About Olyns
Olyns is a company based in Campbell (United States) founded in 2019.. Olyns has raised $5 million across 2 funding rounds from investors including Vanedge Capital. Olyns offers products and services including Olyns Cube, Olyns Mobile App, and Olyns Media Network. Olyns operates in a competitive market with competitors including TOMRA, Cuploop, Loop, Zeleno and Biocrux, among others.
- Headquarter Campbell, United States
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Sectors
Environment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series A
May 08, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Olyns
Olyns offers a comprehensive portfolio of products and services, including Olyns Cube, Olyns Mobile App, and Olyns Media Network. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered device for sorting and recycling containers at retail sites
Application for users to recycle and earn rewards easily
Network for brands to display ads at recycling points
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Funding Insights of Olyns
Olyns has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.0M
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First Round
First Round
(15 Nov 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Series A - Olyns | Valuation | Vanedge Capital |
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| Nov, 2021 | Amount | Seed - Olyns | Valuation | Vanedge Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Olyns
Olyns has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vanedge Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital is invested in US and Canadian companies.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Olyns
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Olyns
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olyns Comparisons
Competitors of Olyns
Olyns operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TOMRA, Cuploop, Loop, Zeleno and Biocrux, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Sensor-based sorting and recycling solutions are provided for multiple industries.
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| domain | founded_year | HQ Location |
Automated plastic waste collection solutions are provided via smart kiosks.
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| domain | founded_year | HQ Location |
Loop is recognized for its innovative digital photo frame.
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| domain | founded_year | HQ Location |
Recyclable waste is collected through kiosks with user rewards provided.
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| domain | founded_year | HQ Location |
Provides reverse vending machines for plastic recycling solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Olyns
Frequently Asked Questions about Olyns
When was Olyns founded?
Olyns was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Olyns located?
Olyns is headquartered in Campbell, United States. It is registered at Campbell, California, United States.
Is Olyns a funded company?
Olyns is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 15, 2021.
What does Olyns do?
Olyns was founded in 2019 and is based in Campbell, United States, within the environmental technology sector. AI-based smart kiosks are operated for collecting plastic waste, featuring recyclable cubes that accept only clean containers and sort them on-site. Users are rewarded for deposits made through these kiosks. A companion mobile app is offered for both Android and iOS platforms to support operations.
What products or services does Olyns offer?
Olyns offers Olyns Cube, Olyns Mobile App, and Olyns Media Network.
Who are Olyns's investors?
Olyns has 1 investor. Key investors include Vanedge Capital.