Cleantech Invest increases ownership in ResQ Club

Cleantech Invest has participated in an internal financing round in its portfolio company ResQ Club. Cleantech Invest ownership was 8.7% before the investment and is 14.7% after the investment. Several other current owners also participated in the financing round.

ResQ Club’s business is at the heart of digital food, a rapidly emerging global megatrend that has already created multibillion dollar companies from start up’s and that continues to change the urban lifestyle around the world.

ResQ Club let’s you find meals that otherwise would go to waste at heavily discounted prices, giving users a possibility to purchase inexpensive high quality restaurant food, and at the same time get to know new restaurants. The company has shown solid and impressive growth month on month since its launch in January 2016.

Cleantech Invest CEO Alexander Lidgren and board member of ResQ Club:

"The market for rescuing perfectly good meals is more than 20 BNEUR in Europe alone and similar in the US. ResQ Club has now proven its business case reaching profitability in Finland and is replicating the growth in a selection of new cities. The attractiveness of the product, the positive environmental impact and the dedicated team of this company is all highly impressive.”

ResQ Club CEO Oula Antere:

"Our current focus is on growing internationally, we are off to a good start with our recent acquisition of Berlin-based Mealsaver and we are already seeing growth taking off in Germany. We have grown to 160 000 users and 700 active monthly providers since our start but we are only just tapping into this market.”

Contact information:

Alexander Lidgren, Managing Director of Cleantech Invest Plc. Tel. 46 73 660 1007, alexander.lidgren@cleantechinvest.com

Access Partners Oy, Certified Advisor. Tel. 358 9 682 9500

Oula Antere, CEO of ResQ Club, Tel. 358 45 1141 031, oula@resq-club.com

About ResQ Club

ResQ Club is a service founded in 2015 that makes it possible to save high quality food from going to waste. The service has over 160,000 registered users.  www.resq-club.com


Cleantech Invest in brief

Cleantech Invest is a Nordic accelerator with investments in growth companies that solve global challenges. The portfolio companies are active in energy- and resource efficiency as well as decentralized renewable energy and are based in Finland, Sweden and Germany. The company management consists of company builders and investors who have been active within the cleantech space for over a decade.The company is listed on First North Finland under the ticker CLEAN and on First North Stockholm under the ticker CLEANT A.

www.cleantechinvest.com

LinkedIn: https://www.linkedin.com/company/cleantech-invest-oy

Twitter: @CleantechInves1

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