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OLIO
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Developer of an app allowing users to share surplus food items with neighbors and local stores

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector food waste

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom London, United Kingdom
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Updated by Cleantech Group on 08/08/2024

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IPO INFORMATION

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Date Investors Type Amount
09/06/2021 VNV Global VNV Global , Lugard Road Capital Lugard Road Capital , Accel Accel , Octopus Ventures Octopus Ventures , Rubio Impact Ventures Rubio Impact Ventures , Jason Stockwood Jason Stockwood , Lord Waheed Alli Lord Waheed Alli , DX Ventures DX Ventures , Alumni Ventures Alumni Ventures , Flight Ventures Flight Ventures (10)
Post-money valuation of
Olio intends to use the funds to accelerate its international expansion plans, focusing on Latin American, Northern European, and Asian markets, and quickly grow its Food Waste Heroes Programme, which supports food businesses and restaurants around the world in their quest to achieve zero food waste locations.
Series B $43,000,000
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