Sweden’s FemTech Bootcamp announces its first cohort of female-led startups that have earned the opportunity to take part in the startup scene in Stockholm.
Sweden’s FemTech Bootcamp announces its first cohort of female-led startups that have earned the opportunity to take part in the startup scene in Stockholm.
One-third of all food is wasted: a bad result for both the environment and those left hungry. This is the problem Swedish startup Karma is tackling head-on.
The Stockholm-based startup has created a marketplace which allows local restaurants and grocery stores offer their unsold food at a discount through their mobile application. It’s a simple yet brilliant concept – and one which has already amassed $12 million in Series A funding.
So how does it work? The startup, founded in 2015, lets users browse partner restaurants and vendors in their city. Upon selection of their dish, the user pays through the application and picks up the item before closing time.
Karma chief executive officer Ståhlberg Nordegren told TechCrunch the service is an ideal way to redirect good, quality food away from landfill and into the stomachs of hungry customers.
“We’re reducing food waste by enabling restaurants and grocery stores to sell their surplus food through our app… Consumers like you and me can then buy the food directly through the app and pick it up as take away at the location,” he said.
“We’re helping the seller reduce food waste and increase revenue, consumers get great food at a reduced price, and we help the environment redistributing food instead of wasting it.”
Since Karma’s original founding by Hjalmar Ståhlberg Nordegren, Ludvig Berling, Mattis Larsson and Elsa Bernadottein in their home country of Sweden, the startup has expanded to work with more than 1500 restaurants, grocery stores, hotels, cafes and bakeries.
It counts three of the nation’s biggest supermarkets as partners as well as 350,000 users to its name. Such success in Sweden led to the company expanding to the United Kingdom this February, and it is already working with 400 restaurants in London.
The application has garnered support in its latest round of funding from around the world. Swedish investment firm Kinnevik led the first round of investment, along with participation from US venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux and previous backer VC firm e.ventures.
The company plans to expand to more than 100 employees across five markets by the end of next year and then to 150 employees by mid 2020.
If you ever wondered what to do with all the excess fruit in your garden, then you probably don’t know about Zero Waste Jam. Yet. The product, behind which stands Austrian/Swedish startup The Good Tribe, is as of this week hitting the shelves.
“I’ll be excited to see how the product sells by itself,” co-founder and CEO Evelina Lundqvist told inventures.eu. “We have done test sales before, but there was always somebody from the team there.” Zero Waste Jam’s first distributor is Vienna-based Saha, which Lundqvist describes as having somewhat of a “vintage feel to it”. Another two shops in Vienna and one in Graz are soon about to follow.
Meet The Good Tribe
In the hands of The Good Tribe, jam is not just something that goes well with your breakfast but an example of how a do-it-yourself approach can help lead to a healthier and more sustainable lifestyle. The concept is simple: Fruit surplus doesn’t have to go to waste. The team approaches people from the areas they live in, and ask them to donate the fruit they’re not intending to use. Whatever they collect they then cook into a homemade jam. As of right now, their suppliers are mainly private individuals but getting businesses onboard, too, is definitely something they aim to achieve.
Make a jam out of it
The production process is kept in closed circles, which includes The Good Tribe team and partner Marta Cociancig, “an avid jam maker”, among others. “At the moment we’re producing the jam ourselves because we want to get good control over the process,” said Lundqvist. “The goal, however, is to have partners who can produce it for us, while we’ll be focusing on running the business.”
The Zero Waste Jam project first started last year in Vienna and was initially supported – both financially and network-wise – by Austrian jam maker Hans Staud, owner of Staud’s, who they got to know through Hired by Society. The team don’t exclude the possibility of taking an investor onboard in the future, yet for the time being, they’re taking it slow. “We’re taking it one step at a time,” said Lundqvist. “We want to see how the first sales go, and then plan our next moves.”
To say that they haven’t thought about their next steps, though, would be an understatement. Buzzwords like “further distributors”, a “webshop”, and “jam subscriptions” are all on their to-do list.
Keep an eye out for The Good Tribe. And make sure you get your own Zero Waste Jam soon!
In the hands of the social enterprise operating from Austria and Sweden, jam becomes a weapon against food illiteracy, old clothes are turned into designer pieces and the Zero Waste society appears as a more feasible goal. inventures.eu sat down with two of the five “tribsters,” Evelina Lundqvist and Michael Bauer-Leeb, to learn more about their vision and how they work together transnationally.
The Good Tribe from left to right: Sandra Kinnaman Nordström, Gayathri Rathinavelu, Evelina Lundqvist, Alexandra Poetz and Michael Bauer-Leeb. Photo: Rupert Pessl
Take the symbolic meaning of the mighty elephant and add a touch of pink to it. This makes for a fresh logo with an ambitious core. Gathered around this logo are the five members ofThe Good Tribe, a social venture operating from Austria and Sweden. Evelina Lundqvist (Sweden & Austria), Gayathri Rathinavelu (Sweden), Sandra Kinnaman Nordström (Sweden), Alexandra Poetz (Austria) and Michael Bauer-Leeb (Austria) are a transnational team of social entrepreneurs, who work towards achieving a worldwide Zero Waste society.
In Sweden, The Good Tribe is registered as a limited company and in Austria it operates as a network of self-employed consultants and artists. Whether by producing jam made from donated fruits and berries (Zero Waste Jam), by upcycling old apparel (Zero Waste Apparel), by organising summer events for kids (Creative Zero Waste summer week) or by offering lectures on social entrepreneurship at the Danube University Krems, The Good Tribe aims to show that the reduce-reuse-recycle theory – as idealistic as it may sound – is in fact applicable in any life situation. And about 2,000 followers on their social media channels as well as the 3,000 people they reached through workshops on Zero Waste, sustainable development and social entrepreneurship last year may prove them right.
Growing market for sustainable products
Founder and CEO Evelina Lundqvist is a strategic thinker. Photo: Rupert PesslBut having success with this kind of social venture was not self-evident in 2009, when The Good Tribe was founded by Evelina Lundqvist and Gayathri Rathinavelu after a trip to India changed their outlook on life. “During our time in India we strongly felt that we’re all responsible for taking good care of the planet in order to create prosperity for living as well future generations. In this spirit we decided that we wanted to create a business together, and that our business strategy would be to make solutions and tools to achieve social, environmental, and financial sustainability fun, understandable and accessible.“
Michael Bauer-Leeb has a mathematical mind. Photo: Rupert PesslFour years on, their business is coming more and more to fruition. “We are glad to see that there is a market willing to buy our products and that the market is currently growing”, says founder and CEO Evelina. As with any business in its startup phase, the tribe members encountered quite a few hiccups along the way. From deeply frustrating to incredibly inspiring, the lessons learned while struggling with social entrepreneurship cover the whole range. “There are evil bastards out there, who want to steal your stuff”, Evelina says, looking painfully annoyed. She talks about their business ideas, which are not easy to protect. “But there are also a lot of people willing to share and help”, adds Michael in a reconciling tone of voice.
Evelina and a jar of Zero Waste Jam. Photo: Rupert PesslTake it with a spoon of jam
One of their business ideas has attracted particular attention recently: Zero Waste Jam (see this feature from German weekly Die Zeit). If you ever thought jam was just delicious, think again. In the hands of The Good Tribe, it has become a powerful weapon against food illiteracy and a convincing example of how a do-it-yourself approach helps reduce waste and lead a more sustainable life. The idea is simple: approach people in your area and ask for permission to pick the fruit and berries from their gardens, which they don’t intend to use. Cook them into a homemade jam and sell the jam on local markets. The Zero Waste Jam project was started last year in Vienna and is currently enjoying support – financially and network-wise – from the Austrian jam maker Hans Staud, owner of the well-known company Staud’s, who they got in touch with through the Hired by Society fellowship programme. Once it has gained a foothold in Austria, The Good Tribe plans to implement this project in other countries as well as to possibly expand it to other products.
The glue that holds the tribsters together
Founder and CEO Gayathri Rathinavelu is a good marketer and networker. Photo: Rupert PesslEvelina and Michael met a few years ago at an MBA programme of the Danube University Krems, collaborated on a common master thesis on pairing business angels with social entrepreneurship and that was the beginning of a beautiful, well, business partnership. “I absolutely adore Evelina for her strategic thinking abilities,” says Michael, while Evelina appreciates Michael’s being good “in everything that has to do with math”. The two tribsters – for this is what they call each other – keep talking about the glue that holds their team together, like Gayathri Rathinavelu’s marketing and networking ability, Sandra Kinnaman Nordström’s project management and sales skills and Graz-based designer Alexandra Poetz being THE creative mind in the business– although their areas of responsibility often overlap.
Sandra Kinnaman Nordström excels at project management and sales. Photo: Rupert PesslAnd it takes quite a bit of glue to be able to work together across borders. “We became experts in using online tools like Skype, Dropbox, TitanPad, Google Drive or Doodle – we could hold workshops on this issue,” jokes Michael and, mathematically as he thinks, he is able to disclose information on the amount of time spent by the tribsters on Skype last year: that’s a total of 750 hours of chatting. The Good Tribe reunites about once a year. In the meantime, they just rely on their common understanding of how they want to do business.
Taking the high road means taking the long road
Designer Alexandra Poetz is The Good Tribe’s creative mind. Photo: Rupert PesslIn Sweden, Evelina and Michael agree, “organisations are one step ahead of those in Austria” when it comes to collaborating with social ventures like The Good Tribe. “I just pick up the phone and call everyone per du. There is no hierarchy like in Austria and far less bureaucracy,” says Evelina Lundqvist. That’s why they can already make a living out of selling their services in Sweden, while in Austria they are still struggling. The tribsters are also aware that the private consumers generate only a small amount of trash compared to governments and big businesses, even though the blame is almost always on them. So reaching municipalities and business people through their work is high on the priority list of The Good Tribe. Elephants are known for their endurance and that’s a good thing because it looks like this pink little elephant has a long way to go.