Olyns Press Release

Closed Loop Partners Provides Financing to Olyns, a Technology Startup Advancing Collection of Food-Grade Recycled Packaging

Circular economy-focused investment firm Closed Loop Partners announces the closing of a catalytic loan to Olyns, a technology and media company that engineered a new artificial intelligence (AI)-driven solution to improve the collection, sortation and recycling of consumer packaging. The financing from Closed Loop Partners’ private credit arm, the Closed Loop Infrastructure Group, will support the manufacturing of Olyns’ Cubes––AI-powered reverse vending machines that collect and sort packaging materials, including food-grade plastic, glass and aluminum––and accelerate the expansion of Olyns’ consumer recycling infrastructure across the U.S.
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Olyns Partners with Screenverse to Sell its Digital Out-of-Home Network on Programmatic Platforms

Olyns, an innovative AI-powered recycling solution and retail media network, today announced its partnership with Screenverse, Inc., a leading ad management company that specializes in maximizing revenue for digital screen owners. This partnership will enable media buyers to easily find and purchase ads on the Olyns media network in highly trafficked DMA’s including the Bay Area, Los Angeles, and Atlanta. The collaboration allows Olyns to increase programmatic sales and attract high-value advertisers. This partnership will enable media buyers to easily find and purchase ads on the Olyns media network in highly trafficked DMA’s including the Bay Area, Los Angeles, and Atlanta.
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Olyns Announces $4 Million Series A Funding Round

Olyns, a leader in innovative recycling technologies, today announced its Series A financing of $4 million, led by Vanedge Capital. The funding will accelerate Olyns' development of AI-driven technology and expand its dual recycling and media network.
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Olyns collaborates with Mars Wrigley to reward consumers for recycling rigid plastic candy containers

Olyns, a leader in innovative recycling technologies, is collaborating with Mars Wrigley, the world’s largest manufacturer of treats and snacks, to launch the Sweet Rewards Challenge, a new approach to the collection of rigid plastic candy and gum containers that gamifies recycling. Beginning this week individuals in Northern California who deposit qualifying candy containers in an Olyns Reverse Vending Machine will have a chance to win thousands of dollars in rewards.
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Olyns Recycling Cube Featured at Super Bowl LVI in PepsiCo’s Trash Talk Activation

At the Super Bowl Experience at the Los Angeles Convention Center, attendees can experience Olyns reverse vending machines in action. Olyns, a leader in technology-centric in-store consumer recycling solutions, will be featured this year in Pepsi’s Super Bowl activation called Trash Talk. Trash Talk will feature two Olyns reverse vending machines, and give visitors recycling education in addition to recyclable plastic and other materials to experience the magic of Olyns recycling Cubes for themselves.
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Olyns Raises $1M Seed Round to Accelerate Expansion of Consumer Recycling Solution

Olyns, a leader in technology-centric in-store consumer recycling solutions, raised a $1M seed round led by Vanedge Capital. The Olyns recycling platform includes an eye-catching bottle collection machine designed for high traffic indoor locations, and a mobile app to provide rewards, CRV redemption (in bottle bill states), and an environmental impact dashboard. Operating at the nexus of consumer recycling and retail media, Olyns’ recycling Cubes are efficient, durable, and streamlined, and with a 65-inch full motion video screen, double as a retail media channel. Each Olyns machine collects about 1.5 metric tons of recycled material per year, helping to reduce plastic waste and meet the 1 billion pound commercial demand for recycled PET.
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Olyns Engineers an Elegant and Convenient Solution to Increase Recycling of Plastics

Olyns, a leader in technology-centric recycling solutions, today announced the launch of its new bottle collection machine, designed for high-traffic, indoor locations. To increase recycling of plastics, the innovative solution provides a convenient way for consumers to redeem bottle deposits while earning rewards through a mobile app. The approach also helps break down barriers surrounding the collection and transportation of recyclables.
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