Genecis uses biotechnology to convert waste into high value materials, including PHA bioplastics.
Basic Information
Headquartered in Scarborough, Ontario, Genecis’ biological processes convert food waste destined for landfill into valuable materials. They are on a mission to drive our world towards a circular economy, where major brands utilize eco-friendly PHA plastics in packaging, food services, agriculture, textiles and many other areas to reduce the 18 billion pounds of plastic polluting our oceans every year. They are leveraging their technology and team to benefit the planet and their clients’ bottom line. Their PHBV Plastic has equivalent properties to traditional oil-based plastics, without the environmental costs. When the product reaches end of its useful life it can be composted within a month. If it does find its way into the ocean, it degrades within a year. Their supporters and Partners: MaRS, Green Chemistry & Commerce Council (GCB) , Sodexo, Y Combinator, Green Centre Canada among others.
Legal Name
:
Genecis Bioindustries Inc
Headquarters
:
Toronto, Ontario, Canada
Founding Date
:
2016
No. of Employees
:
21 to 40
Core Team
:
1.
Luna Yu
Co-Founder & CEO
2.
Abdulrahman Khogali
Chief Operating Officer
3.
Brad Witt
Chief Financial Officer
Funding
Investors
:
1.
Beresford Ventures
2.
Creative Destruction Lab
3.
GCI Capital
4.
Sunhope Capital
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