Amsterdam-based Seenons, a technology platform for circular waste management, has announced a strategic partnership with Fortino Capital.
The investment firm will join as the majority investor to support Seenons in its next phase of growth.
It includes scaling Seenon’s independent platform across Europe and accelerating its mergers and acquisitions agenda.
Fortino Capital is a European investment firm focused on rapidly growing B2B software solutions.
It manages three private equity growth funds and three venture capital funds. With offices in the Netherlands, Belgium, and Germany, Fortino supports exceptional and ambitious entrepreneurs across Europe.
“At Fortino, we support ambitious software entrepreneurs building the category leaders of tomorrow,” says Alexandra de Klerk, Investment Manager at Fortino Capital.
“Seenons has proven that impact and economics can go hand in hand, and we’re proud to support Joost and the team in taking this mission across Europe. The platform has all the ingredients to facilitate digital waste management, reduce costs, improve circularity, and assure compliance. We look forward to backing a team that combines vision with execution, in an increasingly regulated sector,” adds de Klerk.
The company’s existing investors will continue to support Seenons’ long-term vision of a waste-free world.
The announcement comes four months after acquiring CP Recycling Management.
Seenons: Empowering the circular economy
Founded in 2019 by Joost Kamermans, Jorn Eiting van Liempt, and Martin Kayser, Seenons has built a circular waste management platform that aims to ensure that residual waste does not end up in a landfill or the ocean, or is burned.
The Dutch company plays a crucial role in facilitating circular waste management for large enterprises, including Schiphol Airport, FrieslandCampina, and the Dutch Government.
In recent years, Seenons has made strong commercial progress in the Netherlands and Belgium and gained early traction in Denmark and Switzerland.
“We are thrilled to share this major milestone in our journey,” says Joost Kamermans, CEO of Seenons. “With Fortino as our majority investor, we are well-positioned to expand and build the most effective European platform for circular waste management. Our work with international customers has shown us the value of offering a comprehensive solution across the different countries our clients operate.”
Since the launch, Seenons has reduced more than 30 million kilos of waste.
The platform helps reduce waste costs significantly, while supporting clients in achieving net zero waste and proper compliance reporting.
The company currently operates across multiple European countries, orchestrating over 150 waste streams and collaborating with more than 200 partners across the entire waste chain, from collection and logistics to processing and reuse.
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