up Three million dollars Invested in capital and initially deployed and in process more than 50 commercial pilots
Singapore, November 18, 2020 / PRNewswire / – Global non-profit organization, Coalition to end plastic waste (Alliance), and early-stage startup accelerators, Put and drive, Today announced their expansion And Plastic Waste Innovation Platform Partnership – with three new hubs Shanghai, São Paulo, and Johannesburg.
Alliance and Plug and Play first launched platforms in Silicon Valley, Paris, And Singapore In hubs October 2019. Since then, the program has attracted 2,000 startups at 3 hubs, 32 of which have placed on accelerator programs. more than 3 million dollars The capital has been invested and deployed in startups with more than 50 commercial pilots between startups and Alliance member companies.
Some successful case studies include Circular, a startup from startup Paris Hub which has already partnered with Covestro, an Alliance member company and Domo Chemicals. Circular’s blockchain technology provides an open source protocol and decentralized platform to bring transparency to global supply chains and empower businesses to move towards a circular economy. The technology enables brands, suppliers and manufacturers to choose permanent and circular materials and present information about products and their supply chains without risking privacy.
Another success story is OceanWorks. OceanWorks is collaborating with Alliance Corporation, one of the Alliance’s member companies, through the launch of several new post-consumer recyclables and post-industrial recycling departments under the Ocean brand name. OceanWorks has developed a PCR grade with recycled ocean plastics and these grades are designed for consumer applications that are used in personal care products, lawn and garden equipment, outdoor goods, office supplies, shoes and home furnishings. can go.
Dow has successfully partnered with Continuous Materials, BiFusion and Empower through the End Plastic Waste Innovation Platform. The primary goal of the Dow in this partnership was to run plastic pollution and recycling systematically to find ways to prevent waste and close the loop. Through this effort, they plan to collect, reuse and recycled more than 1 million tons of plastic waste. For more information on Dow’s projects with these startups, download the case study: https://www.plugandplaytechcenter.com/dow-hefty-bag/
A final example is Literati, a start-up from Silicon Valley Hub. Literati is an app that empowers individuals to make a significant, measurable impact on the environment. The Alliance and its member companies launched Tech Cleanup Day 2020 with Literati. The ALL_TOGETHER GLOBAL CLEANUP campaign was created to clean the world, one piece of litter at a time. And it achieved that ambition with over 770,000 litter raising and over 75 participating countries.
Since then, the relationship with Literati has expanded. In the future, the Literati app will be further enhanced with simplification to incorporate education elements, machine-learning technology, and engage users. To read more about this association, download the case study: https://www.plugandplaytechcenter.com/success-story-litterati/
Nicholas Kölsch, VP of projects for coalition Said: “We have been inspired by startups from the first three hubs. To hear from even more locally relevant ideas and thinking, we have to expand our partnership to more places, and I’m glad that we’ve moved forward Shanghai, São Paulo, and Johannesburg.
With the expansion, these three new hubs will be able to reach investors and technical expertise through Startup & Plastic Waste Innovation Platform. Our member companies from across the full plastics value chain are ready to support a new phase of partnership between the Alliance and Plug and Play. ”
“We have had an amazing success rate with the first three hubs. Plug and Play is confident that we will be able to bring a group of inspiring startups with plastic waste solutions to the future of the planet. ” Matthew Claxton, Global director of Plug and Play’s sustainability program.
And Plastic Waste Innovation Platform was launched in the first three cities – Silicon Valley, Paris And Singapore. For more information, please see: https://www.plugandplaytechcenter.com/end-plastic-waste/
About And Plastic Waste Innovation Platform
The End Plastic Waste Innovation Platform is a collaboration and shared vision by an alliance, an international non-profit organization, and Plug and Play, a global innovation platform. The platform taps into the best technology start-ups and combines them with resources, experience and expertise from the world’s largest corporations to bring their innovations to scale.
About Alliance to End Plastic Waste
Alliance to End Plastic Waste is a non-profit partnership with government, environmental and economic development NGOs and communities worldwide to tackle the challenge of eliminating plastic waste in the environment. Through programs and partnerships, the Alliance focuses on solutions in four strategic areas: infrastructure, innovation, education and engagement, and cleanliness. In form of October 2020The Alliance has more than 50 member companies, strategic partners and supporters representing organizations and global companies across the plastics value chain.
For more information, visit: www.endplasticwaste.org
About plug and play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological progress faster than ever before. Since inception in 2006, our programs have expanded worldwide, including Silicon Valley and the resources needed to succeed thereafter, with a presence in over 30 locations globally. With over 30,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem across multiple industries. Our community companies have grown $ 9 billion The funding includes Danger, Rapi, Dropbox, Lending Club and PayPal with successful portfolios.
For more information, visit https://www.plugandplaytechcenter.com/
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