Algramo

Based in Santiago, Chile, Algramo operates a circular retail platform and IoT-connected vending machines that dispense essential household products, such as cleaning supplies and food staples, in bulk into reusable RFID-tagged containers. The company partners with neighborhood stores and major supermarket chains to deploy its dispensing stations, reaching over 325,000 end-customers and 50,000 active users across approximately 4,400 retail locations. Algramo has raised over $11 million in total funding, including a Series A round led by Dalus Capital, to finance its international expansion into markets including the United States, the United Kingdom, and Indonesia. The platform generates revenue through direct retail sales and technology licensing agreements with global consumer brands and corporate partners, including Unilever, Nestlé, Walmart, and Closed Loop Partners. The retail technology enterprise was founded in 2013 by José Manuel Moller and Salvador Achondo.