Algramo

Founded in Chile, Algramo is a packaging solutions provider offering an innovative reusable container ecosystem. Its proprietary solution works through a combination of refill stations—which are IoT dispensing machines—and smart packaging. Users interact with the refill stations to dispense consumer products, such as shampoo, dishwashing liquids, and detergents, using smart packaging with technologies such as RFID tags to facilitate the refill process and eco-conscious product distribution.

As of March 2024, the platform claimed that users could save up to 30% by paying for the product, along with a one-time payment for the packaging.

Key customers and partnerships

As of February 2024, it enabled the reuse of over 750,000 pieces of packaging, with ~80 dispensers deployed in four countries. Its customers included Unilever, Clorox, Nestlé, Walmart, Target, and Lidl.

Funding and financials

In July 2021, the company raised USD 8.5 million in a Series A funding round led by Dalus Capital to expand operations internationally, with pilot projects underway in Jakarta, New York, Mexico, and London.

Key competitors: None comparable (Algramo is the only reusable packaging provider we have identified that specializes in IoT technology, focusing on refill stations in public spaces with smart packaging for environmentally conscious distribution.)