Recycler's Exchange
About this raise
Recycler’s Exchange, with a valuation of $28.5 million, is raising funds on NetCapital. The company plans to take waste products and turn them into useful things like fuel, housing, insulation, and dirt. Recycler’s Exchange has six divisions and hopes to make communities all over the world more conscious and environmentally friendly. The company has filed a provisional patent with the USPTO for its Angler IOT and has trademarks for Box Spring Shed, Box Spring House, and Box Spring Home. Nicholas E. Paleveda founded Recycler’s Exchange in August 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2.45 million. The campaign proceeds will be used for a pyrolysis plant, land, building, a compost turner, a dump truck, a box truck, a garbage truck, workshop tools, industrial design, and compensation for managers.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 06/21/2024
- Close Date
- 09/20/2024
$10,000
$2,450,000
$100
Equity - Common
Early Stage
RegCF
$5.00
$28,500,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/20/2024 | Netcapital | $28,500,000 | $0 | Equity - Common | Not Funded | RegCF |