Analyst Report: Upgrade for access Phuc Labs Brings E-Waste Recycling to the Next Level

Phuc Labs’ technology, Vision Valve, sorts valuable minerals from e-waste, including copper and gold. But it has some risks to sort out.

Details
Company: Phuc Labs
Security Type: SAFE
Valuation: $18,000,000
Min Investment: $100
Platform: Republic
Deadline: Feb 7, 2023
$1,235,000
Léa Bouhelier-Gautreau - January 30th, 2023

A Gold Mine in the Trash

I’ve had my cell phone for five years. I know that is unusually long, and it shows. My phone’s performance gets worse every day. Most people change their phones every year or two to avoid that.

I get it, but I can’t help feeling concerned about the negative environmental impact of regularly changing smartphones, laptops, and other electronic devices. These devices use rare metals to function, like gold, palladium, copper, and silver. Unfortunately, obtaining these rare metals is very polluting. The process causes deforestation, erosion, and water contamination. And at the end of an electronic device’s life, it ends up as e-waste in a landfill, where it releases toxins that leach into the environment.

I hate thinking about that. Humans produced 53.6 million tons of e-waste in 2019 and will produce 74.7 million tons yearly by 2030. So I try to keep a good conscience by not overconsuming electronics. But my good deeds will not change the rare metals supply chain.

Hopefully, seeing the glass half empty or half full is a matter of choice — and startup innovation might help it look fuller. E-waste is actually a gold mine of opportunity. As you might know, extracting these metals from the planet is costly. And like anything rare, they have a high value on the market. The price of gold reached new highs in 2022, the price of copper is in its highest range, and palladium is twice more expensive now than in 2018.

If the e-waste from electronics — which includes those precious metals — could be sorted and recycled, it would provide a lot of value. That’s why I’m excited to introduce Phuc Labs to you. This startup has new technology that can get the most out of e-waste.

Pay Annually - save 17%

This content requires: Edge

Data-driven startup investment ratings, AI analyst reports, and portfolio company exit and failure tracking

$
30 /month
25 /annually
 

What's included

  • Everything in Free plus
  • Data-driven investment ratings and AI analyst reports
  • Advanced company search table (with ratings and reports)
  • Markets page filters and historical industry data
  • Startup investment exit and failure tracker

Recent Analyst Reports

Analyst Report
 
Teeccino Is Ready for Explosive Growth

Teeccino Is Ready for Explosive Growth

Teeccino, a coffee alternative, has achieved product-market fit and is looking for explosive growth in the coming years.

Teddy Lyons Teddy Lyons

Teddy Lyons

Analyst Report
 
Zencastr Tackles Advertising and Monetization Problems for Podcasts

Zencastr Tackles Advertising and Monetization Problems for Podcasts

Zencastr, despite having just a few months of runway, has an impressive product that solves some major pain points for podcasters.

Olivia Strobl Olivia Strobl

Olivia Strobl

Analyst Report
 
Skillest Brings Golf Amateurs and Pros Together in the Best Way

Skillest Brings Golf Amateurs and Pros Together in the Best Way

Remote golf coaching app Skillest is attracting a growing population of golfers with enthusiastic coaches and free advertising.

Teddy Lyons Teddy Lyons

Teddy Lyons

Take your startup investing to the next level with powerful data and expert analysis from KingsCrowd.

Get a free weekly Pitch Review!

Sign up for our 3 minute newsletter with fresh takes on the top-rated investments and key startup trends you should know.

We care about the protection of your data. Read our Privacy Policy.