CCTA18: ImpactAim Accelerator Participant
Secos aims to create smart bins by equipping trash receptacles with innovative technology that measures the trash fill level, notes the bin's location, and communicates this data to a cloud service. The data is then analyzed and transmitted to a digital map, where garbage truck drivers can see optimal trash collection routes. The solution is unique and the first one in the region.
The Business Value:
According to Secos's research, approximately 1000 tons of garbage are being collected in Yerevan daily, a city with a population of only 1 million. To collect this garbage, there are 700 truck routes daily, costing $25 each. Secos aims to save 40% of this cost with their innovative technology, saving more than $150,000 per month.
The Social Value:
Thanks to Secos's solution, the problems facing garbage management will be greatly reduced. Citizens of Yerevan and visiting tourists will no longer be exposed to the unpleasent sights and smells of overflowing trash bins.
Secos won third place in the 2019 Climate Change Tech Hackathon.
Year founded: 2018
Countries: Yerevan Armenia
Sector: Urban agriculture
- Tigran Balyan, CO-Founder
- Gevorg Margaryan, CTO
- Edgar Hayrapetyan, SMM
No of employees: 5