Create A Waste Management Ecosystem, This Waste Management Startup Successfully Obtains Funding

JAKARTA - Jangjo is a waste management platform, which connects all waste sorting stakeholders and aims to create sustainable waste management solutions with the concept of a circular economy. This startup has just managed to get seed funding from Darmawan Capital.

"The main problem with waste in Indonesia is that stakeholders are not integrated. Through Jangjo technology, we can connect stakeholders to provide effective solutions to waste problems," said Jangjo's Co-Founder & CEO, Nyoman Kwanhok in a written statement, Wednesday, February 16.

The stakeholders in question are waste producers (residents), waste carriers (operators), temporary waste shelters (hub), waste processors (industry). Jangjo currently has 2 main services: education on sorting and transporting sorted waste for the Jakarta area.

Residents who have been educated to sort their waste can use the services of picking up sorted waste for later recycling by the industry. Currently, Jangjo can distribute 55 kinds of products for recycling, including styrofoam, glassware, and even used cooking oil.

Residents will also get various prizes for each process of picking up the separated waste, ranging from e-wallet balances to new cooking oil. Through this investment, Jangjo targets to increase the recycling process by 20 times, as well as create a circular economy ecosystem through the Jangjo platform.

"Investing in Jangjo proves that the solid waste sector is starting to attract investors, both from an environmental and economic perspective," said Joe Hansen, Co-Founder & Commissioner of Jangjo.