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7th September 2021 - 0 comments

OLIO raises $43m Series B to take a bite out of global food waste

OLIO, the community sustainability app, has announced a $43million Series B round to fund its fight against the $1.3trillion of food waste created globally each year.  Founded in London in 2015 by Tessa Clarke and Saasha Celestial-One, OLIO has amassed a user base of five million people. The app is used to give away unwanted food and other household items to neighbours, for free, with the aim of reducing waste in the home and helping people to consume more locally and sustainably. 

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