RePlastic Recycle
About this raise
RePlastic Recycle, with a valuation of $10 million, is raising funds on Honeycomb. It is a purpose-driven environmental technology company that transforms plastic waste into valuable building materials. RePlastic Recycle designs and deploys AI-driven plastic recycling and manufacturing systems that use advanced near-infrared sorting, blockchain-based incentives, and robotic automation to collect, sort, and convert plastic waste into high-quality construction products. The company is actively working with NGOs, governments, and international organizations to deploy recycling systems and aims to reduce landfill waste, create jobs, and promote sustainability. Steven Chmura and Amy Bowler founded RePlastic Recycle in October 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for warehouse remodeling, purchasing a plastic shredder, and operating capital.
Investment Overview
Committed $5,795 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Frederiksted,
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
-
Revenue
-
$48,492
as of FY2024
- Monthly Burn
-
$15,192
as of FY2024
-
Runway
-
0 months
as of FY2024
- Gross Margin
-
51%
as of FY2024
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/17/2025 | Honeycomb | $10,000,000 | $5,795 | Convertible Note | Active | RegCF |