Humble Sustainability founders Niña Opida and Josef Werker
Filipino circular economy startup Humble Sustainability has raised US$750,000 in an oversubscribed seed round led by Seedstars International Ventures.
US-based early-stage VC firm iSeed Ventures; angel investors, including Alan Wong, Co-Founder of Jakarta-based B2B marketplace Ula; and Sagar Achanta, ex-Product Leader at Amazon, participated.
Top Filipino investors and entrepreneurs Paco Sandejas and Richard Eldridge also joined.
Humble will use the funding to expand its network of partners and buyers and grow its team, including hiring department heads. The company also plans to bring its tech development fully in-house and start work on long-term initiatives like a carbon footprint tracker.
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The startup was founded in 2021 by CEO Josef Werker and COO Niña Opida, who used their combined years of experience growing and scaling companies in the past to build Humble as a means to create a more sustainable Philippines.
It was started with a vision to create a community where any item can be brought back into circularity. Humble’s advocacy of “circular living” reduces waste from both ends by preventing items from being disposed of and decreasing demand for the production of new ones.
Humble helps some of the largest e-commerce, logistics, and retail companies in the Philippines make their returns and excess inventory the hero while extracting high value from the items for their clients.
As Humble continues to grow, it hopes to become a leader in circular economy and sustainability in the Philippines, with initiatives in mind like carbon footprint tracking, innovation grants, and raw materials extraction.
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