Photo - 2B0 (To Be Zero)
play_arrow
View
51274

2B0 (To Be Zero)

Recycling that's simple and rewarding

USA, California
Market: Appliances, Information and media, Mechanical engineering, Robotics, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 28.09.2021
Show contacts
0
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Featured on PBS next month, the patented 2B0 (To Be Zero) IoT recycling robot for home/office/retail uses AI to automatically recognize, sort and process recyclables.

Current Status

Friends and family pre-seed, POC (proof of concept) developed. Patent registered in the USA and pending in Canada, Japan, South Korea and China. Need funding to develop the MVP (minimum viable product). 2B0 is already achieving media mentions in the recycling industry press.

Market

Consumer (household), offices and retail locations

Problem or Opportunity

Most recyclable material ends up in landfills (or in the ocean) as the material has been contaminated or is not economical to recycle. Municipalities that have advanced recycling programs make the process of recycling tedious and confusing.

Solution (product or service)

The 2B0 robot simplifies recycling, makes recycling fun and rewarding, and allows municipalities to save money by reducing pickups from weekly to monthly. Material recycled with 2B0 has higher value and a lower volume. Consumers are provided with feedback to help change their consumption habits towards being more sustainable (e.g. stop purchasing bottled water).

Competitors

bin-e (Poland), AMP Robotics, eCube Labs, Grey Parrot

Advantages or differentiators

* The 2B0 gamified recycling experience is rewarding (and addicting)
* 2B0 is targeting residences, offices and retail locations
* 2B0 recycled material is not simply compacted - it's processed, increasing its value
* 2B0 data collected has high value to data brokers

Finance

* Appliance sales, leasing, extended warranties, supplies and services
* Data collected from the recycling units to data brokers
* Branding partnerships

Business model

We are selling the units directly to consumers and businesses, keeping the retail costs lower and allowing us to achieve higher market penetration. We are going to test launch in selected municipalities first, partnering with the city to negotiate tax incentives for 2B0 customers.

Money will be spent on

Developing the 2B0 recycling unit MVP

Offer for investor

20% equity on $10 million USD valuation

Team or Management

Risks

- Consumer spending may not rebound soon
- Consumers may not want to recycle

Incubation/Acceleration programs accomplishment

n/a

Won the competition and other awards

5th place, Silicon Valley Unicorn, February 2021
4th place, XTC Extreme Tech Challenge, Israel, April 2021

Invention/Patent

https://patents.google.com/patent/US9821316B2/ko

Photos

Photo 1 - Recycling that's simple and rewarding

Product Video

5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility234
star1
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video