Bower: Funding, Investors & Team (Sep 2026)
Bower® is a deposit solution for all packages or products. Bower® wants to reduce the number of packages or products that end up in the garbage and in the environment by giving the it a value in monetary terms in the form of a pledge/deposit – just like empty bottles and beer cans. This gives the consumer an incentive to recycle the package. Our world-unique position-based scanning technology enables consumers to receive a deposit value in their mobile phone when recycling their packaging at pinpointed places. Our solution can be connected to all sorts of packaging – everything from plastic bags to take-away mugs to products. There is no longer any need to invest in expensive reverse vending machines – instead, consumers are able to recycle at already existing recycling stations or at othe pinpointed locations selected by connected consumer brands. centivizing recycling with financial means is a proven way to increase recycling rates. Bower® is a mobile app that enables consumer brands to put a deposit value on their packaging – either in the form of money or points. By doing so, they take a greater responsibility for their packaging and, at the same time, get a direct relationship to their end-consumers through the app. To create a deposit system is simpler than it sounds. There is already a habitual behavior to visit deposit stations. Bower® only reinforces this behavior by giving incentives to actually visit the deposit station.
Bower has raised $6.4M across 2 funding rounds on record, the most recent an undisclosed round of $1.9M announced in Nov 2023.
That round is below the $4.0M median round size for Gaming companies tracked on FundedIQ over the last two years.
Bower Company Profile and Key Stats
Latest funding round on record: Nov 2023.
Bower Funding Rounds
Bower raised $4.5M in a Series A announced in Mar 2022.
1.7 years later, an undisclosed round of $1.9M was announced in Nov 2023.
Bower Founders and Leadership Team
Contact details for the Bower team: 2 of 2 have an email address on file.
Start 14-day free trial →Bower Funding Compared to Other Gaming Startups
Bower's latest round of $1.9M is below the median round in Gaming. Medians cover the last 24 months of disclosed rounds.
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Bower Funding FAQs
What does Bower do?
Bower® is a deposit solution for all packages or products. Bower® wants to reduce the number of packages or products that end up in the garbage and in the environment by giving the it a value in monetary terms in the form of a pledge/deposit – just like empty bottles and beer cans. This gives the consumer an incentive to recycle the package. Our world-unique position-based scanning technology enables consumers to receive a deposit value in their mobile phone when recycling their packaging at pinpointed places. Our solution can be connected to all sorts of packaging – everything from plastic bags to take-away mugs to products. There is no longer any need to invest in expensive reverse vending machines – instead, consumers are able to recycle at already existing recycling stations or at othe pinpointed locations selected by connected consumer brands. centivizing recycling with financial means is a proven way to increase recycling rates. Bower® is a mobile app that enables consumer brands to put a deposit value on their packaging – either in the form of money or points. By doing so, they take a greater responsibility for their packaging and, at the same time, get a direct relationship to their end-consumers through the app. To create a deposit system is simpler than it sounds. There is already a habitual behavior to visit deposit stations. Bower® only reinforces this behavior by giving incentives to actually visit the deposit station.
How much funding has Bower raised?
Bower has raised $6.4M across 2 rounds on record. The most recent is an undisclosed round of $1.9M announced in Nov 2023.
When did Bower last raise funding?
Bower's most recent funding round on record is an undisclosed round of $1.9M, announced in Nov 2023.
Who founded Bower?
FundedIQ lists Berfin Mert (Founder) at Bower.
Who is the CEO of Bower?
Suwar Mert is listed as CEO at Bower.
Where is Bower headquartered?
Bower is based in Stockholm, Stockholms Lan, Sweden.
How many employees does Bower have?
Bower is in the 11-50 employee band.
How does Bower's funding compare to other Gaming startups?
Bower's latest round of $1.9M is below the $4.0M median round size for Gaming companies on FundedIQ across 563 tracked companies over the last two years.
About FundedIQ's Bower Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bower is left off this page rather than filled in.
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