GPS Renewables is to solve the urban waste problem by utilising local technologies and business models.
Green Power seeks to solve the urban waste problem by utilising local technologies and business models. In India, 25% of the 75,000 tonnes of biodegradable waste produced comes from mass kitchens in tier I cities. This market, which is estimated at USD 3 bn, is the market that Green Power Systems focuses on. Green Power Systems has developed a waste-to-energy reactor called BioUrja (pending patent), a highly compact design producing 7 kg worth of LPG for every 100 kg bio-waste. Green Power Systems have also developed a GPS shredder, designed specifically for wet waste and GPS dewatering systems, separating solids from mixtures.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Sep 30, 2020 | Series A | $3M | 1 | Hivos-Triodos Fund | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Hivos-Triodos Fund | Yes | Series A |