Munich Startup
LoopID

LoopID

LoopID develops digital solutions for the emerging circular economy that enable brands to develop profitable circular business models (e.g. recommerce), improve costs and customer loyalty throughout the entire product lifecycle (e...

Founded2024
Business ModelB2B
IndustryArtificial Intelligence
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About LoopID

LoopID develops digital solutions for the emerging circular economy that enable brands to develop profitable circular business models (e.g. recommerce), improve costs and customer loyalty throughout the entire product lifecycle (e.g. through take-back), and comply with new regulations (e.g. Digital Product Passport). The core of LoopID is its AI-powered Software-as-a-Service infrastructure for creating and managing semantic digital twins of physical products that comply with the upcoming EU Digital Product Passport regulation. The company’s solutions include secure take-back systems, innovative platforms for resale, and tools for complete traceability. Additionally, innovative features enable customers to chat with products like their running shoes or washing machine to learn about product features, repair, take-back, or resale.

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