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ClimateB2BManufacturingPre-Seed

GreenCycle

Biodegradable e-commerce packaging that disappears in 6 months

πŸ“ Vancouver, BCπŸ“… Founded 2023πŸ”— greencycle.ca

GreenCycle makes packaging for e-commerce brands that holds up to 50kg, costs within 15% of traditional plastic at scale, and fully decomposes in under six months. We have 15 DTC brands in active pilots, two letters of intent from mid-tier retail partners, and full ASTM D6400 compostability certification received October 2024.

Raised so far
$78,000 of $300,000
Investors
162
26% fundedMin. $50 Β· Zero investor fees
Annual Recurring Revenue
Pre-revenue
Monthly Recurring Revenue
Pre-revenue
MoM Growth
Pre-revenue
Paying Customers
None yet
Total Users / Pilots
15
Net Promoter Score
68
Higher = more loyal
Runway
11 months
Monthly Burn
$12,000
Total Addressable Market
$40B
Serviceable Market
$3.5B
Team Size
3 FT
Valuation
$2.8M
The Problem

E-commerce generates 165 billion packages annually worldwide. Most conventional packaging ends up in landfill and takes 20–500 years to break down. Existing sustainable alternatives cost 30–80% more than plastic, lack durability, or can't scale to retailer volumes.

The Solution

Three years of R&D produced a bio-polymer that is compostable, commercially durable, and manufacturable at scale. The same box your customer receives today β€” but it turns into compost in six months.

🎭

"What would you still be building if you knew it would take 10 years?"

Climate solutions always take longer than you think. But we're not building a startup β€” we're trying to make sustainable packaging the default option, not the premium one. That goal is worth ten years.

β€” Emma Wilson, CEO

GreenCycle's bio-polymer material was developed over three years of materials science research at MIT. It passes ASTM D6400 compostability standards and withstands a 50kg dynamic load. At 100,000 units per month, our cost of goods is estimated at $0.12 per unit β€” within 15% of standard LDPE plastic.

15 DTC brands in active paid pilots. 99% pilot satisfaction. Zero customer churn from pilots. Two letters of intent pending from retail partners (~400k units/year combined). ASTM D6400 certification received October 2024.

Criteria used by early-stage investors (YC, Sequoia seed, BDC Capital) to evaluate pre-seed companies.

CriterionStatusValueNote
ASTM D6400 certificationβœ“βœ“ ReceivedOct 2024, US + Canada
Pilot satisfactionβœ“99%Across 15 active pilots
Patents filedβœ“15 filedNot yet granted
Revenue / MRRβœ—$0Pre-revenue; pilots not yet paid
Lead investorβœ—None yetSeeking lead for this round
Runway~11 monthsTight; raise is time-sensitive
βœ“ Strong~ Developingβœ— Concern

Tap any milestone to see details.

Emma Wilsonage 35
CEO & Co-founder Β· Ex-Tesla Β· Sustainability Lead

Eight years at Tesla leading North America sustainability and supply chain. Oversaw $200M+ in vendor contracts.

Harvard MBATesla 2015–2023
David Kimage 38
COO Β· Ex-Amazon Β· Operations & Supply Chain

Twelve years at Amazon managing fulfillment and packaging supply chain. Oversaw $80M+ in packaging vendor relationships.

Wharton MBAAmazon 2012–2024
Lisa Zhangage 33
Head of R&D Β· MIT PhD Β· Materials Science

PhD in Materials Science from MIT. 15 patents filed across biopolymers and composites.

MIT PhD15 patents filed

A mid-tier Canadian retailer has issued a Letter of Intent for ~200,000 units/year pending pilot extension.

Our material now holds official US and Canadian compostability certification.

🧠

"Explain your startup like I'm 12"

You know how a banana peel turns into dirt in a few weeks? We make boxes that do the same thing. Same strength as your regular Amazon box. But instead of sitting in a garbage pile for fifty years, it just disappears.

β€” Lisa Zhang, Head of R&D

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