Updated Mar 30, 2019

IoT Vending machine / hypo-durable reusable 'packaging as a wallet' to eliminate FMCG packaging waste

https://www.algramo.com

Brian Bauer

We are working directly with global FMCGs to create game-changing packaging and distribution system to enable FMCG brands to sell products for reduced costs, in a manner that eliminates packaging waste, while maximizing customer convenience.

Packaging as a wallet, IoT connected vending machines-both enabling cashless purchases of FMCG products with bulk prices regardless of the quantity purchased. This system virtually eliminates packaging waste from FMCG supply chains and ensures over 90% of packaging is recycled at the end of its long, long life. Packaging designed to last 5+ years and ideally hundreds of refills.
Packaging as a wallet, IoT connected vending machines-both enabling cashless purchases of FMCG products with bulk prices regardless of the quantity purchased. This system virtually eliminates packaging waste from FMCG supply chains and ensures over 90% of packaging is recycled at the end of its long, long life. Packaging designed to last 5+ years and ideally hundreds of refills.
SEE LESS

Stage 5: Scaling

Our network of 1,900 family owned stores spread across Santiago de Chile now reaches ~350,000 end customers. This has brought Algramo to operational breakeven. Now we are co-developing next-gen technology with FMCGs to co-brand Algramo-FMCG products.

Focus Areas:

Climate Change and Resilience, Waste Management and Economic Empowerment

Climate Change and Resilience, Waste Management and Economic EmpowermentSEE LESS

Implemented In:

Chile

ChileSEE LESS

1
Country Implemented In
350,000
Customers
25
Employees
$800,000
Funds Raised to Date
Verified Funding
?

Problem

Virtually all FMCG products rely on single use packaging. We offer a solution that uses smart IoT connected vending machines and smart RFID/NFC packaging to eliminate packaging waste from FMCG product distribution. We do this in a manner that increases customer convenience while significantly lowering product cost.

}

Solution

Game changing smart packaging and IoT connected vending machines that allow for cashless payment that virtually eliminates packaging waste for fast moving consumer good products. We are doing this working directly with FMCG brands so our technology is customized for their products.

Target Beneficiaries

FMCG's who sell their products, co-branded with us enjoy significant competitive advantages. Customers get products for lower cost, with more efficient and convenient consumption. The environment benefits by not being flooded with oceans of plastic packaging waste.

Mission and Vision

We keep packaging in the economy and out of the environment so we can reduce the costs of life's essentials.

Competitive Advantage

Products from global brands at the lowest possible cost-aiming to always be significantly below conventional retail prices-largely due to eliminating packaging costs. We are also providing an Uber Eats like delivery service, via electric tricycles, for FMCG products.

Planned Goals and Milestones

Customize our technology with at least 5 global brands by the end of 2019. By end of 2019, have electric tricycle delivery fleet in Santiago that can reach 350,000 new customers.
Funding Goal2,000,000
Projected Cumulative Lives Impacted600,000
New Implemented CountriesNetherlands, Mexico, United Kingdom
Recruit3 management, 2 board
New FeatureDevelop worlds first packaging as a wallet system and scale it into brands that reach 20+ million customers

The Team Behind the Innovation

https://www.linkedin.com/in/josemanuelmoller/ Jose Manuel Moller CEO https://www.linkedin.com/in/brian-bauer-chile/ Brian Bauer Circular Economy & Strategic Alliances https://www.linkedin.com/in/priyanka-khanna-circular-economy/ Priyanka Investment & Expansion Strategy https://www.linkedin.com/in/franciscodiazcarvallo/ Francisco GM of operations Chile https://www.linkedin.com/in/juan-garcia-santana-914b2775/ Juan Garcia VP Sales Force Additionally, our CEO has a deep network of advisors

Milestone

Sep 2019
Funds RaisedVERIFIED
$10,000
TYPEGrant
FOCUS AREAS
Waste Management
Implemented InChile
Mar 2019
Recognition ReceivedPENDING
Date Unknown
New Country Implemented In
Chile