Candam

Smart waste management for a circular future

Resumen de la inversión

Categoría de impacto

Energía sostenible

Tipo de inversión

Préstamo

Interés anual

5.7

Plazo

meses

Nivel de riesgo

B-

Candam Technologies is a Barcelona‑based company that develops smart waste‑management solutions combining proprietary hardware, advanced sensors, software and AI. Its patented RecySmart platform identifies recyclable materials in real time, generates high‑value data for cities and companies, and engages citizens through incentive‑based systems that improve recycling performance. Candam's mission is to enable more transparent, efficient and circular waste systems, helping municipalities and businesses meet regulatory requirements while reducing environmental impact.

The company is seeking financing to support its working capital needs as it scales production and accelerates commercial deployment. The funds will be allocated to five areas:

Working capital for sales growth: to finance components and the production of new device batches, cover logistics and installation for ongoing contracts, and bridge long payment terms from public administrations and large accounts.
Equipment and IT: to acquire workstations for operational and commercial teams, testing and calibration tools, and productivity or cybersecurity software licenses.
Product and technology development: to support continuous improvements in firmware, hardware, and digital platforms, as well as certification and testing processes required for market compliance.
Commercial conversion activities: to support proofs of concept, client demonstrations, closing materials, participation in industry fairs, and business travel linked to contract execution.
Operational costs and reserves: to cover platform, legal, and insurance expenses, and to create a contingency buffer.

Candam’s technology integrates smart container devices, AI‑based material recognition, and a cloud analytics platform that provides real‑time insights into recycling behaviour and system performance. All hardware is assembled by specialised partners in Catalonia, while software development is done in‑house to ensure full control over data integrity and product evolution.

By improving how waste is identified, measured, and managed, Candam aims to help cities, companies, and citizens adopt more efficient and circular recycling systems.

¿Cuál es el impacto?

Contribution to reduce and prevent pollution: Candam’s RecySmart solutions aim to increase packaging recovery rates by incentivizing citizens’ to correctly dispose of waste in public and private settings. The technology is easily integrated within the public infrastructure and enables accurate identification of the waste deposited allowing for traceability and control of contaminants and offer loyalty programs of packaging return too. And in general, the system contributes to an increase of around 20% in the recycling rate and 97,7% of waste being correctly recycled, reaching over 2 million package units.

Improve waste management: The technology is able to improve the waste management of public and private agents due to characterization and recycling of different packaging, associated with incentives programs in which people take advantage of their recycling habits. Currently, Candam has over 9.000 users of their systems, and forecasts to reach 43 million users within the loan’s four years, with an average of 75 users per installed device and 211 tonnes of packaging correctly identified and recycled

Use of technology and innovation for a circular economy: Candam developed its solution in a way it can upgrade any regular waste bin into a Smart Bin through a validated multisensor technology capable of detailed material recognition, collection of learning data with artificial intelligence and use of citizen identification resulting in an efficient proof of disposal system, which is reliable, traceable and fraud-resistant to meet EU and national obligations. The loan will enable Candam to continue improving the sensors’ precision and data processing.

Creation of jobs: this loan will enable the promoter Candam to hire four new people for full-time and permanent positions.

Indicadores de impacto
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31500

CO2 avoided per year

jobs

created by our projects

Contribución a los Objetivos de Desarrollo Sostenible
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Sobre el promotor

About

CANDAM TECHNOLOGIES S.L.

Candam Technologies es una empresa española con sede en Barcelona, fundada en 2017 con el objetivo de mejorar la identificación, medición y gestión de residuos mediante la innovación tecnológica. La empresa desarrolla sistemas inteligentes de gestión de residuos que combinan hardware, software, sensores e inteligencia artificial para impulsar prácticas de reciclaje más transparentes y circulares.

Un elemento central del trabajo de Candam es RecySmart, una plataforma tecnológica patentada diseñada para reconocer materiales, recopilar datos de comportamiento y generar insights que ayudan a las organizaciones a comprender y mejorar su rendimiento en reciclaje. Sus dispositivos inteligentes utilizan técnicas acústicas, fusión de sensores y reconocimiento basado en IA para identificar envases con alta precisión, mientras que la plataforma en la nube procesa esta información para apoyar la toma de decisiones operativas y ambientales.

El hardware de Candam se ensambla con socios especializados en Cataluña, y todo el desarrollo de software se realiza internamente para mantener un control total sobre la arquitectura del sistema, la integridad de los datos y la evolución del producto. La empresa también colabora con socios tecnológicos europeos para reforzar sus capacidades de integración y avanzar en el desarrollo de IA de nueva generación.

Desde su creación, Candam ha ampliado su presencia a 11 países, desplegando miles de dispositivos en la Península Ibérica y otros mercados europeos. Su equipo reúne experiencia en IoT, machine learning, desarrollo de firmware y operaciones sostenibles.

El trabajo de Candam refleja un compromiso a largo plazo con el uso de la tecnología para mejorar la gestión de recursos y apoyar la transición hacia sistemas de residuos más eficientes y circulares.

Sitio web del promotor

Equipo

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Modelo de negocio
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