iNEX Circular, the first online platform dedicated to circular economy and recycling for businesses, has today launched iNEX Sourcing to track materials for hand sanitiser production, including bottles and ingredients, to support the fight against COVID-19 in France.
Mandated by the French Directorate General for Enterprise and Industry (DGE), the Regional Health Agency (ARS) and the Chambers of Commerce and Industry (CCI), Paris-based iNEX Circular has created the platform to help hospitals and businesses source personal protective equipment.
iNEX Circular created this platform with one objective: to speed up production and ensure the supply of hydroalcoholic gel to hospitals. Concretely, users connect according to their profile:
As for manufacturers of hydroalcoholic gel, they can easily identify distributors and producers of these raw materials, as well as companies with unused stock due to production stoppages, and get in touch to obtain the products they need for their own production.
This is the other benefit of this platform: providing the DGE, the ARS and the CCIs with an overview of stocks and all of the companies listed in order to be able to organise logistics and quickly identify areas under strain.
Olivier Gambari
Backed by EIT InnoEnergy, Europe’s sustainable energy innovation engine, iNEX Sourcing uses machine learning and data mining from more than 800k companies and 1M pages of data to compile its database. Specialising in the identification and qualification of waste for recyclers and manufacturers, the Parisian start-up quickly adapted its tool and used its technology to provide this information in record time.
Partnering with iNEX Circular is another EIT InnoEnergy start-up, Glowee, which will provide five full-time staff to help check the information that feeds into the database.
Just 4 days after its launch, the platform has already identified in eastern France:
And this is just the beginning!
Olivier Gambari, CEO of iNEX Circular.
Following several successful projects with Veolia, Engie and GRDF, iNEX Circular has recently received a €200,000 investment from EIT InnoEnergy. The company plans to use the investment to expand across Europe into Belgium, Germany, Spain, Italy and the Netherlands.
Richard Biagioni, CEO of EIT InnoEnergy France