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Cork waste-to-energy start-up raises €900,000 in seed funding

While the company did not disclose the total sum raised, industry sources indicate it has secured €800,000 in a funding round led by Business Venture Partners through its BVP EIIS Fund.

26 March 2024
5 min read

MyGug has developed an anaerobic digester that turns food waste into renewable energy and fertiliser

MyGug, the Cork-based food waste-to-energy start-up, has raised €900,000 in seed funding that it says will assist with its expansion into the UK and Europe.

The company, which has developed an egg-shaped anaerobic digester that turns food waste into renewable energy and fertiliser, has customers in food services and education settings in Ireland and is planning to grow its footprint abroad,

The latest funding round, which follows a pre-seed raise in February 2023, was led by BVP Investments with support from Enterprise Ireland. The State agency has identified MyGug as a “high potential start-up”.

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