Innovakote utilizes a proprietary recycling process to extract and repurpose used powder coating into fresh, high-quality powder, effectively reducing waste in the powder coating supply chain. This technology addresses the annual release of 2 billion pounds of powder coating into landfills, helping manufacturers meet sustainability goals while lowering sourcing costs.
Funding
$20K 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 powder coating industry generates significant waste, with an estimated 2 billion pounds annually ending up in landfills. This waste contributes to environmental pollution and represents a loss of valuable material resources for manufacturers.
Solution
Innovakote provides a closed-loop powder coating solution by recycling used powder coating materials into high-quality, custom-colored, and industry-standard powders. Their proprietary recycling process extracts and repurposes waste powder, reducing the amount of powder coating sent to landfills. By utilizing recycled materials, Innovakote helps manufacturers meet sustainability goals, reduce their carbon footprint, and potentially lower sourcing costs. The company's services encompass on-site waste powder collection, processing at their facility, and delivery of customized recycled powder coating back to the client.
Target Audience
Innovakote's primary customers are manufacturers who use powder coatings in their production processes and are seeking sustainable and cost-effective sourcing options.
Features
- Proprietary recycling process for reclaiming and repurposing waste powder coatings
- Production of custom colors using up to 100% recycled materials
- Powder coatings that meet industry standards for performance and quality
- On-site waste powder collection and transportation services
- Closed-loop system that reduces waste and minimizes environmental impact