Olyns Recycling

United States - Santa Clara, California

• 09/05/2023
• Series A
• $4,000,000

Olyns innovates at the nexus of recycling and retail media.

Our dual purpose RVM Cubes, located at the entrance of popular retailers, provide convenient beverage container recycling to consumers and impactful advertising to brands. ‍

Our unique business model, which funds recycling through advertising, is profitable and scaleable, and delivers value to retailers, brands, and people. Host retailers attract foot traffic, meet state recycling regulations, and earn revenue from ad sales; brand advertisers reach consumers in-store, enhance their sustainability credentials, and access high quality recycled plastic; and people get convenient recycling, bottle deposit redemptions (in bottle bill states), and valuable rewards. ‍

Each of our RVM Cubes is capable of redirecting more than two metric tons of material each year, 91% of which would otherwise end up in landfills or oceans. By increasing beverage container recycling, reducing plastic pollution, and increasing the supply of high quality recycled plastic, Olyns helps fulfill its mission: accelerating the shift to a circular economy.‍

There are more than 140,000 locations where Olyns RVM Cubes could be installed in the U.S. alone. Our dual purpose Cubes are well suited to any high traffic location, indoor or outdoor, where consumers purchase, drink and discard beverage containers. This includes grocery stores, pharmacies, shopping malls, service stations, transportation hubs, cinemas, stadiums, and corporate and college campuses.

Related People

Philip StangerFounder

United States - Los Gatos, California,

We are hiring!

Please check the Careers page at:

https://www.olyns.com/careers

LinkedIn https://www.linkedin.com/in/philip-stanger-34624532/