Two urgent problems:

The world produces over 460 million tonnes of plastic each year — a figure set to triple by 2050.

Most of it is polyethylene (PE) and polypropylene (PP), used in everything from construction wrap to containers and textiles. These plastics are rarely recycled and almost never upcycled, ending up incinerated or landfill.

About NILO

Our vision is for a clean and abundant world where nothing goes to waste. NILO is building a future where plastic waste is no longer pollution, but a valuable resource that supports safer materials and commercially viable circular systems. Our goal is to create a new plastic waste economy that is environmentally responsible, reduces green house gas emissions, improves infrastructure and creates opportunity for communities most affected by the global waste crisis.

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Inter IKEA Group is the group of companies that connects IKEA franchisees with range development and suppliers, and aligns the overall IKEA strategic direction. All to create a better everyday life for the many people. The Group includes Inter IKEA Systems B.V. – the worldwide IKEA franchisor – as well as range development, supply and certain industry activities.

Icehouse Ventures is New Zealand's most active venture capital investor. Our investors include >2,000 individuals, family offices, exited entrepreneurs, and institutions across six continents.

Clare is a progressive philanthropic foundation that wants more for our people and planet. Through a proactive approach, Clare invests in ways that positively impact our environment, oral health, youth wellbeing and women, to create extraordinary change.

Icehouse Ventures is New Zealand's most active venture capital investor. Our investors include >2,000 individuals, family offices, exited entrepreneurs, and institutions across six continents.

K1W1 is the family office of Sir Stephen Tindall. K1W1 has invested over $100M in capital to early-stage startups in New Zealand across a diverse range of industries. K1W1 invests either directly, or as 'funds of funds.

Pacific Channel is a leading Asia-Pacific funds management firm specialising in deep-tech, venture capital and alternative investments focused on the areas of ag/food, health and the environment. We support these companies across multiple stages of their growth with our capital, expertise and networks.