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 product lifecycle (e.g. through take-back) and comply with new regulations (e.g. Digital Product Passport).
At the heart 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 resale platforms, and tools for end-to-end traceability. Furthermore, innovative features allow customers to chat with products such as their running shoes or washing machine to learn about product features, repair, take-back, or resale.
The founding team has deep expertise and experience in the areas of digital technology and the circular economy. As a former digital transformation and AI expert at the Boston Consulting Group (BCG), Christian Adler has supported numerous companies in transforming their products and business models into the digital age. He studied Computer Science at LMU Munich and UC Berkeley and recently earned a degree in Circular Economy at Leuphana University. Alexis Gamboa gained his expertise in the development of advanced digital twins during his time at EY and while studying computer science at the Technical University of Munich and in his home country Costa Rica. The two met at the renowned startup forge CDTM (Center for Digital Technology and Management) in Munich where they also both studied. The team participated in the prestigious startup accelerators at UnternehmerTUM and UC Berkeley and has just joined the Silicon Valley-based B2B accelerator Alchemist, which has also invested in the company. 
