Olyns develops dual-purpose recycling Cubes that combine beverage container reverse-vending machines with retail media advertising for brands. The Cubes are placed at retailer entrances and each holds more than 2,200 containers, capable of redirecting tons of recyclable material annually. Its product serves consumers and advertisers, and the company partners with The Coca‑Cola Company, PepsiCo, and Mars Wrigley. Olyns plans to use new funding to accelerate development of AI-driven technology and to expand its dual recycling and media network. The company is expanding its Cube network in California, Georgia, and other U.S. states. Led by CEO Philip Stanger and based in San Jose, CA, Olyns raised $4M in Series A funding to support growth. Olyns engineers technology-centric in-store and out-of-home consumer recycling solutions. Its systems are designed to increase access, create incentives, generate revenue, and reduce labor barriers for recycling. The company positions its model to help meet demand for recycled plastic (RPET) and accelerate the shift to a circular plastics economy. Olyns is based in San Jose, CA. Financially, the company completed a $1M seed financing led by Vanedge Capital.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

May 2023