STARTUP PROFILE

RecyGlo

Updated: 12/2020

RecyGlo

Myanmar / Yangon , Myanmar

Website

Angel/Seed 01/2020

Pitch

Myanmar’s first circular economy waste management and recycling marketplace is banking on blockchain and analytics to become a key player in Southeast Asia.

Why

Limited recycling options

Emerging economies like Myanmar need better facilities for trash collection and recycling.

Pre-owned goods market

Rising demand for more affordable, second-hand goods like home appliances.

Waste management logistics

Limited public resources to collect-for-recycle increasing amounts of plastic waste in Southeast Asia.

Market

$1.3bn

Estimated annual market value of waste management in Myanmar, an emerging economy currently underserved in the collect-for-recycle sector: RecyGlo

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