Tri’n’Collect raises €5M
TRI’N’COLLECT RAISES €5M TO CONSOLIDATE ITS POSITION IN INNOVATIVE CONSTRUCTION WASTE MANAGEMENT
Since it was set up 4 years ago, Tri’n’Collect has been revolutionising the management of construction site waste through source separation and the circular economy.
The environmental challenge posed by building site waste is urgent and pressing: there is no Planet B. Some buildings produce 100kg of waste per square metre built! With 46 million tonnes of construction waste generated every year, Tri’n’Collect is the solution that transforms this waste into tomorrow’s resources. Materials such as gravel, wood, plaster, glass, plastic and metals can be recycled, some of them endlessly, offering a virtuous alternative that reduces the exploitation of natural resources and the burying of waste.
Under the new AGEC law, every player in the construction industry is responsible for the waste they generate: to stop having waste mixed up in skips, Tri’n’Collect’s solutions support all construction professionals by sorting waste at source on site, reducing the amount of waste thrown away and not recovered, and increasing its reuse or recycling.
Financing an ambitious plan to develop new models and optimise waste recovery
“The renewed commitment of our historic investors and the arrival of the Banque des Territoires (in its own name, as part of its investment activity dedicated to waste) is a strong signal for our team and our customers. This fundraising, which welcomes new shareholders, will enable us to accelerate our development and strengthen our position as a major player in the circular economy,” says Quentin Charoy, Chairman of Tri’n’Collect.
These funds will enable Tri’n’Collect to support a bold development plan. Tri’n’Collect is accelerating its go-to-market in the selective dismantling and rehabilitation markets and is extending its activities to the Ile de France and Hauts de France regions. This geographical expansion is accompanied by the introduction of a new agency model, integrated into an ecosystem of players in the circular economy, with the aim of maximising synergies and collaboration.
The second objective focuses on improving recycling processes, which are at the heart of operations, in order to maximise the positive impact of the sorting station. Tri’n’Collect is fully aligned with the regulatory requirements of the AGEC law, positioning itself as a key player in the context of Extended Producer Responsibility (EPR) and the circular economy.
