Bonapp.eco Pitch & Q&A | FoodTech, Pre-Seed, Romania

​In the EU, nearly 57 million tones of food waste (127 kg/inhabitant) are generated annually with an associated market value estimated at €130Bn (Eurostat, 2022). This represents almost half of our food and is responsible for 10% of the the total CO2 emissions across the globe.

​Add to this the increased prices on food caused by the high inflation and we can probably agree that the outcome is not the best.

​Bonapp.eco is a FoodTech startups that takes on the challenge to fight food waste. They are building a mobile app that acts like a marketplace connecting users with local food retailers selling food that is approaching its expiration date, at a 50% to 80% discount.

​Why we love Bonapp.eco

• ​Addresses an important problem worldwide

• ​Traction: 100,000+ downloads since launch, 4,600+ orders, €26,000 GMV and €5,000 net revenue in Feb 2023

• ​Partners: 700+ affiliated locations, including Penny, Glovo, Starbucks, La Doi Pasi, Rompetrol, Cora, etc.

• ​Team: experienced founders and executives with great reputation

• ​Exit strategy: selling to top competitors such as Too Good To Go or Phenix

• ​Market: only in Romania 5M tons food go to waste, representing €1.3Bn

• ​Financing round: extension on the Pre-Seed backed by UP, Roca X, Early Game Ventures last year.

​​​We invite you to evaluate Bonapp.eco's upcoming deal. They'll be giving a presentation on their business, followed by a Q&A.

​​​​​Join us starting at 5PM EET on Wednesday, March 8.