Carbon World Limited
Date of Foundation
2013

Carbon World Limited

"Carbon World: HK-based green tech with innovative waste solutions."

The Idea origin story

"Carbon World provides an end-to-end sustainable solution for waste management. By recognizing and sorting recyclable wastes, we ensure local disposal and carbon reduction. We reward CO2 reduction, aiding in achieving ESG KPIs. Our service includes recycling through IoT machines, integrated apps, and promotional campaigns; collecting waste via our logistics; transforming waste into products; and operating RVM with full technical support."

The Mission

"Empowering the world to turn waste into rewards through innovative green technology solutions."

Clients

PitchBob’s recommendation: Serving Hong Kong and Macau Governments, Shell Gas Stations, Vitasoy, various universities, shopping malls, commercial buildings & NGOs.

Problems we solve

Client’s problem

Your startup has the potential to solve major waste management and environmental issues. By providing end-to-end solutions for responsible recycling, your platform could significantly reduce unnecessary wastes, lower carbon emissions, encourage recycling habits among consumers and businesses alike, as well as improve sustainability measures of industries. Plus with innovative use of technology such as IoT in recycle machines or integrated apps for easy access to recycling services can modernize the whole process make it more efficient. This would ultimately contribute to a healthier environment and sustainable future.

Confirmation of problem

waste management is a global concern, affecting both developed and developing nations with significant environmental impact.

Solution

Our solution includes IoT-based recycling, interactive platforms & apps, loyalty programs, CSR designs; effective waste collection & reprocessing; and RVM operation maintenance.

Our technologies

This solution is based on technologies

Internet of Things (IoT), Machine Learning, Artificial intelligence, Blockchain for secure and transparent transactions, Mobile App Development.

How it works

Our solution works by identifying and sorting recycle wastes, offering local disposal, carbon reduction and rewards, contributing to a long-term sustainability.

Value for the client

Carbon World offers a comprehensive waste management solution rewarding ecological responsibility while reducing carbon footprints for businesses and consumers.

Market and strategy

Market size

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

Paul Chan

My key role in the product

Your key role is CEO and you're responsible for strategy, operations, marketing, sales development, business expansion and long-term planning.

Team size and key members

Chief Technology Officer, Head of Product Development, Chief Human Resources Officer, Customer Experience Director

Competitors

Competitors

Some potential competitors for your green tech startup could be other waste management companies utilizing technology, such as Waste Management Inc., Rubicon Global, and Enevo.

Our Advantages

Leveraging 20+ years of industry expertise, we provide comprehensive solutions to our partners. Our strong foothold in HK and Macau is bolstered by a robust ecosystem and carbon coin rebates. Consistently aligning with ESG trends for environmental protection.

Business model

HKD 3,000 per each machin footprint per month from tenants

Traction

Elevate your experience with our advanced model, boasting a larger screen for unparalleled visuals. This model fosters progress and enhances user interaction, setting new bars in sophistication.

Expect our company to surge, as we forecast doubling revenue growth in the pivotal second and third years. An exciting phase of expansion awaits us.

Metrics

As of March 2021, we have over 60,000 total members, managing around423K recycle transactions in Macau and over 1.4M in Hong Kong. We've a network of nearly 220 kiosks across these regions.

Surpassed a significant financial milestone in FY22, achieving an impressive turnover exceeding 10 million HK dollars.

Incorporation

Our company incorporated in

Hong Kong

Key risks

Your main risks include regulatory changes impacting waste management, difficulty scaling operations, technological faults in the IoT machines or software, challenges acquiring customers and ensuring their usage, competition from other recycling initiatives or technologies.

Investments

$

20000000

We raised investments

Our Investors

sell funded, and I fully own of the company

Rising Investments

$

20000000

Currently, we are raising investments

$

64Million

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Scale