Pordenone, Friuli Venezia Giulia, 33170, Italia
Member Since 2022
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Circular Fiber SRL

About my Start-up

Circular Fiber is transforming the waste derived by the artichokes industry in edible flour rich in fiber and protein.
Circular Fiber is built on the idea to re-use the agro-food waste in order to bring a new concept of environmental sustainability for everyone’s daily life. The initial focus of the technical team is the waste derived by the artichokes industry. The waste will be enhanced and regenerated in edible flour which will then constitute one of the various possible finished products deriving from starchy products (i.e pasta, bread sticks, bread). There is a massive waste from the industrial transformation of the artichokes. Agricultural waste is at a value of 75% in case of the production of the “artichoke hearts”. One of the main objectives of the project is to promote interest in the circular economy through the enhancement of agri-food waste and the defense of the territory and its biodiversity.
The market opportunity we saw was to transform a highly perishable product, such as artichoke’s waste, into a product such as flour which, after an innovative manufacturing process, has a life span up to three years.

Why your idea is a “winner"?:

The artichoke has always been known for its purifying and digestive properties and its flour therefore fits well in a context of products dedicated to nutraceuticals.
Through the circular economy, we would like to bring innovative and alternative products to the market and make them (over time) usable by all.
The recovery and enhancement of waste to obtain new commercially useful products, is a pillar of the circular economy and global sustainability.

The company's products will consist of:
Product N°1: Artichoke flour from agro-industrial waste
The main potential attributes of our product and the innovation of the project are:
• the only flour extracted from artichoke waste fibers
• to be produced exclusively through the logic of the circular economy and general sustainability
• to have a very high fiber content
• to have a high content of vegetable proteins
• 100% gluten free, suitable for vegans and vegetarians
• to have a low glycemic index suitable for people with diabetes
• to have natural intrinsic sugars

Product N°2: Nutraceutical bio-products
The main potential attributes of nutraceutical products are:
• to have high content of vegetable proteins
• to have a very high fiber content
• to have a good level of Vit C, Vit K, Calcium, Iron and Zinc

What is your current or intended business/revenue model?:

The beachhead market initially is represented by the “special mill flours” for finished starchy products (i.e.: pasta, bread sticks, bread). The pasta industry represents one of the biggest sector of the Italian food industry in the global competition. To-date our products and our business idea are built carefully since all potential markets are extremely receptive. This could lead us to elaborate a strategic vision aimed at protecting the value of our company, its potential, its mission and its social impact.
The inspired model we aim is KAMUT International, the copyright and the protection of the trademark clearly identifies Kamut as specific special flour.
The products that can use artichoke flour will be:
• Dry pasta
• Fresh pasta
• Breadsticks
• Other baked goods

The main potential attributes of our product and the innovation of the project are:
• the only flour extracted from artichoke waste fibers
• to be produced exclusively through the logic of the circular economy and general sustainability
• to have a very high fiber content
• to have a high content of vegetable proteins
• 100% gluten free
• to have a low glycemic index suitable for people with diabetes
• to have natural intrinsic sugars

Do you have any Patent or IP registered (related to the solution that you are looking for an investment)?:

Circular Fiber has successfully filled and submitted an application for a Patent Copyright related to the process and a relative artichoke-based flour made from agri-food waste.
Application number: 102022000005624
Date: 22/03/2022

Has your technology already been implemented in any field/sector?:

Circular Fiber is using a disruptive new way for the production of the flour. We are using machineries from a different industry to realize our first line. Once the "Phase 1" is completely done we will have "mobile dry stations" to let us the business to be scalable and flexible.

Which market and customer need(s)/problem(s) is (are) your products(s)/service(s) going to solve?:

The market opportunity we saw was to transform a highly perishable product, such as artichoke’s fresh waste, into a product such as flour which, after an innovative manufacturing process, has a life span up to three years.
Our flour has in range 25-50% less Carbon Foot Print compared to ANY other flour on the shelves since our raw material is a waste that is going directly to the landfill. We aim to fulfill 5 Goals of the Agenda 2030 with Waste rigeneration and Zero Hunger.

Team members
Luca Cotecchia COO

Luca Cotecchia: He holds a Master’s Degree in Agro-Plant Biotechnology and a Master’s Degree in Industrial Biotechnology from the University of Naples Federico II; an MSc in Agriculture from University College of Dublin in Ireland. During his career he worked for 10 years abroad where I developed skills in the Agro-Pharmaceutical, Agro-Food and Industrial Biotechnology fields. He is currently a Management Consultant for Organization and Business Development, Biotech Mentor for the accelerator VeniSIA and co-founder of an innovative start-up MISE for the regeneration of industrial waste. Luca is one of the 10 winners of Federmanager’s “Young Manager 2019 under 40” award, included in the TOP 150 Young Italian Emerging Managers by the Capital magazine in 2019.

Nicola Ancilotto CEO

Nicola Ancilotto: Executive MBA (certified AMBA) at MIB di TS. Enthusiastic professional about his working life driven by data and the achievement of concrete results in wide-ranging sectors. Main experience in industrial plants and services, where he worked on the management of large orders, then specializing in consulting. Nicola has a strong passion for technologies and the food & beverage world to which he dedicates his free time. Autonomous in the management of the work itself and well organized. He worked abroad for a year, during his career as a Commercial Director and also developed skills as a Project Manager, very attentive to the budget and staff. He has always worked well under pressure and with tight deadlines and is comfortable working outside the comfort zone. He believes in the dynamic leadership process for the development of people and in the strength of the team managed in a synergistic way.

Trl
TRL 6 – technology demonstrated in relevant environment (industrially relevant environment in the case of key enabling technologies)TRL 7 – system prototype demonstration in operational environment
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Candidate Overview

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