i-Foria Italia has secured €1.7 million in seed investment to advance its revolutionary PAP waste recycling technology, with backing from Tech4Planet and MITO Tech Ventures.
Target Information
i-Foria Italia is an innovative startup focused on recycling waste generated from personal absorbent products (PAP). The company has successfully closed a seed investment round amounting to €1.7 million. This initiative is primarily backed by Tech4Planet, the National Technology Transfer Hub for Environmental Sustainability promoted by CDP Venture Capital, and MITO Tech Ventures, a venture capital fund established under Article 9 of the SFDR by MITO Technology.
i-Foria Italia has developed and patented a groundbreaking technology capable of recycling up to 100% of waste from personal absorbent products, such as diapers. This technology converts these materials into Secondary Raw Materials (absorbent material and plastic) suitable for reintegration into new production cycles. In doing so, i-Foria significantly contributes to the creation of a true circular economy, while adhering to stringent safety criteria and offering a pragmatic solution to the pressing environmental issue of PAP waste.
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Industry Overview in Italy
Globally, approximately 30 million tons of PAP waste are produced annually, equivalent to a continuous line of trucks stretching from Lisbon to Tokyo. Within Europe, this figure reaches 8.5 million tons, with
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Tech4Planet, MITO Tech Ventures
invested in
i-Foria Italia
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $2M