Let’s face it - when we’re standing in the queue at our fave local coffee house waiting for that all important morning espresso, we’re probably more concerned with how good the barista is than what happens to the café’s coffee waste. That however is not the case with the co-founders of our latest Startup of the Week, bio-bean.
These guys have managed to create an innovative and successful business from coffee waste.
bio-bean is a startup which recycles coffee waste and uses it to produce Advanced Biofuels.
It’s been calculated that London’s coffee shops and factories produce over 200,000 tonnes of coffee waste annually. bio-bean collects the used coffee grounds and transports it to a local processing plant.
There they have created an innovative method of processing this coffee waste into two types of Advanced Biofuel - biomass pellets and biodiesel.
These Advanced Biofuels are then in turn sold to businesses throughout London and are used for powering both buildings and transport, thereby providing a cheaper, cleaner alternative to traditional fuels - with the added bonus of being locally produced.
Although bio-bean is a startup with a focus solely on London at the moment, it is one where there is clear potential for expansion - not just throughout the UK, but indeed globally.
It is a startup which is certain to succeed - after all - our demand for advanced biofuels is increasing all the time as is our consumption of coffee. It’s a win win - wouldn’t you agree?
Like finding out about innovative startups? Why not check out our previous Startup of the Week?
The Startacus Startup of the Week is supported by Rackspace, the global leader in cloud hosting. Rackspace are committed to helping startups and through the Rackspace Startup Program they offer selected tech startups a whole host of benefits including 12 months free Rackspace Cloud Hosting and Services. Further details on the Rackspace Startup Program can be found here.