Got some things to LIQUID8? This Indonesian re-commerce startup helps companies reduce waste by sourcing surplus goods and listing the excess stock for a discounted price on their platform. Now, they've just raised their pre-seed!
Investor check. SPIL Ventures, the venture capital arm of PT Salam Pacific Indonesia Lines (SPIL), a shipping and logistics firm, led the round.
🫗 1, 2, 3, LIQUID8
Ever wonder what happens to unclaimed delivery items or returned goods? Too much stock of a certain product?
Well, most of it usually ends up in a landfill—unless you work with LIQUID8.
Hello, less waste. LIQUID8 works with e-commerce platforms, logistics companies, and businesses to acquire excess inventories, dead stock, or used equipment.
Eco-friendly disposal. For items they have to throw away, LIQUID8 incinerates the goods and sends them to treatment plants.
✨ 2024 highlights
Last year, the company reportedly re-commerced over 2.1K metric tons of overstock and failed delivery e-commerce items.
💸 What’s with the $$$?
They’ll improve their e-commerce solutions to help more Indonesian MSMEs reduce waste.
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