Olyns is a sustainability startup based in the United States that is redefining recycling with its innovative approach. Through their Recycling Media Cubes placed at the entrances of popular retailers, Olyns not only offers convenient beverage container recycling to consumers but also delivers impactful advertising to brands. Their unique business model, which funds recycling through advertising, has proven to be profitable and scalable, providing value to retailers, brands, and consumers alike. The company's Series A investment of $4.00M in May 08, 2023 from Vanedge Capital attests to investor confidence. Olyns' mission of accelerating the shift to a circular economy is backed by tangible impact as each RVM Cube is capable of redirecting more than two metric tons of material annually, significantly reducing plastic pollution and increasing the supply of high-quality recycled plastic. With over 140,000 potential installation locations in the U.S. alone, including various high-traffic indoor and outdoor venues, Olyns is poised for widespread adoption and impact.
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