About – Renew One

About Renew One

Join us in our mission of creating circular economies around plastics.

Renew One was founded at MIT, with the vision to be a technology leader in developing solutions to plastic waste.

Everything we do at Renew One is guided by our core values

Our Mission

Renew One was founded at MIT, with the vision to be a technology leader in developing solutions to landfill-bound waste. Through our proprietary advanced recycling process, which allows us to reverse plastic back into its basic molecular structure, we convert non-recycled plastic waste into new valuable products such as high-value petrochemical feedstocks.

Our Purpose

Renew One’s purpose is to develop technologies and processes to address our core mission of preventing landfill-bound waste. We envision a world in which there is no waste, as each item is renewed in some way. By renewing each waste stream and giving it some value, it ensures that waste will not only stay out of landfills, but out of our precious environment too.

Integrity 0%

Honesty is the guiding force of all our interactions and products.

Innovation 0%

We are constantly finding new solutions and ideas to progress.

Transparency 0%

We maintain open and clear dialogue with all our stakeholders.

Inclusiveness 0%

We are a community that welcomes all backgrounds and views.

We are a passionate team of engineers, designers and entrepreneurs

Our Funding Partners

Thanks to our partners who help make our vision a reality

Renew One’s progress to date has been financed by its strong partners across the government and private sectors through grants, awards and debt capital. We have been awarded grant funding from Utah Governor’s Office of Economic Development, as well as low interest debt from Salt Lake City’s Economic Development Loan Fund and Enhanced Capital. Our founders are the recipient of awards from the leading silicon valley VC firm, Lightspeed Venture Partners and Steve Case (former CEO and founder of AOL).

Our Awards

Renew One's work is the recipient of leading industry awards

In 2019, our progress was recognized as one of the country’s leading innovators protecting the environment as a winner of Toyota & Nation Swell’s Vehicle of Change contest. In 2018, our founders were the winners of Sustainable Brand’s Innovation Open. Prior to this, we won prize money as an award winner for Cartier Women’s Initiative Awards, MIT Clean Energy Prize, RBPC and Cleantech Open. We have also received industry recognition as a finalist of the SPC x Closed Loop Partners FlexPack Recovery Challenge and as the Winner of Fortune Brainstorm Green.