NILO is a New Zealand-based startup with a vision to transform plastic waste from a global problem to a valuable resource. With a team comprising chemists, engineers, technologists, and entrepreneurs, NILO is focused on repurposing plastic waste into new products that seamlessly integrate into the world’s existing supply chain, aiming to drive rapid replacement and adoption of problematic materials. The startup's last investment came in the form of a Corporate Round investment by IKEA on 09 June 2023. Notable previous investors include SDG Impact Japan, Clare Foundation, Icehouse Ventures, and K1W1. NILO operates within the industries of Sustainability and Waste Solution, aiming to pioneer a new plastic waste economy. The startup's approach is grounded in a low-carbon emission process, and it aspires to expand its repurposing capabilities to a wide range of solid waste, including construction waste and tires. This aligns with NILO's ambition to create a circular economy driven by plastic repurposing and accreditation, ultimately turning the world’s waste from a problem into an opportunity. With a focus on both technological advancements and cultural synthesis, NILO is determined to fulfill its role in the industrialization of techno-repurposing, emphasizing the concept of kaitiakitanga. For more information visit NILO.world.
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