The startup specializes in chemical recycling services for post-use plastics, transforming difficult-to-recycle materials into valuable feedstock for new plastic production. By connecting waste collectors with recyclers, the company effectively diverts plastic waste from landfills and mitigates environmental pollution.
Funding
$135M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The current rate of plastic recycling is low, with a significant portion of plastic waste ending up in landfills or polluting the environment. Traditional recycling methods struggle to process mixed or contaminated plastic waste streams, limiting the types of plastics that can be effectively recycled.
Solution
10to90 aims to increase the recyclability of plastic waste by utilizing advanced recycling technology to process a wider range of plastic types, including those that are typically difficult to recycle. The company employs chemical recycling processes that break down plastics into their basic building blocks, which can then be used to create new, virgin-quality plastics. By partnering with Cyclyx, 10to90 is developing a system that can accept and process all types of plastic waste, diverting it from landfills and transforming it into a renewable resource. This approach aims to create a circular economy for plastics, reducing reliance on fossil fuels and minimizing environmental impact.
Target Audience
The primary target audience includes waste collectors, recyclers, and manufacturers seeking sustainable solutions for plastic waste management and the production of recycled plastics.
Features
- Advanced recycling technology capable of processing mixed and contaminated plastic waste streams.
- Chemical recycling processes that break down plastics into their basic building blocks.
- Production of virgin-quality plastics from recycled plastic waste.
- Partnership with Cyclyx to develop a comprehensive plastic waste management system.
- Takeback programs to divert waste plastics into the recycling system.