Resourcify in a €1M funding round backed by HTGF and the Innovationsstarter Fonds Hamburg.

Resourcify GmbH, a Hamburg, Germany-based SAAS develper of a cloud platform for digital waste management, completed a €1M ($1.3M) funding round.

The money was raised from German investors including High-Tech Gründerfonds and the Innovationsstarter Fonds Hamburg.

The proceeds will be used to further strengthen the market position in the digitization of recycling and waste management.

Resourcify, founded din 2017 by CEO Gary Lewis, built a platform called Mein Recycling, a cloud solution for digital waste management, which enables businesses to manage their waste, and recyclers to connect with their customers online.