Modoru (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
Problem Statement F&B chains are struggling to build circular reusable packaging systems that drive customer adoption. Two main reasons. Current solutions are inconvenient to use or standard, creating extra friction for customers and operators. This has resulted in reusable adoption levels of less than 10% - much less than the 30% target for F&B chains to warrant serious investment, and make a genuine impact on reducing CO2 emissions in the long term. Secondly, F&B chains lack access to data and insights on the performance of the reusable system, hence unable to monitor its impact on CO2 emissions, Inventory, Return logistics and more. Solution Modoru helps F&B chains build fully customised, frictionless and data-driven circular reusable packaging systems. We provide a fully customised infrastructure of software, hardware and logistics, that results in seamless and completely frictionless circular reusable packaging systems. We provide access to comprehensive data in real time - ESG, Inventory, Return logistics and more. This helps F&B chains improve operations, increase customer engagement - and even produce an ROI. Goal. Build the world’s most innovative and effective circular reusable packaging systems that customers love, drive real results to CO2 reduction and grow bottomline profits.

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