Santa Clara, United States
Olyns, founded in 2019, is a pioneering company based in the United States, strategically positioned at the crossroads of sustainability and waste solution industries. The company is committed to "Rethinking Recycling" by leveraging its innovative Recycling Media Cubes. These cubes are strategically placed at the entrance of popular retail locations, allowing consumers convenient access to beverage container recycling while simultaneously providing an effective advertising platform for brands.
The unique business model of Olyns, which integrates recycling funding through advertising, has proven to be both profitable and scalable, offering value to a range of stakeholders including retailers, brands, and consumers. The model helps retailers attract foot traffic and comply with state recycling regulations, while advertisers benefit from enhanced sustainability credentials and access to high-quality recycled plastic.
With over 140,000 potential installation locations in the U.S., Olyns is poised to significantly impact the reduction of plastic pollution and the shift towards a circular economy. The company recently secured a $4.00M Series A investment from Vanedge Capital on 08 May 2023, underscoring investor confidence in their innovative approach to solving pressing environmental challenges.
