06 May 2025
Rekosistem Raised US$7 Million Series A to Transform Indonesia’s Waste Supply Chain
JAKARTA, INDONESIA—Rekosistem, an Indonesian waste supply chain management company enabling the circular economy, today announced the completion of a US$7 million Series A round of financing led by Saratoga Investama Sedaya and K3 Ventures, with participation from AppWorks, Skystar Capital, Bali Investment Club (BIC), Orvel Ventures, and Michael Sampoerna’s Office.
Founded in 2021, Rekosistem is a climate-tech company enabling the circular economy through advanced waste supply chain management. Rekosistem leverages a proprietary waste management operating system and mechanization to transform waste into valuable materials; covering collection, sorting, treatment, and processing to maximize the recovery of reusable and recyclable materials while minimizing the flow of waste into the environment. Rekosistem aspires to empower communities, addressing systemic issues in the waste supply chain to build a circular economy that improves the environment and creates economic value through waste recovery.
For waste collection, Rekosistem utilizes a B2B and B2B2C approach, providing mobile and web applications that offer responsible and zero-waste management services to residential, commercial, and municipality facilities. These services ensure that waste is efficiently collected and transported to material recovery facilities, for further treatment to process into valuable resources, while reducing waste accumulation in landfills and waste leakage to form an end-to-end supply chain. Since its launch in 2021, Rekosistem has delivered impressive business growth, achieving a compound annual growth rate (CAGR) of 442% through the end of fiscal year 2024, establishing the company as one of the fastest-growing circular economy technology players in Indonesia.
Rekosistem offers three core services, including: (1) Standard waste transportation services; (2) Waste sorting for recycling and generating economic value; and (3) Corporate programs to help achieve waste-free targets and reporting compliance in adherence to Environmental, Social, and Governance (ESG) guidelines. Through these three core offerings, As of March 2025, Rekosistem serves over 90,000 households and individual users, along with more than 200 business clients. The company manages 4,500 tons of waste per month and processes over 3,500 tons through its operations across 15 Reko Hubs, 40 Reko Waste Stations, and over 600 Reko Mitra Locations. The company’s customers include Commercial Real Estate Developers and Operators, Consumer Goods Producers, Corporate Brands, as well as Recycling Material & Product Manufacturers. Notable partners include Danone, Procter & Gamble, Nestlé, L’Oreal, Beiersdorf, Toyota Astra Motor, Ciputra Development, and Astra International, among others. In terms of environmental impact, Rekosistem has saved over 75,000 metric tons of CO2 to date by replacing virgin materials with recycled materials and preventing environmental pollution through responsible waste management operations.
“Securing this round of funding marks another significant milestone in Rekosistem’s journey. With the continued support from our investors, we are poised to accelerate our mission of transforming waste management into a more sustainable and circular model. This investment will serve as a great leverage to drive exponential growth for the greater good of Indonesia’s waste management industry through strategic expansions and enhanced waste recovery digital ecosystem and mechanizations. We are excited to collaborate with our partners to innovate and build a future where responsible consumption and production are at the heart of every community, driving the transition toward a zero-waste ecosystem in Indonesia and the region,” said Ernest Layman, Co-founder and CEO, Rekosistem.
With this round of financing, Rekosistem plans to increase the company’s waste management capacity. To achieve this goal, the company will develop its next generation waste management operating system, implement wide-scale machine learning and automation, dedicate resources to advancing waste-to-materials technologies, and increase the number of material recovery facilities (Reko Waste Stations, Reko Hubs, and Reko Mitra Locations).
Rekosistem will expand the types of waste it can process into reusable and recyclable materials (>70% types of waste), expand waste management coverage to more cities beyond Java, and provide a robust Extended Producer Responsibility (EPR) program for Brand Owners.
“Rekosistem represents a strategic addition to Saratoga’s core investment pillars, particularly within Green Economy and Renewable Energy. Through technology-driven waste recovery and scalable operations, Rekosistem is positioned to contribute meaningfully to Indonesia’s circular economy. We believe Rekosistem has strong potential for sustainable growth, and we look forward to supporting their next phase of development,” said Devin Wirawan, Investment Director, Saratoga Investama Sedaya.
“Rekosistem has emerged as a leading player in Indonesia’s highly fragmented waste supply chain—an industry ripe for disruption. They’ve built a strong foothold across both supply aggregation and demand distribution, a testament to their on-the-ground execution that puts them ahead of the curve. What stood out to us is how this opportunity blends solid economic fundamentals with meaningful ESG impact—an alignment that sits at the heart of our investment philosophy at K3. We’re thrilled to partner with them on this journey,” said Nicholas Tyson, Investment Principal, K3 Ventures.