device that places temperature sensors on refrigerator units in the correct position to get accurate readings. This allows in-store energy management systems to redirect the optimal amount of energy needed for the proper cooling of perishable items kept in refrigerators. The solution also enables low energy consumption in-store and ensures items in cooling units stay fresh for longer.
Future Neutral enables Carbon Offset at Retail Checkouts
Founding Year: 2019
Location: Sydney, Australia
Innovate for Reducing Carbon Footprint on Store Purchases
Australian startup Future Neutral lets retail customers offset their carbon emissions whenever they make an in-store purchase. The startup’s platform offers integration services with store checkout systems. It gives customers an option to make carbon offset payments whenever they make a purchase. The offset value is based on the value of the purchase. The finances generated through this are then donated towards projects working in renewable energy, such as wind farms or combating deforestation. This way, Future Neutral enables shoppers to make conscious decisions and reduce the effects of climate change due to retail.
Kamupak offers Reusable Grocery Packaging
Founding Year: 2018
Location: Helsinki, Finland
Reach out for Store Packaging Waste Reduction
Kamupak is a Finnish startup that offers reusable packaging solutions to reduce the amount of waste that grocery stores generate. The startup provides disposable food packages for grocery stores that are returnable to any store that Kamupak partners with. Customers who return the packages get credits on the Kamupak app which then fetches offers on future purchases. As the returned packages are easily cleanable and reusable multiple times, the startup ensures that retailers reduce packaging waste and costs, making their operations more sustainable.
Discover more Retail Startups
Retail startups such as the examples highlighted in this report focus on retail emissions tracking, reusable grocery packaging, digital receipts as well as retail store energy reduction. While all of these technologies play a major role in advancing the retail industry, they only represent the tip of the iceberg. To explore retail technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Retail Innovation Report to save your time and improve strategic decision-making.