Coffeeco Upcycle
Overview
Coffeeco Upcycle is a sustainability-focused company based in Patras, Greece, specializing in transforming coffee waste into valuable products such as skincare items and bioplastics. The company was co-founded by Alexis Pantziaros and Marios Vlachogiannis in 2021, both of whom are chemical engineers with a passion for reducing waste and promoting sustainability. As of 2025, Coffeeco Upcycle has successfully raised 715,000 as part of its 1 million seed round to accelerate its global expansion efforts.
Recent Developments
- April 2025: Coffeeco Upcycle announced the first close of its 1 million seed round, raising 715,000. The funding will facilitate its expansion into European and U.S. markets, focusing on enhancing its flagship Auraskin line of skincare products.
- 2025: Coffeeco has opened up 285,000 euros for additional investors, aiming to bolster its capabilities and expand its market presence further. The company is valued at 6.6 million following this latest financial milestone.
- March 2025: The company formed a strategic partnership with the Attica Group to incorporate upcycled coffee products in its fleet, emphasizing sustainable innovation on Greek passenger ships.
- August 2024: Coffeeco Upcycle launched a partnership with Public Café Restaurant, focusing on integrating its Auraskin skincare products directly within café settings.
- June 2024: Coffeeco participated in the World of Coffee event in Copenhagen, where co-founder Dr. Alex Pantziaros was a speaker, advocating for the use of upcycled coffee in various industries.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Patras, Greece |
| Founders | Alexis Pantziaros, Marios Vlachogiannis |
| Revenue | N/A |
| Profits | N/A |
| Key Investors | VDK Capital |
| Industry | Waste Management, Skincare |
| Number of Employees | 2-10 |
Early History
Coffeeco Upcycle was founded in 2021 by chemical engineers Alexis Pantziaros and Marios Vlachogiannis, who met during an innovation competition in 2016. The company emerged from their shared vision to address the global issue of coffee waste by upcycling it into high-value products. They recognized the potential in transforming spent coffee grounds, which are mostly discarded as waste, into useful products. By 2022, Coffeeco Upcycle had begun collecting significant volumes of coffee waste and developed a proprietary method to extract valuable compounds for the cosmetics and bioplastics industries.
Company Profile and Achievements
Coffeeco Upcycle operates on a sustainable business model where it collects coffee waste, primarily from espresso production, and converts it into skincare products and bioplastics. This innovative approach uses a proprietary extraction technology that is chemical-free, thereby producing materials that are environmentally friendly and commercially viable.
- 2018: The initial concept for Coffeeco was developed, leading to the creation of a unique process for extracting useful compounds from coffee grounds.
- 2021: Official founding of Coffeeco Upcycle for transforming coffee waste into consumer-ready products.
- 2023: The launch of the Auraskin line of skincare products, which quickly expanded to several international markets.
- 2024: Participated in various international events, enhancing its reputation as a key player in sustainable innovation.
Current Operations and Market Position
Coffeeco Upcycle is actively scaling its operations to meet the increasing demand for sustainable products created from upcycled coffee. The company currently processes over 10 tons of coffee waste monthly, aiming to double this capacity within two years. Its presence in key cities across Europe and North America positions it as a frontrunner in the transition towards a circular economy.
Coffeeco’s unique value proposition lies in its emphasis on sustainability and innovation, which has allowed it to carve a niche in the competitive skincare and bioplastics industries.
Related Topics
Coffeeco Upcycle Company Owner
Coffeeco Upcycle was co-founded by Alexis Pantziaros and Marios Vlachogiannis. The founders have played significant roles in driving the company’s mission of sustainability and expanding its market reach.
Coffeeco Upcycle Company In India
While Coffeeco Upcycle is primarily based in Greece, it is actively seeking to expand internationally, including potential entry into Asian markets such as India, where coffee waste is abundant.
Coffee Co Chocolate
Coffeeco Upcycle is not directly associated with the chocolate industry. However, its expertise in upcycled ingredients presents potential synergies for collaborations in creating sustainable chocolate products using coffee extracts.
Conclusion
Coffeeco Upcycle represents a compelling example of how innovative thinking and a commitment to sustainability can transform waste into valuable resources. As it continues to expand its operations, the company is well-positioned to lead in the circular economy space, providing sustainable solutions to industries globally. Its ongoing expansion and investment into new markets indicate a promising future for this pioneering company.