Dcycle, a startup whose environmental intelligence tool is capable of measuring and reducing the carbon footprint of companies, has successfully closed an investment round of one million euros in which Angels, an investment company owned by Juan Roig, Draper B1, Ship2B Ventures and BStartup from Banco Sabadell. The operation will allow Dcycle to improve the product and push the sales and marketing strategy.
“We are very proud to have the support of investors of this level, this operation will give us the necessary impetus to increase the team and improve the product already validated by more than 80 clients, companies from all over Spain that are automating their sustainability management simply and quickly”, says Juanjo Mestre, co-founder and CEO of the startup.
In addition to the platform, Dcycle has a marketplace that offers its customers – who are from different sectors such as fashion, services, health, etc. – third-party products that help them reduce the environmental impact of companies.
“What is not measured cannot be improved, and Juanjo and his team have proven capable of bringing, with their proposal, the measurement of environmental impact to any small and medium-sized company in an easy, attractive and sustainable way”, assures Pepe Peris , CEO of Angels.
“The measurement of the environmental impact is one of the main challenges of our companies, and from the Dcycle team they are being able to generate value through data walking towards a more sustainable future”, comments Raquel Bernal, Managing Partner of Draper B1.
Juanjo Mestre, together with his partners Jacobo Umbert and Luis Escámez created Dcycle in 2020, a year later they entered Lanzadera to be accelerated, always with the idea of giving another meaning to sustainability. The team has already been joined by 12 professionals who are experts in design, marketing, software, data science and artificial intelligence.
Now, with this round of investment, they are going a step further with the support of relevant investors and also backed by the Neotec Program, promoted by the Center for Industrial Technological Development (CDTI).
Dcycle offers a technology that has always been linked to large companies and that, from now on, is available to any organization that wants to integrate it into their growth strategies.
Its tool allows to measure the carbon footprint and the impact of the products of the companies. In addition, it offers to offset your footprint, make reduction plans and obtain reporting reports automatically. To do this, they rely on technology and Artificial Intelligence to offer a common understanding, automate processes and thus have an analysis of the impact in real time.
The objective of Dcycle is to squeeze the value of the data that companies have to achieve more efficient and sustainable operating models, in a simple, productive and guided way. Through its technology, it solves the problems that are continually found in the industry: they simplify the collection of information, apply methodologies to compare results, automate processes to reduce costs and avoid errors and, most importantly, it ensures that companies from all over the world type and size can access an effective solution. In just 3 steps, Dcycle gathers all the relevant environmental impact information for your business and reduces it.
The investment company Angels forms part, together with EDEM Escuela de Empresarios and the startup incubator and accelerator Lanzadera, of the Marina de Empresas entrepreneurship pole. It is an initiative of Juan Roig located in the Marina de València whose mission is to train, advise and finance entrepreneurs of today and of the future and which constitutes a commitment to the creation of wealth, employment and the promotion of culture of entrepreneurship.
Angels aims to invest in entrepreneurial leaders to build sustainable businesses and connect them with investors. It offers a management model based on the Total Quality Model, its network of contacts, as well as all the necessary infrastructure to accompany the entrepreneur, starting with the facilities located in Marina de Empresas. Since its inception, Angels has invested more than €32 million in 39 companies. With this operation, there are currently 26 investee companies.