5th January 2022
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ape2o, a company that is looking to eradicate bottled water waste by setting up a network of sophisticated vending machines for ‘on the go’ customers, has received investment from Henley Business Angels members as part of a total funding round of £500k. UK consumers buy 8 billion plastic water bottles a year, with 80% of them ending up in landfills or oceans. They then leach micro-plastics and chemicals in the water that people go on to consume. With bottled water customers also paying approximately £2 per 500ml (more than twice the comparative cost of petrol), ape2o provides a solution with its vending machines, without the need for plastic bottles and at a fraction of the price.
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