CirculOil

 The name CirculOil is very good. At first glance, it can be seen that it is a company that allows oil to be recycled. Just like Foundersbacker, a company that helps founders at first glance, it is a good name!

We also start from the four points of investing in new ventures to analyze why I invest in CirculOil:

1. Pain points and markets:

a. Pain points:

60% of the waste oil is used to burn or dumped directly, which will have a great impact on the environment. For example, when we go to maintain motorcycles or cars, the oil is usually poured into a large iron bucket, and where does it go after that? No one knows, but it feels like it's not environmentally friendly.

b. Market:

The current market is weeding machines, but it is expected to enter generators and industrial motors in the future.

2. Solution:

There is a set of patented technologies that allow 100% complete recovery and reuse of these oils.

With the fundraising video attached, I saw 1:17 and knew I was going to invest:

https://vimeo.com/709549653?embedded=true&source=vimeo_logo&owner=174889189

3. Entry Barrier:

From this table, CirculOil's Feature is far superior to all competitors, and the advantage is very obvious.

4. Team:

a. Fouder & CEO - Steve Goodier has more than 30 years of working experience in the oil industry, all the way from an engineer to a senior manager, and before founding CirculOil, he had a failed entrepreneurial experience -> This qualification can only be described as unparalleled !

b. Co-founder, Circularity & Partnerships - Alessandra Scotese has been in contact with diesel engines since 2009, so she has more than 10 years of experience in the industry, and has been a colleague with the CEO since Castrol, and started a business together.

c. Co-founder of Investor relations - Andrew Gaule started his business in 2000 and has worked in a community of multiple investors, which is very suitable for helping CirculOil establish relationships with investors or institutions.

d. Co-Founder & Programme Delivery Manager - Alan Fraser, a partner the CEO has known since the days of BP.

On the whole, the whole team is not short of money at first glance, but they love this business very much, and this market is an oligopolistic market. I give them 4.5 stars. You are also welcome to leave a message and tell Arthur, see how many you think CirculOil can get. star!