LITTA secures £2m in Seed funding led by Beringea to scale its waste removal platform.
Beringea leads a £2m Seed round to help LITTA expand its digital waste collection services across the UK and internationally.
LITTA provides a digital platform for on-demand waste removal and ethical rubbish collection for consumers and businesses. The company seeks to address illegal fly-tipping and divert waste from landfills.
LITTA has secured £2m in Seed funding led by transatlantic venture capital firm Beringea. The capital will be deployed to expand the company footprint across the UK following recent launches in Birmingham, Manchester, and Glasgow, alongside further development of its technology platform and commercial waste services. The funding also prepares the business for international expansion as it tackles the growing issue of illegal rubbish dumping.
From the founder
"LITTA has digitised a notoriously archaic, poorly serviced market. By leveraging our technology platform, which is underpinned by AI, we are able to leverage capacity in the market to fulfil customer bookings, aggregating a highly fragmented market. Our technology allows us to work with trusted suppliers to service customers professionally and efficiently, introducing the on-demand service that millennials expect today."
Aaron Georgiou
CEO and Co-Founder at LITTA
Investor perspective
"The LITTA team have built a much-needed solution to the clunky, outdated and painful process of rubbish removal. Beringea’s investment is testament to the urgent need to provide consumers and businesses with a digital platform for waste collection, the demand amongst suppliers for an online channel for reaching customers, and the exceptional traction that LITTA has shown as a result."
Luke Edis
Investment Manager, Beringea
Use of funds
- 01Expand into international markets
- 02Continue product development