The Foxconn-backed municipal waste management software provider has raised $12m in a round led by Lifeline Ventures that boosted its total funding to more than $30m.
Enevo, a Finland-based waste collection analytics and services provider backed by contract electronics manufacturer Foxconn, has secured $12m in a funding round led by venture capital firm Lifeline Ventures.
Founded in 2010, Enevo has developed a software platform that helps cities manage their waste collection operations more effectively, devising optimal times and routes for waste collection based on sensors placed in dumpsters.
In tandem with the new funding, Enevo announced that it will now extend its waste and recycling management…
