RePlastic Recycle

RePlastic Recycle

Open  for investment

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.

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Investment Overview

Committed this round: $5,795

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
04/15/2025
Close Date
05/17/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Company & Team

Company

Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Cleantech
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

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$48,492

$17,300

COGS

$23,938

$15,604

Tax

$0

$0

 

 

Net Income

$-182,298

$118,597

Summary Balance Sheet

FY 2024 FY 2023

Cash

$-4,509

$-612

Accounts Receivable

$0

$0

Total Assets

$88,690

$96,218

Short-Term Debt

$2,515

$1,477

Long-Term Debt

$106,279

$75,600

Total Liabilities

$108,794

$77,077

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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
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Add to portfolio
RePlastic Recycle on Honeycomb 2025
Platform: Honeycomb
Security Type: Convertible Note
Valuation: $10,000,000

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