JAKARTA - Waste management startup Waste4Change has secured funding from local venture capital (VC) firms East Ventures, SMDV, and Agaeti VC for an undisclosed amount.

According to an official statement, Waste4Change will use the fresh funds to increase its waste management capacity to 2,000 tonnes a day by 2024 and secure partnerships with various parties to raise awareness about the importance of waste management.

Founded in 2014, Waste4Change provides waste management services and aims towards zero-waste Indonesia with an environmentally friendly approach.

“We believe that technology support and active collaboration between stakeholders, such as the private sector, investors, government, and the community are the main keys to implement Circular Economy and zero-waste Indonesia,” said Waste4Change Managing Director Mohamad Bijaksana Junerosano as quoted by DealStreet Asia, Monday (9/3). (MS)