Collo, a pioneering Finnish startup, has successfully secured €5 million in funding. Their mission? To revolutionise the dairy industry by significantly reducing emissions.
This investment promises a transformative impact on dairy and beverage processes, aligning with global sustainability goals. Collo’s innovative technology has already gained the trust of leading industry players.
Collo has developed a groundbreaking IoT analyser designed to optimise liquid processes in dairy plants. This state-of-the-art technology utilises advanced sensor techniques, enabling real-time analysis and significant improvements in efficiency. By leveraging machine learning, this innovation supports dairy plants in their efforts to minimise emissions and conserve resources.
The €5 million funding round was co-led by Swedish SEB Greentech Venture Capital and Dutch investor FORWARD.one, joined by Scale Capital. This strategic investment empowers Collo to expand its reach globally, reinforcing the startup’s capacity to assist clients in achieving their emission reduction targets.
The potential savings are substantial. A typical mid-sized dairy plant can reduce raw milk losses by up to 8 million litres annually. Furthermore, it can cut CO2 emissions by up to 11 million kilos and conserve 35 million litres of clean water.
This growth phase allows Collo to scale operations, improve technology, and provide comprehensive support to its clients. The overarching aim is to facilitate the industry’s transition towards more sustainable practices.
Such precision is imperative for dairy plants to manage resources effectively and achieve stringent emission goals. Collo’s analysers are instrumental in enabling these enhancements.
The technology’s ability to reduce waste and enhance efficiency underscores its value to clients seeking reliable, scalable solutions.
Collo’s innovative approach to emission reduction and process optimisation marks a significant advancement for the dairy industry.
The infusion of €5 million in funding marks a pivotal moment for Collo and the dairy industry. With its cutting-edge technology, Collo is set to lead the way in sustainability.
This advancement not only supports industry players in achieving their sustainability goals but also contributes to a broader environmental impact.
