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Public Launch of Parent Brand, Microfactory Venture Platform (MVP) wit – Microfactory Venture Products

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Microfactory Venture Products

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Public Launch of Parent Brand, Microfactory Venture Platform (MVP) with $15 Million Investment

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New platform enhances commitment to scale ‘waste to resource’ globally. VANCOUVER, BC – April 22, 2024 – ChopValue, the leading circular product solutions manufacturer, has secured $15M in funding to advance the company’s longstanding vision of launching its parent brand, MVP, for a responsible, closed-loop product future. Building on the success of ChopValue as the first commercially viable business model for scaling circular manufacturing globally, the Microfactory Venture Platform (MVP) reflects the brand's natural evolution to expand into different resource streams. This leverages the ChopValue brand's early traction in operating a global ecosystem of Microfactories, a business entirely built on urban harvesting chopsticks, producing premium performance products in 9 countries to date.   According to the World Bank, 3.5 billion tonnes of solid waste is expected to be landfilled annually by 2050, creating 240 million tonnes of CO2e emissions. Recognizing the urgent need for innovative solutions to address the alarming issue, ChopValue's new parent brand, MVP, aims to provide the technology platform to tackle the pressing challenge of waste accumulation from the construction, manufacturing, and consumer product sector. With its newly acquired IP portfolio for urban and industrial resource streams ranging from coffee grounds to apparel scraps, MVP is paving a sustainable path to turn more than 100 tonnes of waste to product per day.

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Public Launch of Parent Brand, Microfactory Venture Platform (MVP) with $15 Million Investment

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New platform enhances commitment to scale ‘waste to resource’ globally. VANCOUVER, BC – April 22, 2024 – ChopValue, the leading circular product solutions manufacturer, has secured $15M in funding to advance the company’s longstanding vision of launching its parent brand, MVP, for a responsible, closed-loop product future. Building on the success of ChopValue as the first commercially viable business model for scaling circular manufacturing globally, the Microfactory Venture Platform (MVP) reflects the brand's natural evolution to expand into different resource streams. This leverages the ChopValue brand's early traction in operating a global ecosystem of Microfactories, a business entirely built on urban harvesting chopsticks, producing premium performance products in 9 countries to date.   According to the World Bank, 3.5 billion tonnes of solid waste is expected to be landfilled annually by 2050, creating 240 million tonnes of CO2e emissions. Recognizing the urgent need for innovative solutions to address the alarming issue, ChopValue's new parent brand, MVP, aims to provide the technology platform to tackle the pressing challenge of waste accumulation from the construction, manufacturing, and consumer product sector. With its newly acquired IP portfolio for urban and industrial resource streams ranging from coffee grounds to apparel scraps, MVP is paving a sustainable path to turn more than 100 tonnes of waste to product per day.

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