This startup manufactures panel boards from waste cardboard and packaging materials, which are refined with virgin and recycled timber fibers to create a construction material that eliminates the need for glues or resins. By repurposing materials that would otherwise contribute to landfill waste, the company provides a sustainable alternative for applications in construction, furniture, kitchens, and flooring.
Funding
$6.9M 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 construction and furniture industries rely heavily on wood-based panel boards, contributing to deforestation and significant waste generation from discarded cardboard and packaging materials. Traditional panel board manufacturing processes often involve the use of glues, resins, and toxic chemicals, posing environmental and health concerns.
Solution
Neverwaste manufactures high-performance panel boards entirely from waste cardboard and packaging, offering a sustainable alternative to wood-based products. The patented process refines and modifies the fibers of waste cardboard, eliminating the need for glues, resins, or toxic chemicals. The resulting material is a premium-specification panel board suitable for various applications, including construction, furniture, kitchens, and flooring. Neverwaste promotes a circular economy by enabling the take-back and remanufacturing of its panels into new sheets, reducing waste and conserving natural resources.
Target Audience
The primary target audience includes construction companies, furniture manufacturers, kitchen designers, and retail fit-out businesses seeking sustainable and high-performance alternatives to traditional wood-based panel boards.
Features
- Patented process using refined and modified waste cardboard fibers
- High-performance characteristics comparable to wood-based panel boards
- Perfectly flat and smooth surface suitable for machining using standard methods
- Heat and water resistant properties
- Closed-loop system enabling take-back and remanufacturing of panels
- Manufacturing process powered by 100% renewable energy