RecyGlo, a Myanmar startup that has built a recycling pick-up service, has been accepted into the Katapult Ocean Accelerator Program from Norway and will receive a US$150,000 investment as part of the programme, according to a local media report.
RecyGlo is trying to help Myanmar companies improve their recycling habits by helping them schedule and arrange the delivery process. Essentially, if a company organises their recycling, RecyGlo will make sure it gets to the correct destination.
“The current waste management in Myanmar is frangemented, inefficient and problematic,” says Co-founder and CEO Shwe Yamin Oo. “Our biggest concern is that waste is not properly managed and eventually going to rivers and ocean thus creating massive environmental problem. We make sure waste management and recycling easy, affordable, systematic and minimal impact on the environment.”