Cleantech Invest portfolio firm ResQ Club launches in Hamburg, Berlin, München and Kuala Lumpur

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Cleantech Invest portfolio firm, ResQ Club, of which Cleantech Invest owns 8.7%, today launches in Germany, starting in Berlin, Hamburg and München. Earlier this week the company started its Asian operations in Malaysia with over 30 restaurants supplying over the platform in Kuala Lumpur and the Klang Valley.

ResQ Club, accessible via mobile apps (IOS and Android) and a device-independent browser interface (https://resq-club.com/app), allows consumers to rescue fresh quality food that would otherwise have been thrown away. These surplus portions are sold via the app, always at a 40-70 percent discount. Since ResQ Club was launched in January, users of the service have now “resQ’d” more than 90000 portions from over 200 restaurants, hotels, cafés, and other food service venues. Including these launches, ResQ Club is now in five European countries, with more than 20 new restaurants joining on a weekly basis.

Germany is the most populous country in Europe and the cities now selected for launch are the three largest in Germany. In Malaysia, despite the challenging economy, over 15,000 tonnes of food is wasted every day, 3,000 tonnes of which could be used to feed two million people.

Tuure Parkkinen, CEO & Co-founder ResQ Club, comments: "9.5 months after our first launch in Helsinki, we have already resQd over 90,000 portions and accumulated 60,000 registered users. Even more importantly, we've learned a lot from our partners and active ResQ Club members. As a result, our service has evolved a lot, allowing for more flexible use and new payment methods.”

Parkkinen continues: “Now is a very suitable time to enter the bigger markets. Germany is an especially exciting country for the ResQ Club service: The value base seems to be a perfect match, and there are many types of food service providers to which we can deliver significant added value. We're also very curious to see how our service works in Malaysia, where both the culture and the structure of the food service industry differ notably from our earlier expansion regions in Europe."

Alexander Lidgren, CEO of Cleantech Invest and board member ResQ Club, comments: “Since I run our pop-up office out of Berlin this is exciting times for me. There are close to 5000 restaurants in Berlin alone and it is one of the most environmentally conscious and food-loving cities in Europe. I have been telling people about ResQ here ever since I got here and now I can finally show them how it works and tastes!"

About ResQ Club

ResQ Club is a service that makes it possible to save high quality food from ending up in restaurants dustbins. The service works with iOS and Android apps, or via a web browser (resq-club.com/app).

With ResQ everyone is a winner. Customers are able to buy good food easily at a low price and restaurants and cafes make money from leftover food. At the same time, everyone does the environment a favor by reducing food waste.

ResQ Club is currently active in 25 cities in Finland, Sweden, the Netherlands, Germany and Estonia and Malaysia. The service has over 60,000 registered users and more than 90,000 portions have already been “resQ’d”. The number of affiliated restaurants, cafés, hotels, and other food service providers is now at about 400 with over 20 new venues signing up every week.

The company was founded in 2015 and is owned over 80 percent by the employees, investors include Cleantech Invest, Itrim founder Martin Anderlind, and Peter Carlsson, formerly a VP at Tesla Motors. ResQ Club's headquarters are located in Helsinki, Finland. For more information, visit: www.resq-club.com 

ResQ Club introductory video from early 2016 is available at:
https://www.youtube.com/watch?v=EP00SiHJHAA 

Cleantech Invest in brief

Cleantech Invest is a Nordic accelerator with investments in growth companies that solve global challenges. The portfolio companies are active in energy- and resource efficiency as well as decentralized renewable energy and are based in Finland, Sweden and Germany. The company management consists of company builders and investors who have been active within the cleantech space for over a decade.The company is listed on First North Finland under the ticker CLEAN and on First North Stockholm under the ticker CLEANT A.

www.cleantechinvest.com

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Contact information:

Alexander Lidgren, Managing Director of Cleantech Invest Plc. Tel. 46 73 660 1007, alexander.lidgren@cleantechinvest.com

Tuure Parkkinen, CEO of ResQ Club, Tel 358 50 531 8115, tuure@resq-club.com

Access Partners Oy, Certified Advisor. Tel. 358 9 682 9500