Loop Circular has a business model based on the importance of promoting Repairing and Reselling and building Sharing Platforms, which stimulate to the transformation of consumer choices and their forms of consumption. The first application developed by the company allowed the reuse of school textbooks, which was later extended to childcare products. Loop Circular’s platform allows the reuse of childcare products, which are sold with certified quality at considerably lower prices. In the future, the goal is to expand the same business model to new product lines, namely geriatrics, sports, fashion, electronics.

Setor: IT
Website: babyloop.pt
Address: Praça do Comércio, nº 50,
3000-116 Coimbra

COINVESTMENT OPERATION:

Total Amount: 375.000€
SIF Coinvestment Amount: 225.000€
Coinvestors: Fundo Bem Comum
Stage: Startup
Region: Centre
Operacional Programme: COMPETE2020
Investment Date: July 2020

Sustainable Development Goals:

01. No Poverty04. Quality Education08. Decent Work And Economic Growth11. Sustainable Cities And Communities12. Responsible Consumption And Production

Coinvestors: