Algramo

Algramo develops a smart reusable packaging and refill system for staple goods that uses RFID-tagged containers and mobile technology to reduce plastic waste and lower costs for consumers in Latin America. The company operates vending machines and mobile tricycle distribution points that sell non-perishable staples such as rice, beans, and detergent by the gram, enabling customers to purchase exactly the quantity they need while reusing smart packaging that contains RFID tags communicating product information to vendors for refilling. Through the Algramo mobile application, customers can locate nearby tricycles and distribution points, manage their packaging, and make purchases. The system eliminates single-use plastic packaging by creating a circular economy model where containers are designed for repeated use, significantly reducing plastic waste and the cost of goods for low-income consumers who benefit from purchasing in small quantities without the price premium typically associated with small-format retail. Algramo's IoT-enabled packaging platform tracks usage data, manages inventory, and creates a connected distribution network that brings affordable staples directly to communities. Founded in 2013 and headquartered in Santiago, Chile, Algramo has raised approximately $9 million at the Series A stage from investors including Start-Up Chile, Chivas Venture, Dalus Capital, Century Oak Capital, Closed Loop Partners, Angel Ventures, FEMSA Ventures, ImpactAssets, University Venture Fund, Volta Circle, and Capria.